Member Article

There's a new rental scheme in Elephant and Castle which has abolished security deposits

A new build to rent (BTR) scheme in Elephant and Castle is launching this September from private rental operator Get Living that will see tenants facing one less financial hurdle when moving in.

The 374-home development on Elephant Road is Get Living’s second development in London and the developer has said it will not charge new tenants a security deposit in a move that echoes its abolishment of deposit-taking at its former Athletes’ Village site.

Spread over three buildings named after famous UK castles (Raglan, Tantallon and Mawes), the units come in one, two and three bedroom configurations and will be available to rent directly from Get Living.

The 1.25 acre site will also be complemented by Castle Square, a public space housing a weekly food market as well as a retail space featuring a Gymbox and five new restaurants.

Much like its Athletes’ Village site in Stratford, the new scheme will bring the firm’s tenant-first philosophy to the Elephant and Castle area with innovations such as longer three-year tenancies, free 20Mbps broadband for every resident, no fees and resident-only break clauses amongst other benefits.

Neil Young, chief executive of Get Living, said: “We are excited to share news of our expansion to Elephant and Castle, our second location.

“Building and nurturing vibrant communities of renters is at the heart of everything we do at GetLiving, and we will bring the very same values that we have successfully held at East Village to this fantastic zone one location. We look forward to bringing our trusted, hands-on landlord service to Elephant and Castle.”

The new site means Get Living now have over 6,000 homes under management or in the pipeline having also acquired sites in Leeds and Glasgow this year.

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