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The company says that overall sales rose by 37% compared to the same period in 2024, marking the firm’s strongest six-month performance to date. However, the company failed to provide actual figures. EYE has requested to see the figures.
Reposit says that the standout growth came from the BTR sector, where sales reportedly jumped 91% year-on-year – again no actual figures provided.
Over the period, Reposit says it expanded its agency partnerships, including a new agreement with London-based Martyn Gerrard, which operates 14 branches across the capital.
In the BTR space, the company adds that it secured several high-profile clients, including Lomond Investment Management and Touchstone Corporate Property Services, which represent the Lloyds Living portfolio – managing more than 5,000 rental homes across the UK.
Other key operators signed include ila and Bricklane, further cementing Reposit’s position as a major player in the deposit alternative market.
Ben Grech, CEO of Reposit said: “This accelerating momentum reflects strong and growing demand for our product from both the agency and BTR sectors. This is driven by our proven track record and competitive product, changes to the macro-economic context and the launch imminent implementation of the Renters’ Rights Bill.
“We’re proud to be setting the pace in a growing market as the leading deposit alternative supplier, and we’re on track to further expand our share in both agency and BTR sectors in the second half of the year.”
“Operators, landlords, and agents value our eight weeks’ cover particularly in today’s uncertain economic climate and as the Renters’ Reform Bill progresses. Solutions like Reposit also provide a fully compliant, revenue-generating service.” he added.
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#Reposit #reports #record
