Do I still need to enter a tenancy end date when creating a Reposit?
Do I still need to enter a tenancy end date when creating a Reposit?
Reposit will no longer require a tenancy end date on the dashboard or via integrations with referencing providers where a tenancy is marked as periodic.
If your Reposit is not marked as periodic (for instance for PBSA providers) then an end date for the current term must be entered.
Do I still need to extend Reposits?
Do I still need to extend Reposits?
Reposits will run for a fixed term of 2 years from the tenancy's start date. Should the tenancy continue beyond the initial 2 year term, it should be extended.
There is no cost to extend a Reposit.
What if a tenancy ends within the original 2 year Reposit term?
What if a tenancy ends within the original 2 year Reposit term?
The Reposit should be checked out in the dashboard as soon as the tenant vacates, even if there are no charges to raise. Check Out can be actioned at any time.
Failure to check out a Reposit when the tenant vacates causes incorrect correspondence to be sent and charges to be collected from the tenant.
What end date do I enter when extending a Reposit?
What end date do I enter when extending a Reposit?
When extending a periodic Reposit you will no longer need a tenancy end date. When a Reposit is extended, it will be by a further 2 years.
The current Reposit end date matches the current tenancy end date, what should I do when the tenancy becomes periodic?
The current Reposit end date matches the current tenancy end date, what should I do when the tenancy becomes periodic?
There is nothing you need to do.
As all tenancies will become periodic as of the 1st May, prior to the Renters' rights Act coming in, Reposit will extend all active Reposits automatically to a 2 year term.
A tenant has given notice, do I need to make Reposit aware?
A tenant has given notice, do I need to make Reposit aware?
Active Reposits will have a prompt for the date the tenant has given you. Entering the date will allow Reposit to send you and the tenant intelligent reminders so that the Reposit can be checked out once the tenant has vacated.
Is Reposit's tenant swap process changing?
Is Reposit's tenant swap process changing?
The Renter's Rights Act means that a tenant serving notice will now bind all tenants and terminate the tenancy. This change means future tenant swaps are expected to primarily use new tenancy agreements, our tenant swap process is still applicable and will not be changed.
Reposit's tenant swap process is available here: Mid-Tenancy Change: Straight Tenant Swap