A: In order to create a conversion membership and help tenants unlock their cash deposit by becoming flatfair members, the following criteria must be fulfilled: 

  • Property must meet flatfair's minimum property qualification criteria
  • Tenants must meet flatfair's minimum referencing criteria
  • Tenants must not currently be in rent arrears
  • Tenants must not have any rent arrears in the last 6 months
  • Tenants must have at least 6 months remaining on their fixed-term tenancy
  • The existing AST should be updated to a flatfair-specific AST, or a flatfair AST-Addendum is to be produced when creating the conversion (RECOMMENDED)

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