Editor's note: This brief was summarised by The Property AI Newsroom from a report by Letting Agent Today. Read the original article for full details. Many UK teams now handle this with dedicated property inventory software.
Goodlord Names Reposit as Exclusive Deposit Replacement Partner
Goodlord has selected Reposit as its exclusive partner for deposit replacements, according to a report by Letting Agent Today. The two companies have worked together since 2021.
Under the new agreement, Reposit will become the exclusive integrated tenancy security solution on the Goodlord platform. This arrangement provides landlords with up to 60% more cover than a traditional deposit. For tenants, the partnership offers a more affordable alternative, allowing them to pay a non-refundable fee equivalent to one week’s rent instead of the standard five weeks’ deposit.
This development is relevant for UK letting agents and inventory clerks who use the Goodlord platform, as it changes the available options for tenancy deposit replacements and may impact the way tenancy security is managed.
Source: Letting Agent Today