Does Hamways benefit from tenants choosing to use Flatfair rather than pay a security deposit?

No, as a business we have offered to waive any payments to us from Flatfair in order to make this option as affordable as possible for the tenant, allowing us to offer this option at a flat cost of one weeks rent (no VAT).

We have introduced this option as an alternative so as tenants have a choice, between a one week, one off payment OR the standard one month deposit to be held for the duration of the tenancy.