Guarantee System in Delft
In Delft, the Waarborgfonds has offered affordable guarantees since 2015 as an alternative to the cash deposit, ideal for students and starters in neighborhoods such as the city center or TU campus (max. €650 one-time). Fully covered by the fund, without interest for Delft landlords.
Bank Guarantee for Delft Rental Properties
As a tenant in Delft, you can arrange a bank guarantee up to 1-3 months' rent, fitting local rates around €1,200-€1,800. Costs are 1-2% per year. In case of default, the landlord claims directly from the bank, without hassle via the court in The Hague.
Advantages and Disadvantages Specific to Delft
| Option | Advantages in Delft | Disadvantages |
|---|---|---|
| Deposit | Simple and known to local real estate agents | Tied-up capital, expensive for students |
| Guarantee System | Low rate, quickly arranged via Delft student housing | Limited administration |
| Bank Guarantee | No cash tied up, flexible for expats at Technopolis | Annual costs |
Legal Equivalence in Dutch Tenancy Law
Article 7:249 of the Dutch Civil Code recognizes guarantee systems and bank guarantees as equivalent to the deposit. In Delft, the choice lies with the tenant, but always check the local tenancy agreement with the Huurcommissie or TU Delft welfare services.