Reposit
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Rental market
Surge in number of tenants borrowing money to raise a deposit
The rise in rental costs has forced the average five-week cash deposit up to £1,256 – a lump sum many tenants struggle to find.
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Rental market
Rent arrears climb 24% year on year as tenants struggle
The trend is not helped by the cost of rent which has outpaced salary growth by 5.2% over the past 10 years, leaving renters significantly worse-off today than they were a decade ago, says Reposit.
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Latest property news
Big estate agency trio embrace deposit alternative
Ben Grech of Reposit announces deals with three agencies, including Symonds & Sampson, as the firm enjoys a big increase in sales.
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Features
Safe as houses
Tenant deposits used to be pretty straightforward –looking after a pile of cash – but these days there is a lot more to it, as Charlotte Flake explains.
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Housing Market
Don’t believe the naysayers. Tenants who ‘zero deposit’ are better off in the long run
Tenants who choose alternative deposit schemes are more likely to fall into arrears? Reposit boss Ben Grech says that just doesn’t stack up.
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Latest property news
Minister warns letting agents over ‘zero deposit’ selling tactics
Felicity Buchan says her department is keeping a watch to ensure agents do not use deposit alternative products as carrots to secure rentals.
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Features
The deposit dilemma
The cost-of-living crisis is likely to accelerate the move towards deposit-replacement schemes. Richard Reed looks at some of the options on offer.
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Latest property news
UPDATE: Alternative deposits chiefs clash over ‘lifetime deposits’ claims
Ben Grech of Reposit says he believes products launched recently by some competitors are just a 'marketing stunt'.
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Latest property news
The Lettings Hub integrates with deposit alternative
Proptech supplier, The Lettings Hub, has integrated their free tenancy progression platform, BOX and market leading deposit alternative, Reposit...
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Features
Tenancy deposits – no cash required?
For so long the message has been ‘take the cash deposit, secure the cash deposit’ but Lisa Isaacs asks if we’re on the cusp of an alternative mainstream approach.
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