Tenant Shop, a utilities and comparison platform, has teamed up with tenancy deposit alternative, Reposit, to offer a better product for agents.
Tenant Shop’s proptech platform SULU offers a range of services to agents, landlords and tenants already, but with Reposit, letting agents and their clients will be able to use Reposit via direct introduction from Tenant Shop or coupled with referencing via a referencing partner.
With Reposit tenants pay the equivalent of one week’s rent as a service fee, which adds the landlord to a group insurance policy.
Tenant Shop says this policy covers a landlord for everything that the traditional lump sum would have covered.
“This is a key addition for us as more and more tenants look for a new way to rent property without the hassle of a deposit. We are delighted to offer it to landlords and tenants through our existing and new letting agent partners” explains Glenn Seddington, Tenant Shop’s managing director.
Read more here
Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.