Reposit is a tenancy deposit alternative. Tenant’s pay a one week non-refundable service charge to Reposit to provide Landlord’s eight weeks of end of tenancy protection.

But how can we offer Tenant’s such a cost effective solution whilst providing the same level of security to Landlords?

When you pay your service charge, equal to just one weeks rent, we add your Landlord as a beneficiary to our insurance policy underwritten by Canopius, a global Lloyd’s of London Syndicate.

Just as you do now, you remain liable for any unreasonable damage or rent arrears at end of tenancy, but our insurance means that if a tenant defaults on fair payment at end of tenancy, our insurance will pay the Landlord. If a tenant does not reimburse fair monies, Reposit reserve the right to pursue this further and affect the tenant’s credit ratings.