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Rent Deposit Scheme

Last Modified January 22, 2013
 

We operate a Rent Deposit Scheme to help certain individuals get access to the private rented sector.

It is available to people who we have a legal duty to help and who would otherwise be denied access because they can't afford a deposit. The main aim is to help prevent homelessness throughout the borough.

We do this by:

  • Providing a guaranteed deposit equivalent to two months\' rent
  • Allowing the deposit to be used to cover any damage and/or rent arrears
  • Providing ongoing support to both parties throughout the tenancy, where appropriate (in conjunction with our tenancy liaison officer)
  • Referring tenants to private landlords without charging any fees.

 

The scheme does not pay anything at the start of the tenancy, or during the tenancy, towards the rent, but tenants may be eligible for help towards rent payments through housing benefit. We don't manage the property or tenancy, but can advise landlords on how to do this effectively.

If you would like more information on the scheme, or would like to offer your rental property to the scheme, call us on 020 8207 7569.

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