We’ve partnered with a company called Reposit who offer an alternative to paying a cash deposit. By using Reposit you can save a lot of money upfront as you will only need to pay the Reposit fee of 1 weeks rent instead of a cash deposit of 5 weeks rent. You can use the money for something you actually want. An added benefit of Reposit is fairer dispute resolution at the end of your tenancy. Government backed deposit schemes can take 8 weeks to resolve disputes, whilst keeping your cash locked up. With Reposit, you keep hold of your money and only pay for what you owe. Please note that just like a normal deposit, you are still liable for any valid, end of tenancy charges. The difference with Reposit is that you keep control of your cash and only pay these if they actually occur at the end of your tenancy, rather than paying at the start.
