Agency enters partnership with deposit alternative service

Agency enters partnership with deposit alternative service


Todays other news


Reposit is the latest deposit alternative service to announce strategic partnerships with agencies – the latest signings are Symonds & Sampson, Bradley Hall, and Webbers.

The new partnerships also coincide with a 69 per cent increase in sales experienced by Reposit during December compared to the same period in 2022, the provider claims. 

Rachael James, head of lettings at Symonds & Sampson, says: “We are excited to partner with Reposit to enhance the rental experience for both landlords and tenants. Reposit’s deposit alternative fits with our goal to provide efficient, customer-focused solutions.”

Since partnering with Reposit, Symonds & Sampson has protected their landlords with over £96,000 in cover, including £36,000 of additional cover above what they would receive with a cash deposit.   

Ben Grech, chief executive of Reposit, adds: “These partnerships reflect a shared vision for efficiency and customer-centric solutions while offering a practical solution for agencies navigating the ever-changing rental landscape.”

Reposit claims its end-of-tenancy process saves agents approximately three hours in admin time per tenancy compared to the traditional deposit process. 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
To read some of the headlines in the trade press...
A prominent supplier is warning that measures announced in the...
Now is a great time for agents to go solo,...
Leaders Romans Group has snapped up another small independent....
A leading agent says there are renegotiations on prices of...
Reeves to slash Right To Buy discount on Wednesday...
Recommended for you
Latest Features
The regulation of Property Agents recommendations are back on the...
Black Brick says it's top rental search. bagged a London...
The owner's patch now covers a large swathe of Yorkshire...
Sponsored Content
Letting agencies face the dual challenge of keeping both landlords...
In an industry where compliance and client money handling are...
PropTech provider Reapit will announce the latest enhancement to its...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here