Reposit is the smart alternative to cash deposits.
With Reposit, tenants pay a non-refundable fee of one week’s rent, while landlords receive 8 weeks of cover - 60% more than a cash deposit - and letting agents save hours with our slick end-of-tenancy process and earn compliant commission with every Reposit sold.
With Reposit:
Letting agents win and retain more landlords by offering enhanced cover at a time when 5 weeks' cover becomes increasingly insufficient. 17% of tenancies end with claims higher than what would be covered with a 5-week cash deposit.Agents earn compliant commission on every Reposit sold. As Reposit is free to use, any commission is pure profit and goes straight to the bottom line. Leading agents can earn up to £15k per branch in annual commission.Our end-of-tenancy process saves letting agents over an hour per tenancy, compared to cash deposits. Furthermore, our average time to payout is less than 20 days, with disputes resolved by an independent adjudicator in just 14 days.Reposit offers the most robust protection on the market. Our 8 weeks' cover is insurance-backed and we’re authorised by the FCA with FSCS protection for complete peace of mind.Book your 30-minute demo today to find out how Reposit can accelerate your growth and streamline your end-of-tenancy operation.