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What is Reposit?
Who is eligible to use Reposit and what is the criteria?
Who is eligible to use Reposit and what is the criteria?
Updated over a week ago

A tenant who has successfully passed referencing conducted by a third-party referencing company through their letting agent or landlord is eligible to use Reposit for their tenancy.

The referencing checks must at a minimum cover the following:

  • Credit history check: Includes but is not limited to evidence of adverse credit histories such as CCJs, IVAs or bankruptcy.

  • Identity verification: A valid form of identification, such as a passport or driver's licence associated with the tenant to confirm their identity.

  • Affordability check: To show the tenant’s salary is not less than 30x the monthly rent.

If a tenant fails the required references as listed above, they may still use Reposit using one of two options:

  • The tenant may use a UK-based guarantor who meets all the above criteria.

  • The tenant can pay six months of rent in advance.

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