If the tenancy is eligible for a Switchover, you can create a Reposit and enter the Reposit ‘start date’ as the date that the interim report has been finalised and signed by the tenant(s).
Please note that the tenant(s) will need to pay for the Reposit for it to be active and to ensure the landlord is covered.
If the tenant(s) do not complete and pay for the Reposit, then the landlord will not be covered for any end of tenancy charges.
We advise that you do not return the tenant’s deposit until the Reposit has been fully paid for. This is to ensure cover is in place for the landlord during the transition.