WHAT IS OUR NO DEPOSIT OPTION?
John Shepherd has 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 John Shepherd.
WHAT DO I HAVE TO DO?
Find your ideal rental property
John Shepherd will refer you to Reposit
You pay one week’s rent as a fee to Reposit
If there are any damages you pay for them at the end of the tenancy
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. If the arbiter rules wholly in favour of the Landlord a £120.00 admin charge will be added to the balance you owe.
Find out more by reading the leaflet, just click on the arrows to navigate!
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.
Have any questions or concerns?