Business
Licence Agreement with mydeposits
RentGuarantor Holdings PLC has announced a licence agreement with mydeposits, a government-authorised tenancy deposit protection scheme representing approximately 400,000 landlord members and protecting over £1.3 billion of tenant deposits. This partnership will integrate mydeposits' rent deposit service into RentGuarantor's existing professional guarantor offering, creating a combined deposit and guarantee package for tenants under a single fee. The new model aims to simplify processes for landlords and tenants by providing landlords with dual protection for rent arrears and deposit amounts, while tenants retain custodianship of their deposit funds. This strategic move is expected to expand RentGuarantor's product portfolio and strengthen its market position. Disclaimer*
About this update from Rentguarantor Holdings Plc
[{"type":"text","content":"\n\n\n \n26 February 2026\nRentGuarantor Holdings PLC\n \n(the \"Company\" or \"RentGuarantor\")\n \nLicence Agreement with mydeposits\n \nRentGuarantor (AIM: RGG), a provider of rent guarantee services to prospective tenants across the socio-economic spectrum wishing to rent property in the UK1 private rental sector, is pleased to announce a licence agreement (the \"Agreement\") with Tenancy Deposit Solutions Limited, trading as mydeposits (\"mydeposits\", together the \"Parties\"). The Agreement represents an initial stage in the development of a rent deposit product to be offered alongside RentGuarantor's existing professional guarantor service. mydeposits represents approximately 400,000 landlord members and protects more than £1.3 billion of tenant deposits across the UK private rented sector.\n \nRentGuarantor - Licence agreement with mydeposits\nRentGuarantor has signed a licence Agreement with mydeposits which forms part of the Company's plans to offer an enhanced rent guarantee service by including a rent deposit service provided by mydeposits as an extension of the Company's existing product offering.\nmydeposits is one of three UK government-authorised tenancy deposit protection schemes, which has been in operation since 2007, representing approximately 400,000 landlord members and protecting more than £1.3 billion of tenant deposits across the UK private rented sector. Landlords and letting agents who rent properties, are legally required to protect any tenancy deposits (also known as security deposits) in a government authorised tenancy deposit scheme.\nThrough this innovative model, RentGuarantor aims to simplify the processes for both guarantor and deposit requirements by:\n \no Providing landlords with the security of mydeposits' government-approved deposit protection scheme and RentGuarantor's professional guarantor service that safeguards against rent arrears.\no Allowing both the deposit and rental income to be protected for the landlord and tenant.\no Utilising RentGuarantor's expertise in tenant-landlord relationships.\no Using RentGuarantor's proven technology platform to enable swift application and results.\n \nThe Agreement represents a new offering for RentGuarantor which the Directors believe will expand its product portfolio and strengthen its...