Deposit alternative platform Reposit is set to expand its reach across the UK rental market following strategic agreements with two major Build-to-Rent (BTR) operators, ila and Bricklane.
The partnerships will see the FCA-regulated deposit replacement product made available to residents at 12 BTR developments nationwide, encompassing over 3,500 homes.
Under the new agreements, ila will roll out Reposit’s product across eight schemes in London, Birmingham, Manchester, Sheffield and Liverpool.
Meanwhile, Bricklane will offer the solution at four of its sites across the South and South West of England.
EASE FINANCIAL BURDEN
Reposit allows renters to forgo the traditional five-week cash deposit in favour of a one-off, non-refundable fee equivalent to one week’s rent. The move is designed to ease the financial burden on tenants at the start of a tenancy – an increasingly critical consideration as affordability pressures continue to shape the UK rental landscape.
In parallel, landlords and operators stand to benefit from enhanced protection and operational efficiencies. Reposit’s model provides up to eight weeks’ cover for damages and arrears—three more than standard tenancy deposit schemes – while significantly reducing administration time and compliance risks.
Gurman Bains, Sales Team Lead at Reposit, says: “This is a milestone moment for Reposit as we continue to build momentum in the BTR and single-family housing sectors.
“Operators are increasingly turning to our solution as a way to accelerate leasing, improve resident experience and streamline compliance.
“The combination of tenant affordability and operator protection is a win-win in today’s market.”
GREATER FLEXIBILITY
Jalal Ahmed, Head of Portfolio Management at Bricklane, adds: “We’re focused on delivering a best-in-class rental experience.
“Reposit’s product gives residents greater flexibility while supporting our mission to make renting more convenient and equitable.
“It’s an important step forward in improving the end-to-end rental journey.”
The announcement builds on Reposit’s recent agreement with Lomond Investment Management and Touchstone Corporate Property Services, enabling access to the Lloyds Living portfolio, which spans more than 5,000 rental homes across the UK.
As institutional investment continues to reshape the UK rental sector, deposit alternatives like Reposit are becoming a key component in operators’ toolkits – providing a modern, renter-friendly solution in a market increasingly defined by experience, flexibility and speed.
