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German guarantee fund covers about 1 million homes through master agreements with real estate company

German deposit fund covers about 1 million homes through master agreements with real estate companies from

Moneyfix ® reaches 5 percent deposit market share

Starnberg 22nd February 2011, the German deposit cash (DKK) is expanding its market leadership clearly. "Meanwhile, the six largest apartment managers in Germany and much of the top 30 real estate companies in DKK contract," says Ulrich T. Grabowski, CEO of German security community AG. has "From the 22 million apartments in Germany, we now have a" market share "of around 5% saved for DKK." In just one year, DKK-known companies won the real estate industry for deposit insurance. These include: property management including alt + kelber and Trust Real, also innovative real estate companies such as GAGFAH, but also the Bremer housing associations BBG and Bremen as well as many other regional societies. Of these partners, the DKK offer of new contracts, but also used for existing leases.

"With this result, we are our pioneering role. In addition, the rapidly rising demand shows us that we are on the right track, "said Grabowski. The realignment of the company since early 2010 are now paying off. The TV campaign was launched in the fall had increased its direct sales with a monthly double-digit growth significantly. "This successful advertising campaign we will continue in 2011 of," says Grabowski on. As required, the deposit insurance for consumers, shows a survey by the Institute for Allensbach from the fall of 2010. Accordingly, any third party wants an alternative to cash deposit. Another third of respondents would like to convert the already deposited security in a deposit insurance.

Advantageous Deposit Insurance
The alternative to cash deposit has advantages for all parties. The tenant saves the additional financial burdens on the move. He keeps his bail money to free and is not forced, but to exhaust the MRP. In addition, the deposit insurance no minimum term. For the landlord to reduce the administrative burden immensely, without having to give up collateral. The management of large housing stock is considerably simplified with the deposit insurance and bankruptcy-proof special account is not necessary.

Simple processing can
For Moneyfix ® shall deposit the tenant's request within a few minutes on the Internet or print out the application form and send it by fax. After an immediate credit check the tenant will normally be after a few minutes and receive an immediate confirmation after 24 hours, a surety bond. For this service he pays a premium of 5 percent of the bond amount per year and an account maintenance fee of 10 €. Additional nonrecurring charge a service fee of 50 €. Kick Damage case one gets, the landlord paid the deposit on first demand, depending on the amount of damages to the fullest extent. The tenant is then obligated to repay the sum of the corresponding German bond fund.

more information, visit the free Telephone number 0800 900 400 7 or visit www.kautionskasse.de


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The German deposit fund is a specialist in non-cash security deposits. The company, based in Starnberg and a team of 30 employees specializing in the mediation and settlement of deposit insurance. The German deposit insurance fund has developed a new security process which is unique in Germany is. The aim is to establish the Moneyfix deposit as a standard for security deposits. The German guarantee fund acts as a catalyst for tenants, landlords, brokers and associations, existing processes accelerated. The company cooperates with the insurer AIG Europe SA as a product provider.