Reposit has entered into a new partnership with developer, contractor and operator, Legacie, expanding access to more flexible renting options across a portfolio of 3,500 homes.
Through this collaboration, residents at all Legacie developments will be able to choose between a traditional five-week cash deposit or Reposit’s alternative model.
Those selecting Reposit pay a non-refundable fee equivalent to one week’s rent, subject to standard referencing checks or a qualifying UK guarantor, rather than tying up a full five-week deposit upfront.
Founded in 2015 and based in the North West of England, Legacie delivers high-quality homes and amenities that regenerate underused spaces, creating sustainable communities for the long term, while professionally managing most of its portfolio to ensure lasting quality and value
REMOVING FINANCIAL BARRIERS
Reposit’s solution helps developers and build-to-rent operators attract residents by removing financial barriers and provides up to eight weeks’ cover for rent arrears or damages.
The platform also simplifies end-of-tenancy administration and reduces time spent on deposit management.
Zoe Murphy, Partnership Sales Associate at Reposit, says: “Partnering with Legacie further expands our reach within the sector.
As the appetite for secure and flexible deposit solutions grows, we’re helping operators deliver smoother, more efficient experiences for residents.”
ENHANCED EXPERIENCE
Charlotte O’Driscoll, Operations Director – Management & Lettings at Legacie, adds: “Enhancing the resident experience is at the heart of what we do.
“Partnering with Reposit helps us deliver on that commitment by offering residents a trusted, FCA-regulated alternative to large upfront deposits, while also giving landlords added cover and peace of mind through a secure, efficient tenancy process.”
