𝙍𝙚𝙣𝙩𝙞𝙣𝙜 𝙢𝙖𝙙𝙚 𝙍𝙚𝙬𝙖𝙧𝙙𝙞𝙣𝙜
Canopy is on a mission to help renters build a better financial future – we have pledged to eliminate rental deposits by 2025 which will help put £1,200 back in a renters wallet. Our aim is to improve Renters access to ethical, fair, affordable financial products and services.
We pledge 3% of our profits to charities that alleviate homelessness.
𝙕𝙞𝙡𝙘𝙝! 𝙯𝙚𝙧𝙤! 𝙯𝙞𝙥! 𝙣𝙞𝙡! 𝙣𝙤𝙣𝙚! 𝙙𝙞𝙙𝙙𝙡𝙮-𝙨𝙦𝙪𝙖𝙩! 𝙣𝙖𝙙𝙖! 𝙣𝙤𝙩 𝙖 𝙨𝙖𝙪𝙨𝙖𝙜𝙚! 𝙉𝙐𝙁𝙁𝙄𝙉
That’s precisely how much credit history renters are building from paying rent! Renters can change that for FREE today with Canopy by simply tracking their rental payments, through our Open Banking service.
Make the rent you are paying count towards a better credit score!
Canopy’s RentPassportTM, powered by Experian and Open Banking, helps aRenter take control of rental history.
𝙍𝙚𝙣𝙩𝙋𝙖𝙨𝙨𝙥𝙤𝙧𝙩™ – 𝙎𝙖𝙮 𝙣𝙤 𝙩𝙤 𝙚𝙣𝙙𝙡𝙚𝙨𝙨 𝙛𝙤𝙧𝙢
Say no to endless paperwork. Sign up now and create your instant Rent Passport™ in minutes. Say goodbye to uploading payslips and bank statements as proof of income.
With Open Banking, you can securely connect with your bank and verify your income in seconds, securely. Next complete a soft credit check with Experian (all inside our app) which is required by all letting agents and landlords.
You can share your Rent Passport™ with a letting agent or a landlord whenyou move to give them an instant view of your rental history and financialsuitability. It means you don’t to start a new tenant screening application each time you move to a new rental property.
𝙎𝙖𝙫𝙚 𝙢𝙤𝙣𝙚𝙮 𝙤𝙣 𝙮𝙤𝙪𝙧 𝙧𝙚𝙣𝙩𝙖𝙡 𝙙𝙚𝙥𝙤𝙨𝙞𝙩
On average, save up to 90% of your cash rental deposit by switching froma traditional cash deposit to a DepositFree™ insurance policy. It’s one-off premium that protects your landlord for eight weeks instead of five weeksdeposit. Canopy also protects renters for life changing events. For example, if you lose your job or become seriously ill, then Canopy will cover the cost of a reasonable claim from your landlord at the end of a tenancy.
Complete your instant RentPassport™; Experian soft credit check and income verification sections of the app, and get instantly qualified for DepositFree™. You will need an Experian credit score greater than 561. Onaverage, Canopy charges 10% average premium of the cash deposit amount. For example, if cash deposit is £2,000, then average deposit insurance premium would be £200, plus insurance premium tax (currently12%) and 10% Canopy admin fee (total price: £244)
𝙁𝙧𝙚𝙚 𝘿𝙚𝙥𝙤𝙨𝙞𝙩 𝙁𝙧𝙚𝙚 𝙍𝙚𝙣𝙚𝙬𝙖𝙡𝙨
If a Renter has tracked their rent in the preceding rental period, and does not have any outstanding rental payments, then Canopy will offer free renewal in the same property for a maximum period of 12 months.