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 forms
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. 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 when you move to give them an instant view of your rental history and financial suitability. 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 from a traditional cash deposit to a DepositFree™ insurance policy. It’s one-off premium that protects your landlord for eight weeks instead of five weeks deposit. 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. On average, 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.
Minor bug fixes and tweaks to make your Canopy experience that little bit sweeter. Enjoy!
Ratings and ReviewsSee All
Waste of time and I was VERY patient!
Thought this app would be a really great idea. Seems to be built relatively well and looks professional but when it comes down to it, the core function of rent tracking via Open Banking simply doesn’t work! Judging by the other reviews on here I’m not even going to try manual tracking. I waited for the best part of 6 months for an update that would fix this and still no fix. I’m going to give it a few more months and then I’ll be deleting. Not willing to waste any more time waiting for it to work. Shame really...
Doesn’t connect to Lloyd’s bank
First they upgraded the app so I had to create new profile... again!!! Because of that all my details and verification is lost. Then connection to Lloyd’s bank is a “known problem” and they advise you.. do it manually... still waiting for verification as they don’t work weekends.
I’ve been trying to connect my open banking account for two months now, also sent a support request to no avail. Doesn’t work, I’m afraid it’s just a scam collecting user data and selling them to google
- Insurestreet Ltd
- 28.6 MB
Requires iOS 9.0 or later. Compatible with iPhone, iPad and iPod touch.
- Age Rating
- Unrestricted Web Access
- © Berners St, Fitzrovia, London
Up to six family members will be able to use this app with Family Sharing enabled.