A Smarter Alternative to Deposits

Posted on: 22 March 2021

Deposit Replacement with Lettings Hub
More Flexibility for Tenants. Greater Protection for Landlords.

At CGT Lettings, we’re committed to modernising the renting experience—making it more accessible for tenants while ensuring landlords remain fully protected. That’s why we’re proud to offer the Lettings Hub Deposit Replacement scheme as a smarter alternative to traditional deposits.

Instead of paying a large lump-sum deposit, tenants pay a smaller, non-refundable fee, making moving in more affordable. For landlords, the scheme provides enhanced cover—often exceeding the protection of a standard deposit.

For Landlords – Why Choose Deposit Replacement?

  • Greater protection: Landlords benefit from enhanced financial cover—typically equivalent to up to 7 weeks’ rent.

  • Attract more tenants: Lower upfront costs make your property more appealing in a competitive rental market.

  • Faster lets: With less financial barrier to entry, properties let faster and void periods are reduced.

  • Fully managed: All claims are handled quickly and professionally by Lettings Hub, giving you peace of mind.

For Tenants – Why It's a Smart Choice

  • Lower upfront cost: Avoid tying up thousands in a deposit—ideal for those moving quickly or managing cashflow.

  • Move in faster: The process is simpler and quicker than paying a traditional deposit.

  • Increased flexibility: Keep your savings for what matters most—furnishing your home, settling in, or saving for the future.

Trusted, Transparent, and Fully Regulated

The Lettings Hub is a regulated provider with a strong reputation for delivering fair and transparent services to tenants and landlords alike. All policies are underwritten and offer full claims support where needed.

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