Deposit alternative schemes grow beyond student lets — agents should check Tenant Fees Act, deposit protection and disclosure risks before launch
Lang Llewellyn & Co has partnered with Reposit across roughly 1,000 rental homes, offering eligible tenants a non-refundable fee of one week’s rent instead of a traditional five-week cash deposit. For London landlords and property teams, the key issue is not the marketing pitch but whether the product is genuinely optional, accurately described, documented properly and supported by clear landlord consent, data-sharing controls and workable claim routes.
