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Student Lets,
Sorted.

Reposit knows student agents, which is why we tailor our product so it works around you.

With Reposit, tenants pay a fee of just one week’s rent* whilst landlords receive 8 weeks of insurance-backed cover.

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Find Out How Reposit Can Accelerate Your Student Agency

Students love Reposit

Students move fast with Reposit. Our average fee is £246 – split between all tenants – and 60% choose us when given the option over tenancy deposits.

Earn fully compliant commission

Earn commission every time a tenant chooses Reposit. Leading agents generate up to £15k per branch in additional revenue.

Faster disputes and payouts

Whilst the dispute rate for Reposit is low, our process is fast. Independent adjudicators settle disputes in just 14 days and landlords receive their Reposit payouts in less than 20 days.

Win & Retain More Landlords

Stand out in a crowded market by giving your landlords access to 8 weeks’ worth of cover, absolutely free.

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Relevant referencing for students

We know students can’t be referenced the same way as other tenants, which is why we’ve adjusted our eligibility criteria to consider guarantors instead for student tenancies.

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Extended timeframes for checkouts

We’ve extended the amount of time that student partners have to register any charges at the end of tenancy. With lots of tenants moving in and out at the same time, we know it’s a hectic time for partners, which is why we give them longer to submit their charges.

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Extra cover for higher rents

Some student tenancies come with higher rents – which is why we can extend our cover limit to £10k.

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Download Your Deposit Alternative Guide

Understand how deposit alternatives differ from cash schemes and how they can help agents, landlords & tenants alike.

Calculate what Reposit is worth to your business with our value calculator.

Remember there's no cost to using Reposit, so the value goes straight to the bottom line as pure profit.

Our estimate is based on the usual Reposit opt-in rate, average Reposit and commission values as well as average salaries and hours saved with agents that use Reposit. You can also get a personalised estimate.

Calculator

Estimated number of Reposits:

Estimated Commission Earned: £

Estimated Operational Time Value Saved: £

Estimated Total Value: £

How Reposit works for agents

1

Promote Reposit to attract more students!

Use our ready made marketing materials to promote Reposit on your website and online listings, in your branch, and during viewings. Offering a deposit free option will help to boost demand and convert tenants.
2

Give students a choice

Make sure every student is offered the choice to rent deposit free, with Reposit.
3

Create the Reposit

Once a student has chosen Reposit, you will create the Reposit on our platform. It's easy to use and you'll be done in a matter of minutes. Better still, if you use one of the CRM or referencing tools that we are integrated with, this will be done automatically.
4

Your tenants sign up

Reposit will then send your students a link to sign up and pay. Once they have paid the Reposit fee of 1 week's rent* (split between all students) the Reposit will be active and the landlord protected for 8 weeks' rent.
5

Earn a Reposit referral fee

Reposit will pay you commission for each Reposit sold. This new revenue stream is fully compliant with the Tenant Fees Act. Agents have generated up to £15k per branch!
6

Register end of tenancy charges

If the tenancy ends with charges due for cleaning, damages or rent arrears, simply register these charges with Reposit along with the tenancy documents and supporting evidence. We will notify the student(s), collect the funds and pay them to you. In case the tenant defaults, the Reposit cover will make sure all amounts are settled, up to 8 weeks' rent.

Read more about why agents love Reposit.

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Agents love Reposit

“Reposit is an ideal deposit alternative with a very easy portal that tracks all your Reposit's and claims. All information is clear to see and there is lots of helpful information that tenants and agents can access at all times. If you are ever stuck they have an online chat system which is easy to use and the reply times are very fast with clear advice. We recommend Reposit to all of our landlords and all who have used it have been happy with the service.”

GeorgiaLife by Ringley

“Tenants are able to pay a more affordable fee which helps them move into the property much quicker than before when they had to find a larger amount of money for a deposit. Our landlords love as it means they aren’t waiting around for as long with an empty property.”

Joe FirthWhitegates Keighly

“Reposit is the first deposit replacement scheme that we have used, we have received such a fantastic response from our tenants opting to use this product and our landlords are very happy with the protection this has been providing them. The team at Reposit are a pleasure to work with, they are always on hand to help with any queries. Our dedicated Account Manager always goes above and beyond for us. We are very happy and would recommend Reposit to anyone.”

LornaX1 Lettings

“Bishop Sullivan have been working with Reposit since August 2018. We have set up plenty of Reposits in this time and are happy with both the set up and close down process. In fact recently we had deductions agreed quickly with an end of Tenancy, which under the TDS would almost certainly have ended up as a lengthy and time wasting dispute.”

Julian BishopBishop Sullivan

“After being slightly sceptical about how the end-of-tenancy process would work with a deposit alternative, I was pleasantly surprised to see how straight-forward it was with Reposit. The insurer paid out in full and everything worked in a similar way to a traditional deposit, except the payout was much faster.”

Katrina EvansMartin & Co

“Reposit for us is the best viable alternative to deposits. It has saved us time and helped us rent properties faster.”

Jonathan ParkerPattinsons

Frequently asked questions.

What's your student referencing criteria?

Where tenants named on the tenancy agreement are all students, our standard referencing criteria does not apply. Instead, you may conduct or obtain a reference check on their Guarantor that evaluated the Guarantor’s:

  • Identity: To verify their genuine identity; and either
  • Credit history: To demonstrate they do not have adverse credit such as an unsatisfied CCJ, IVA or bankruptcy; or
  • Income and affordability: To show their annual income is not less than 30x the monthly rent.

To benefit from this exception, you will need to provide evidence that all tenants named on the tenancy are students. Such evidence can include.:

  • Communication from the relevant council that they have exempted the property from council tax
  • A council tax bill stating that the tenancy is exempt
  • A certificate of student status from each tenant
  • A student ID card from each tenant.

Important Note: Reposit reserves the right to request evidence that a reference check has been carried out, and that the Tenant and/or the Guarantor has met the criteria. Failure to comply with the above obligations will result in the Reposit cover being void.

How is Reposit different from other deposit alternatives?

At 8 weeks’ rent, Reposit offers the most cover for landlords whilst being great value for tenants. This helps you to attract landlords and let properties faster.

We are FCA regulated and partnered with a leading insurance underwriter, giving you peace of mind that you will be working with a trusted partner.

There are plenty more reasons why Reposit is the best option on the market. If you are interested to learn more, book a demo. We’ll be happy to chat.

How long do student partners have to raise charges?

The usual submission deadline for raising charges is 24 days from the Reposit end date or checkout date (whichever comes first) – however, for student tenancies we’ve extended this to 30 days.

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