More protection. Less hassle.
Reposit is an alternative to cash deposits that gives you more protection with less hassle.
Join an army of happier landlords getting 8 weeks’ worth of cover on their rental properties.
Benefits
Benefits
- 60% more cover than a cash deposit: Cash deposits are capped at 5 weeks’ rent. Reposit gives you 8 weeks’ worth of cover, 60% more protection.
- Rent faster, reduce voids: Void periods cost UK landlords over £3bn a year. Properties advertised with a ‘deposit free option’ will typically let quicker.
- FCA Authorised and FSCS protected: Reposit is FCA authorised and FSCS protected. Our product is underwritten by a leading insurer. That’s why we are trusted by the best in the business.
How Reposit works for landlords
Tenant chooses Reposit
Once your new tenant has opted for Reposit. You or your agent will create the Reposit on our platform.
Tenant pays the Reposit fee
The tenant will be sent a link to sign up and pay their Reposit fee.
You are protected for 8 weeks' rent
Once your tenant has paid, the Reposit is activated and you will be protected for 8 weeks’ worth of rent.
Get paid at the end of tenancy
If the tenancy ends with charges due for cleaning, damages or rent arrears, you or your agent will simply register these charges with Reposit along with the tenancy documents and supporting evidence. We will notify the tenant, collect the funds and pay them to you.
In case the tenant defaults, your Reposit cover will make sure you are paid for up to 8 weeks’ rent.
Landlord FAQs
Note that should reposit not be eligible that tenants would be required to pay the 5 weeks capped traditional deposit held and protected by the dps or my deposits.
Letting Agent Growth Unveiled: Strategies, Tactics, and How Agents Can Maximise Their Opportunities with Suttons Estate Agents
Reposit’s Gurman Bains is joined by Melissa Austin & Meg Sutton of Suttons Estate Agents, where they reveal how a change in mindset has helped them to drive growth over the past 18 months. From embracing new technology and better valuing their time, to finding a community of likeminded professionals for support, the two guests reveal the tactical actions they’ve taken to drive revenue and efficiency in their agency.