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What is Reposit?

Reposit provides landlords with coverage that is equivalent to eight weeks of rent, representing a 60% increase over traditional cash deposits, thus offering the most thorough protection available among current deposit alternatives. The service comes with an initial fee of only one week's rent, without any added VAT or minimum charges, which makes it more appealing to tenants and accelerates the rental process. As a service authorized by the FCA and protected by the FSCS, Reposit is backed by a well-respected insurance provider, earning the trust of key industry professionals. Our mission at Reposit is to revolutionize the rental market by offering a simple and transparent solution that benefits landlords, letting agents, and tenants alike. Moreover, every time a tenant selects Reposit, you have the opportunity to earn a commission, which adds further value for all parties. The focus on enhancing the rental experience is what truly distinguishes us from competitors in the industry. By prioritizing these features, we aim to create a win-win scenario for everyone involved in the rental process.

What is ClearNow?

ClearNow is a digital service aimed at simplifying the rent payment process for landlords, property management companies, and tenants. Established in 2000, it has made the collection of rent more efficient and straightforward. Landlords using ClearNow can conveniently manage their rental income and expenses directly through their accounts without facing additional costs. The platform includes an income and expense tracking tool that aids in property management and produces valuable reports for tax-related needs. Property management firms that adopt ClearNow for electronic rent collection gain from a direct deposit feature that allows rental payments to be transferred directly to property owners' bank accounts, significantly reducing the workload for managers when it comes to disbursing funds. Consequently, property owners benefit from receiving their payments faster. Moreover, tenants who utilize ClearNow for their rent payments can have their payment history reported to the Experian credit bureau, which can assist them in building a credit history. This important feature not only improves tenants' financial opportunities but also encourages timely rent payments, fostering a better relationship between landlords and tenants.

Media

Media

Integrations Supported

Goodlord
Lofti

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

Reposit

Date Founded

2015

Company Location

United Kingdom

Company Website

reposit.co.uk

Company Facts

Organization Name

ClearNow

Date Founded

2000

Company Location

United States

Company Website

www.clearnow.com

Categories and Features

Categories and Features

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