Reposit

Reposit sits in the same deposit-replacement space as flatfair and Zero Deposit: eight weeks of landlord cover against a five-week cash deposit cap, funded by an underwritten insurance product rather than the tenant’s own held funds.

How It Works

The tenant pays an upfront fee of one week’s rent, with a minimum of £150, in place of a five-week deposit. That fee is not refundable at the end of the tenancy — as with any deposit alternative, it buys reduced move-in cost, not a return of the money. Landlords pay no fee for the protection, and agents earn a commission on each placement, which is the distribution incentive.

Position

Reposit is FCA authorised (FRN 844985), reflecting that the protection is an insurance product rather than a held cash sum. It states it is trusted by major UK letting agent groups including Belvoir and Northwood, and it also serves build-to-rent operators directly, rather than only independent agencies.

Against flatfair and Zero Deposit, the eight-week protection figure sits in the middle of this directory’s three deposit-alternative listings — more cover than Zero Deposit’s six weeks, less than flatfair’s ten — which makes the tenant fee and the distribution model (insurance-backed, commission to agents) the more useful points of comparison than protection length alone.