WHAT IS OUR NO DEPOSIT OPTION?
John Shepherd has partnered with Reposit to bring you a no deposit option
when letting your property with us.
Through Reposit we are able to bring you an alternative to the traditional
deposit saving your Tenants money and time which means your
properties attract more potential Tenants.
WHAT DO I HAVE TO DO?
Tenants are interested in your
John Shepherd will refer these
tenants to Reposit
Tenants pay a non-refundable
fee of one week’s rent
You are covered by insurance
for up to 8 week’s rent
HOW DOES IT WORK?
Reposit is not a deposit. Tenants referred through Reposit pay a
service charge equal to one weeks worth of rent to allow them
not to pay a deposit and for you, the Landlord to be added to
the Reposit Insurance Policy.
Reposit covers the Landlord for up to eight week’s of damages or
rent arrears if a tenant defaults on fair payment. Your Tenants
are still liable for any damages or breaches of the tenancy
agreement and pays for these at the end of the tenancy, just like
with a deposit.
Reposit helps your property stand out in a crowded market and
lets Tenants move in faster, rather than waiting to have a large
lump sum available. This means your property won’t stay empty
HOW WILL A TENANT KNOW THAT A PROPERTY IS ELIGIBLE?
When a Tenant is looking for their ideal property they’ll be able
to see the Reposit sticker on your property images such as the
one shown on this property.
This sticker shows that your property is available with the No
Deposit Option and you have agreed to let your property using
the Reposit Service.
If you have any questions.