FidoRent

FidoRent Ltd is a UK-based company that provides an alternative to traditional cash tenancy deposits. The service is designed to make renting more affordable for tenants by replacing a large upfront security deposit with a smaller, one-time, non-refundable fee equivalent to one week's rent. In exchange, FidoRent provides the landlord with a guarantee that covers potential damages or unpaid rent up to the value of a standard five-week deposit. This "deposit-free renting" model aims to reduce financial barriers for tenants while maintaining financial security for landlords.