Deposit alternative provider flatfair hires ex- Savills and Zoopla executives

flatfair, a fintech that allows tenants to instantly rent a home with just their debit card and without large upfront costs, has bolstered its executive team with two new directors.

Mal McCallion joins flatfair as director of partnerships from Growtion, a strategic consulting firm focussed on the proptech sector. In 20 years in the property industry, he has been involved in the launches of both Zoopla and Primelocation, as well as spending time working with Australia’s REA Group and of the Netherlands.

McCallion will be responsible for flatfair’s business development and account management functions, helping to provide the best possible service for flatfair’s letting agent and landlord partners.

Simon Scott joins flatfair as director of corporate clients from Savills, where he was head of region for West and South West London lettings. Scott headed up 16 offices, and was also chair of Savills’ residential lettings operations board. Prior to Savills, he was a director at Jacksons Estate Agents for 17 years, helping the agency expand from one to 12 offices and build a portfolio of over 2,000 let and managed units before its acquisition by Dexters.

At flatfair, Scott will be using his extensive experience of the lettings process to help build a better product for letting agents across the UK.

flatfair’s payment technology solution offers a safer and more streamlined approach to protecting landlords and tenants than other solutions in the market.

flatfair charges a small one-off membership fee per tenancy, equivalent to one week’s rent (+VAT), and uses its open banking technology to enable tenants to instantly secure their home with just their debit card, making the process similar to checking into a hotel. This helps tenants move into a property faster, whilst removing the strain of having to pay a hefty deposit.

Tenants can also build up a rental passport profile showcasing their track record to future landlords through flatfair membership, helping to further enhance positive behaviour on both sides.

Landlords also benefit from flatfair’s unrivalled protection of up to 12-weeks’ rent, as well as fewer void periods between tenancies.

Franz Doerr, founder and CEO of flatfair, said: “I’m delighted to welcome both Simon and Mal to flatfair. Their decades of experience in the real estate sector will help us to both improve our existing partnerships, and to establish new and exciting business opportunities across the sector.

flatfair are committed to revolutionising the rental experience, and these new hires form a key part of the next stage in our development. Mal and Simon share our vision of removing the burden of rental deposits from millions of renters across the UK and creating a fairer and more transparent system for all involved.”

Mal McCallion, director of partnerships at flatfair, said: “It’s a hugely exciting time to be joining flatfair, and to work to reimagine the rental sector. The traditional deposit system clogs the arteries of the lettings’ market, to the detriment of agents, landlords and tenants. flatfair maximises the benefits for everyone with accessible, cutting edge technology that finally brings renting into the 21st Century.”

Simon Scott, director of corporate clients at flatfair, said: “With flatfair’s deposit alternative, properties can be let faster, red tape can be reduced, and the relationship between tenants and landlords can be transformed. I can’t wait to get started and help make renting even better.”

Author: Yash Hirani

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