Deposits, made simple
Two safe ways to handle a rental deposit in Ireland: Escrow and Deposit Insurance.
Escrow (Bank Partner)
1) You send the deposit
The money goes to a special safe box at the bank.
2) Bank keeps it locked
No one can spend it during the tenancy.
3) Released fairly
When both sides agree at the end, the bank sends the right amount back.
FairTransparentSafeNo cash handling
What is Escrow?
Imagine a strong box at the bank. You put your deposit inside, and the box is locked. During your stay, nobody can take the money out. When you move out and everything is okay, the box opens and the money goes back to the right place. Easy and fair.
- Your money is protected while you rent.
- The bank only releases it when both sides agree.
- Availability depends on partner checks and terms.
Deposit Insurance
1) Smaller upfront
Sometimes you don't need the full deposit. You may pay a smaller deposit or a small fee (if eligible).
2) Landlord is protected
The insurer promises to cover certain things as the policy says.
3) You keep more cash
Good for moving costs while your landlord still has protection.
Lower upfrontProtection staysPartner-backed
What is Deposit Insurance?
Think of it like a helper who promises to protect the landlord. Because of this promise, you might not need to pay a big deposit at the start. Sometimes you pay a smaller deposit or a small monthly fee. The landlord still feels safe, and you keep more money for moving.
- Less money upfront for you (when eligible).
- Protection guaranteed by the insurer.
- Availability and terms depend on partner checks.
Good to know
- Both options are meant to make renting fair and safe for everyone.
- Availability depends on partner checks and may vary by listing.
- We'll always show you what's available before you apply.
Ready to use a smarter deposit?
Create your Housie Passport to access deposit benefits where available, or start browsing homes now.