Reposit

Moving into a new home can be expensive, and one of the biggest upfront costs is usually the deposit. That’s where Reposit can really help. Instead of paying a traditional cash deposit (often five weeks’ rent), Reposit allows you to move in by paying a much smaller, one-off fee — typically the equivalent of just one week’s rent. This can free up a significant amount of money at the start of your tenancy, leaving you with more cash for moving costs, furniture, or simply enjoying your new home.

Another big benefit of Reposit is what happens at the end of your tenancy. With a traditional deposit, you often have to wait for your money to be returned and may face deductions. With Reposit, there’s no deposit to wait for — you only pay for any genuine costs if they arise, such as cleaning, repairs, or outstanding rent. If nothing is owed, there’s nothing to pay. It’s a flexible, modern option that many tenants find simpler and less stressful.

If you’d like to explore this option further, see the download link for more details. You’re also very welcome to speak to your local Northwood office if you have any questions or would like to check whether Reposit is available for your tenancy — we’re always happy to help.