The Rent Deposit Scheme has been set up to help those who may be struggling to secure a cash deposit for private tenancy.
The scheme is aimed at those who want to live in private tenancy but cannot raise the cash deposit. Instead the scheme provides the landlord with a written guarantee in place of the deposit that ensures that any damage to the property, or any missed payments within the first 12 months, may claim the expenses against the scheme. You will have 12 months from the start date of tenancy to save up the deposit to give to the landlord.
In the event of a claim from your landlord, action may be taken against you to recover the expenses paid to the landlord. This could also affect your chances of the council providing you with the accommodation in the future.
Please note, the scheme does not represent an emergency service and it may take time to be accepted onto the scheme. It also cannot help with Estate Agent fees or rent in advance.
If you are interested in the scheme or would like some further advice and information, please contact Dudley Council Plus on 0300 555 2345. They will be able to arrange an appointment for you to begin an application if you are eligible.