Reposit is an alternative to the traditional deposit. Rather than the traditional method of paying a deposit, all we ask for is a service charge. This means you can move in faster without having to wait to receive your previous deposit back!
Normally, we would hold five weeks worth of rent as a deposit, but with Reposit you pay them a service charge equal to one week’s rent and that’s it, you’re in!
The whole process is really easy:
We have partnered with Reposit who are a tenancy deposit alternative company.
No action is required from you – every time we let one of your properties we will give the tenant the choice to pay a deposit or a smaller ‘Reposit Service Charge.’
If you would like a full breakdown of how the Reposit system works, please just get in touch with your account manager and they’ll send over the full t’s & c’s.