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ARL welcomes new member: Reposit

Reposit enables BTR operators to provide a seamless tenant onboarding experience and lease units more quickly. With Reposit, residents pay a non-refundable fee of only one week’s rent instead of a traditional cash deposit. In turn, units are protected for up to 8 weeks rent with FCA-authorised and insurance-backed cover. Reposit’s platform makes the end of tenancy checkout experience completely seamless, with operators saving over an hour per tenancy, when compared to cash deposits. Furthermore, there’s no more waiting around for disputes to be resolved. Reposit’s adjudication process resolves disputes in just 14 days, with average payouts of less than 20 days.
 

Disclaimer:- This website provides general knowledge and is for information/educational purposes only. None of the information or accessible content on or via this site is intended to be comprehensive, nor does it constitute professional advice or recommendation(s). Specific professional advice should be sought before taking or refraining from any action. ARL carries no liability for any the content published on the website.