A private sector landlord may ask you for a deposit or bond (usually one months rent) to cover any unpaid rent or the cost of any damage which may be caused during the tenancy. This bond must be protected in a government-authorised tenancy deposit scheme. If everything is satisfactory at the end of the tenancy, then the bond must be returned.
If you do not have enough money for a bond, you may be able to receive help from our bond scheme. Our bond scheme involves a guarantee in lieu of a bond to a landlord or letting agent to enable applicants on our waiting list who are homeless, or threatened with homelessness, to obtain private rented accommodation within the East Riding of Yorkshire. We do not give cash bonds. Demand for this scheme is very high and guarantees are limited, availability is therefore subject to funding and qualifying criteria.
If you need a cash bond you may be eligible for a loan from Hull and East Yorkshire Credit Union, subject to terms and conditions. For further information contact them on (01482) 778753.
If you are eligible to register on our waiting list and are homeless, or threatened with homelessness, you can find out whether you would be eligible to apply for the bond scheme by completing the bond scheme eligibility enquiry form online (opens in new window). We will let you know whether you are eligible to apply or not. If you are eligible we will also send you a bond scheme application form.
Many landlords ask for a bond and rent in advance. In certain circumstances we may be able to offer help with rent in advance.
To find out more please contact the Welfare Assistance Team on (01482) 394799.