Michael Jones has partnered with reposit to bring you a no deposit option when renting your next home.
We have partnered with Reposit to bring you a no deposit option when renting your next home.
Through Reposit, we are able to bring you an alternative to the traditional deposit which means you save time, save money and pay less when you move to your next home through Brand Vaughan.
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 end of 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.
Reposit Group Limited (t/a Reposit) is authorised and regulated by the Financial Conduct Authority, reference number 844985. Reposit Group Limited is registered in England and Wales company number 09581330.
Registered office at 37 Cremer Street, London, E2 8HD. The insurer is Lloyd’s Syndicate 4444, which is managed by Canopius Managing Agents Limited.
Canopius Managing Agents Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference: 204847.
When you’re looking for your ideal property keep an eye out for the sticker such as the one shown on this property. This sticker shows the property is available with our No Deposit Option and the Landlord has agreed to let their property using the Reposit Service.
