Banking

for landlords and tenants

rent deposit guarantee

Awesome solution

rules are constant. how we comply can get easier

Normally in a rental agreement landlords require a security deposit equal to 1 or 2 times the monthly rental, payable on sign up with the first month rental. This is to cover repair costs or missed rent at the end of the lease.

sounds familiar?

Many would-be-tenants do not have money saved up to cover rent deposit, even though they may be no riskier than those who have it. As a result, landlords may lose out on securing tenants or waive the deposit, which is risky. Rental Agents also lose out on securing revenue from tenants that they don't sign up due to lack of funds for the security deposit

our solution

We provide an alternative to a lump sum upfront payment by tenants, and a need to chase refunds at the end of the lease.

From just R50 per month, Family Tree provides the rental security guarantee on behalf of the tenant to the landlord.

SIGN UP MORE RENTAL CLIENTS

You get a rental client, but cannot sign them up because they don't have 2 X rent amount to cover the deposit and rent. Often, you lose the deal

With our rental deposit guarantee, you can now sign up tenants for your landlords WITHOUT a need for rental deposit upfront.

ESTATE AGENTS

NEVER BE WITHOUT SECURITY

Isn't it annoying to waive deposit then end up spending out of pocket to repair tenant's damage to your property?

Or the deposit from many years ago being insufficient due to inflation?

Our rental deposit guarantee facility gives you an inflation adjusted fund to repair structural damages by a former tenant

LANDLORDS

NO RENTAL DEPOSIT? NO PROBLEM

Found a great a place to rent but don't have the full rent security deposit immediately?

Anyway, the rent deposit is money out of your pocket, with no return.

From as little as R50 per month, we provide to you with a rental deposit guarantee to support your rental agreement

TENANTS

Get it here

some answers to

faq

how does this work?

On signing the lease contract, the tenant signs up for the rental deposit guarantee at a monthly fee. In this instance, there is no need to make an upfront payment of the deposit. The security fee is included in the monthly rent

how much is guaranteed

After a 3 month waiting period, we guarantee 20% of the rental amount, increasing by an additional 20% per month until it covers the full 100% rent for the life of contract.

what can the landlord claim?

At the end of the lease, the landlord would claim repair costs not already paid by the tenant up to the amount equal the current rent. Any shortfall can be recovered from the tenant