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flatfair
United Kingdom
Nov 2016 (8 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know flatfair
Company Information
Get to know flatfair
Inspired by the widespread success of deposit alternative schemes in Germany and Switzerland, flatfair has partnered with some of the biggest letting agents across the UK to offer innovative rental solutions for tenants and landlords. Tenants can use our No Deposit solution to secure a new home with just their debit card, paying a small, one-off check-in fee worth only one week’s rent (+VAT), settling any damage charges when it’s time to move out (a bit like checking out of a hotel). Landlords can top-up their protection with Boost. A solution that offers up to six weeks of extra protection along with fast cost recovery the day after charges are agreed with tenants. It can be used to add protection to a traditional deposit, or on top of flatfair’s No Deposit. Everything is handled through flatfair’s easy-to-use online platform, where tenants and landlords can handle end of tenancy charges quickly and fairly. And if they can’t agree, government-backed independent adjudicators are on hand to help out. flatfair's technology makes life easier for agents too, from registration and change of sharer right through to check-out – they’ll also get a commission for bringing on new tenants and landlords too.
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