Zero Deposit is a UK-based company that offers an alternative to traditional tenancy deposits for renters and landlords. Instead of paying a hefty security deposit upfront, tenants can purchase a Zero Deposit Guarantee, which costs the equivalent of one week's rent. This guarantee provides landlords with protection equivalent to a six-week security deposit, ensuring they are covered for any potential damages or rent arrears. The service aims to make renting more affordable and accessible for tenants while still offering security to landlords. Zero Deposit is regulated by the Financial Conduct Authority (FCA).