Certified move-in payments. Instant deposit refunds. The flexible alternative to tenancy deposits.
There are very good reasons why property owners require security deposits. Maintaining protection against damages and unpaid rent is the obvious reason, but deposits also allow landlords to screen and establish accountability with renters – they now have skin in the game.
Many renters are surprised to learn that landlords aren’t big fans of deposits. Accepting, processing, and refunding deposits is a burdensome administrative process, made even more complicated due to ongoing regulatory changes.
Agents, landlords and tenants – everyone deserves more. More convenience, more cover, more financial freedom.
At Renteero, our mission is to improve the world of renting by providing a simple, clear solution that benefits everyone involved. We work to ensure that everyone feels part of a win-win agreement.
Renteero creates affordable rental solutions leveraging open-banking technology to guarantee owners higher protection against rental risks, while ensuring the process is smooth, clear and transparent
Upload all your properties in minutes. Renteero makes it easy for you and your team to focus on creating a better experience for your tenants.
And once your new tenant has opted for Renteero, you or your agent will be able and send an automatic sign-up invitation.
Never waste time with bank accounts or handling cash again. Our simple onboarding helps you and your tenants get set up fast.
Leveraging the latest KYC and open-banking technology, Renteero is able to verify tenant identity and financial accountability straight from the source. Emailing and manually checking documents is a thing of the past.
If the tenants meet your eligibility criteria, our open banking technology let them pay a traditional deposit to you electronically. Our open-banking technology uses bank-level security and end-to-end encryption to establish a secure connection directly with the tenant's bank to securely transfer and certify the deposit payment. Tenants authenticate with their bank using SCA for peace of mind knowing fraudsters are kept at bay.
Once checked out, you will have 30 days to raise end of tenancy charges for any damage, missed bills and rent. If no charges are to be raised, no further action is required.
You can only charge up to to the deposit amount for damages or missed rent, and unreasonable charges may be disputed through any of the same legal channels as defined in the lease and/or provided by law, just like a traditional deposit.
Our open-banking technology allows for your charges to be paid instantaneously, so you don't have to think anymore of hassling with tenants to get the costs paid out.
Focus on creating a better experience for your tenants. Manage all rent deposits in one place. No paperwork, ever.
We protect you better than a cash deposit would. And if there’s any damages or unpaid rent, you’re instantly put back in pocket of any charges.
Void periods cost EU landlords over €100bn a year. Properties advertised with a ‘deposit free option’ will typically let quicker.
Leveraging the latest technology in ID verification, Renteero is able to verify a tenant identity and confirm their eligibility against multiple public records. Renteero reduces the risk to your business while providing applicants with a user-friendly experience.
Tenants prove their financial health and accountability by allowing direct and secure access to information about their income levels and past rental history. Collating, emailing and manually checking documents is a thing of the past.
Open Banking uses bank-level security and end-to-end encryption to establish a secure connection directly with a tenant’s bank. The bank only shares pre-agreed information with us we need to make an assessment, which is digitally signed and impossible to forge.
Payments are initiated from within Renteero and completed with just a few clicks. Customers authenticate with their bank using SCA for peace of mind knowing fraudsters are kept at bay.
Funds will arrive in your account in an instant. No more middle-parties and waiting days for settlement. Just instant payments from one account to another, powered by Open Banking.
Renteero integrates with multiple software partners to match your flow. Let Renteero handle all move-in payments and cash deposits for a seamless and compliant leasing process.
Renteero is integrated with the leading PMS systems to seamlessly match every step of your accounting workflow, accelerating the refund process and simplifying the move-out experience.
Renteero is offered through our network of lettings agents, property managers and build-to-rent partners. If your property is managed by a Renteero partner, they will handle Renteero on your behalf. If your agent does not yet use Renteero, get in touch to refer them to us.
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