Private renting deposit and bond scheme
Our bond scheme helps tenants to rent private accommodation without having to raise cash for a deposit. The scheme is primarily for people who have a priority need for housing.
To join the bond scheme you must show that:
- You have no other way to pay your deposit
- You are financially responsible and will adhere to your tenancy agreement
The private renting deposit scheme lets tenants find a property without having to raise cash for a deposit. If you register your property with the scheme, we will help you to find tenants whose background and ability to pay have been checked. If your property is let to a tenant on the scheme, you will receive a bond from us covering any damages to the value of two months' rent. This bond can be claimed at the end of the tenancy. We will also pay the first month's rent.
Our free services to landlords on the scheme include:
- Free inventories and photographs of your property
- Support and advice by telephone and online, including a named contact on our social lettings team