{
Gurman Bains

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001122334455554433221100
001122334455554433221100

lloyds banking group introduces deposit alternative for renters in build to rent sector

Lloyds Banking Group's Build To Rent division is partnering with Reposit to offer renters a deposit alternative for over 5,000 properties. Instead of a traditional five-week cash deposit, residents can pay a non-refundable fee equivalent to one week’s rent, enhancing flexibility and accessibility in the rental market. This FCA-regulated solution aims to reduce administrative burdens and improve occupancy rates for operators while benefiting residents.
Letting Agent Today
British Pound Sterling Lloyds Banking Group plc GBR Gurman Bains
Business & Industry, Press Release
01:04 20.03.2025
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