LONDON—Yorlet has partnered with Fronted to offer renters an alternative way to pay for a new rental deposit. The partnership will allow the businesses running on Yorlet to offer Fronted’s flexible payment options to their consumers.

Fronted’s lifetime deposit aims to remove the financial impact moving can have on renters. The product allows tenants to transfer their deposit from one property to the next, simplifying the deposit experience for people renting, rather than having to save up and pay a deposit every time they move home.

By partnering with Yorlet, Fronted will now make its lifetime deposit available to all of Yorlet’s UK customers. Yorlet is also making Fronted available as a new payment method through its API, enabling other businesses to easily offer Fronted as a payment option in their own platform.

“We are pleased to go live as a payment option in Yorlet’s platform”, Jamie Campbell, co-founder of Fronted, “renters are feeling the sting of the cost of living crisis and in some cases are ‘locked in’ to houses they no longer want to rent. We’re pleased to work together to free up more people to move more easily.”

“We’re thrilled to partner with Fronted so that businesses on Yorlet in the UK can offer increased deposit payment flexibility,” said Will Stenhouse, Co-founder at Yorlet. “Fronted’s Lifetime Deposit is not only a powerful new tool for businesses, but it also helps ease the financial burden many renters face by having to tie up their money twice.”