How does it work?
Reposit is not a deposit. By purchasing a Reposit, you are paying a service charge equal to one weeks worth of rent to allow you not to pay a deposit and for your Landlord to be added to the Reposit insurance Policy.
At the end of your tenancy, your Landlord may claim on the Reposit. It is your right to either agree or dispute their claim and Reposit will act as an impartial mediation platform.
If you decide to dispute a claim, an independent arbiter will assess and award monies based on factual evidence presented both from the Landlord and Tenant.
Tenants are reminded that in order to dispute a claim they will need to pay a £60.00 upfront fee direct to Reposit. However, if your dispute is successful the £60.00 will be refunded to you.