HomeLet vs Zero Deposit
Both are listed under Referencing & Tenant Onboarding. Everything below is drawn from each provider's own published material.
H
HomeLet
Tenant referencing and specialist lettings insurance provider, selling referencing, rent protection and landlord and tenant policies through letting agents.
Z
Zero Deposit
Deposit replacement scheme letting tenants pay a smaller upfront fee instead of a traditional cash deposit, while giving landlords six weeks of protection.
At a glance
| Attribute | HomeLet | Zero Deposit |
|---|---|---|
| Category | Referencing & Tenant Onboarding | Referencing & Tenant Onboarding |
| Pricing model | Quote on request | Per listing |
| Pricing | Not publicly disclosed — quote-based, with commission paid to introducing agents | Tenant pays around one week's rent plus a £59.99 set-up fee, then £17.50 annually |
| Sold to | Independent agents, Small chains, Corporate & enterprise | Independent agents, Small chains, Corporate & enterprise |
| Headquarters | Lincoln, England | Stevenage, England |
| Employees | ~300 | Not disclosed |
| Market | UK & Ireland only | UK & Ireland only |
Capabilities
Only HomeLet (7)
- Tenant referencing
- Same-day referencing
- Rent protection insurance
- Landlord buildings and contents insurance
- Tenant contents and liability insurance
- Void notification
- Agent commission scheme
Only Zero Deposit (4)
- Deposit replacement guarantee
- Six weeks of landlord protection
- Agent-facing sign-up
- Dispute resolution via The Dispute Service