A tenant swap occurs when an outgoing tenant is replaced by an incoming tenant during a tenancy.
There are two ways to swap tenants on Reposit:
1. Deed of Assignment (only possible in England and Wales):
Sign the deed of assignment with the outgoing and incoming tenants
No need to sign a new tenancy agreement or conduct a new inventory
Incoming tenant must agree in writing to the original inventory
Incoming tenant must pay a fee of £50 to be added to the Reposit
Note: An original tenant must remain named on the Reposit for a tenant swap to occur. The incoming tenant must have passed third-party referencing and completed all sign-up steps and pay their fee before moving in to ensure coverage for the landlord. There will be no coverage until the tenant has paid. As soon as the incoming tenant has been added to the Reposit and paid, they will become equally liable for any end-of-tenancy charges.
To proceed, please email Reposit (hello@reposit.co.uk) with the following:
The full property address as stated on the Reposit
The full name and email address of the incoming and outgoing tenants
2. Set up a new Reposit:
Check out the current Reposit and create a new tenancy and Reposit
Issue a new tenancy agreement, conduct a check-in inventory and carry out new referencing checks
Tenants must pay for the new Reposit
You need to raise charges against the outgoing tenant...
You can only submit charges through Reposit once the tenancy has ended, so in this circumstance you would need to follow option 2 above.
Checkout the Reposit and raise any end of tenancy charges as normal. It is not possible to raise charges against specific tenants on a Reposit, charges will be raised against the Reposit as a whole and the tenants can decide amongst themselves the portions in which they wish to settle the charges. However, this means that all tenants are equally responsible for the charges until they are paid in full, including those that are remaining in the tenancy.
Alternatively, you can settle any charges with the outgoing tenant off the Reposit platform when they leave mid-way through the tenancy.