Our new Rent Deposit Scheme is to help people on low incomes in housing need get accommodation in the private rented sector. If you urgently need housing, but don’t have the money for a deposit for a private rental property, we can help.
If you meet our conditions, we can pay the deposit to the landlord on your behalf. You agree to a savings plan to repay the money to us.
Anyone in work or receiving benefits can apply. To make sure you are able to repay us, we will carry out checks, including the affordability of the property, and check on your tenancy history including any rent arrears.
Landlords must be registered with us and transfer the deposit to one of the National Deposit Schemes. Do not sign a tenancy agreement or move into the property before we confirm you can take part in the scheme.
For further information about the scheme, check out our website.