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.
How do I know that a property is eligible?
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.
I find Michael Jones to be very friendly and helpful estate agency I have dealt with. Would absolutely recommend them.To Elise for giving me a second chance to view this beautiful flat and because of that now I have found my home.Big thanks… More to Lisa who has always responded to all our queries promptly and generally just been a delight to communicate with. She's professional and always happy to help.
Would highly recommend Michael Jones and Bacon in Lancing and in particular Gary Evans, who, after a prolonged and occasionally very challenging purchase remained calm, helpful and always optimistic about finding a solution to suit the… More vendor and myself. We got there in the end Gary and in no small part, that was down to you, thank you.
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Michael Jones & Company Ltd and Sussex Lettings Ltd Registered Office:Troy Mills Troy Road, Horsforth, Leeds, England, LS18 5GN. Company No. 03627931