Moving Tenancy into Open Rent

I have a tenancy (outside of Open Rent) that is ending next month and is managed by a letting agent. I wanted to end that agreement when the current contract expires and create a new contract via Open Rent.

My question is on the deposit which they currently have on the property, which was submitted to a scheme by the letting agent, can this be transferred or is it best / easier to just get this refunded and get the tenant to lodge a new deposit via Open Rent when they go through the Rent Now process? Thanks

It’ll have to repaid via Openrent, as will the holding deposit.

Who will be managing the tenancy? Openrent doesnt offer full management.