Editor's note: This brief was summarised by The Property AI Newsroom from a report by PropertyWire. Read the original article for full details.
Reposit Reports 58% Sales Growth in H1 2026, Driven by Build-to-Rent Sector
Deposit replacement provider Reposit recorded a 58% increase in sales during the first half of 2026. The company’s growth was concentrated in the build-to-rent sector and supported by an expanding agent network.
Reposit reported that sales to the build-to-rent sector more than doubled compared to the first half of 2025, rising by 103%. During the same period, the company added over 195 new agent partners to its network.
Partnership Expansion
In the first half of 2026, Reposit announced several commercial partnerships. The firm became Goodlord’s exclusive deposit replacement partner in May. It also agreed a partnership with Mydeposits and launched an integration with Let Alliance and HomeLet’s Vision+ tenant referencing and tenancy management platform.
Product Model and Financial Figures
Reposit’s model charges tenants a non-refundable fee equivalent to one week’s rent instead of a traditional cash deposit. Tenants remain liable for any damage at the end of the tenancy, with disputes resolved through an independent resolution service within 14 days.
According to the company, Reposit provided more than £34 million of cover for landlords during the first six months of 2026, including over £12.5 million above the value of a traditional five-week tenancy deposit. The company stated that tenants using its service avoided more than £17.2 million in upfront moving costs during the period, with an average saving of £1,088 per tenancy.
Market Context
The growth in deposit replacement products comes as the rental sector faces increasing regulatory scrutiny. The build-to-rent sector’s adoption of alternative deposit models reflects broader changes in the lettings market. The expansion of agent partnerships suggests that lettings agencies are diversifying their service offerings in response to regulatory and market pressures.
The deposit replacement model reduces upfront costs for tenants while maintaining financial protection for landlords, though tenants remain liable for end-of-tenancy claims through the independent resolution process.
Source: PropertyWire