About DLighted
Deposit Free Renting
D-lighted offers a simple alternative to the Tenancy Deposit Scheme’s (TDS) currently operating in the private rented sector. There is £3.2 Billion held in various tenancy deposit schemes. In 97% of cases these tenancy deposits are simply handed back at the end of the tenancy.
Our clients have exclusive access to a Deposit Replacement Insurance Product with up to £7,500 protection.
Our deposit replacement insurance system was founded by property expert and renting reform campaigner Ajay Jagota, who was named Letting Agent of the Year in 2015 after becoming the first agent in the UK to abolish deposits.
Instead of asking tenants to handover an average of £967 just to start renting a property our deposit replacement insurance policy lets them move in for zero deposit.
As well as making it easier and faster to find and keep good tenants, our policy gives landlords and letting agents:
£500,000 of cover against property damage
£75,000 rent guarantee
£50,000 of legal protection.
We are also the only deposit-free renting firm to offer enhanced tenant vetting through our Trusted Tenant technology – giving landlords and letting agents a much more comprehensive picture of a prospective renter’s financial history than standard tenant referencing firms.
We want to be recognised as the company who changed the way the rental market in the UK works.
Making renting cheaper for Britain’s 10,000,000 tenants
Making renting better for landlords and letting agents by reducing red tape and costs while offering genuine protection against rent arrears, property damage and legal costs.