Renters Right Act gives boost for deposit replacements

Renters Right Act gives boost for deposit replacements


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Reposit

Deposit alternative supplier Reposit says it’s enjoyed a standout first half of 2026, achieving record growth – largely thanks to the Renters Rights Act.

Chief executive Ben Grech says: “As the Renters’ Rights Act takes effect, the industry is placing even greater emphasis on creating a better renting experience for everyone involved. At the same time, landlords and agents want solutions that help manage risk, giving them the confidence and enhanced protection they need to navigate an evolving regulatory landscape.’

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The company’s sales overall increased by 58% compared with the first half of 2025, while Build To Rent more than doubled with sales rising 103% year-on-year. 

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The business also welcomed more than 195 new agent partners, reflecting increasing adoption of deposit solutions across the private rented sector.

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The company was appointed Goodlord’s exclusive deposit replacement partner in May after earlier joining forces with mydeposits. 

It also launched a new integration with Let Alliance & HomeLet’s Vision+, one of the UK’s largest tenant referencing and tenancy management platforms.

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