Centurion: Alternative Deposit Scheme

Centurion has developed an Alternative Deposit Scheme that removes the initial large deposit normally required for renting. The Centurion ADS provides twice the coverage (equivalent of 10 weeks rent) for landlords whilst significantly reducing the costs to tenants (starting from as little as £120). The offering is insurance backed for extra peace of mind of all concerned.

10 weeks' cover

The Centurion ADS offers the equivalent of 10 weeks’ cover, this is double the amount of cover that a traditional deposit offers. The cover can be used for any matter that the tenant is liable for under the tenancy agreement.

Low fixed rates

Centurion believes that renting should be affordable for all, the fees are fixed for the term of the tenancy and based on the initial monthly rental value. The fee can be paid be wither the landlord or tenant, it can also be collected by the agent or paid direct to Centurion. There is also the option to pay monthly, this is only available via agent applications.

Simple claims and fast settlement

Centurion recognises that landlords need a simple claims process with fast settlement, we will make payment to landlords within 2 working days. This ensures that landlords are not waiting months for amounts that are rightfully due to them.

Unmatched peace of mind

Centurions ADS is insurance backed, whereby should Centurion cease to trade or stop offering the product then a third party insurance company will step in and settle any amounts owing to landlords. This provides greater security and peace of mind to all.

Landlords want the best of both worlds and greater protection?

Centurion also offers a landlord extended guarantee that allows landlords to purchase additional cover for missed rent or damage to property. This can be taken out in addition to a normal deposit / alternative deposit scheme, extending even further the cover to landlords.

Offer to members

Sign up to Centurion through Propertymark and we will offer enhanced commission for the first 6 months.


← Return to listing

Share this page: