Does anyone accept no deposit?
Asked on Mar 26 2010,
Renting in London |
The short answer is no. Unless you can find a private rental no credible lettings agent will rent a property without a security deposit.
Answered on Mar 27 2010,
We would suggest that you contact your local authority who should have a list of private landlords that accept DSS or Housing Benefit. They will also be able to recommend local agents who also deal with Housing Benefit. Also, a good website for private landlords is gumtree. You can search in your area for landlords who will take dss and they have their numbers direct.
Answered on Mar 30 2010,
I am afraid this is highly unlikely
Answered on Mar 31 2010,
There are some private landlords who don't want to bother with the deposit scheme so they load the rent a bit to make up for losses if there is damage. Croydon council has a scheme where they will pay for the deposit but the tennant must have a good credit rating and rental history and adhere to certain conditions.
Answered on Apr 6 2010,
There is an alternative to a deposit. Tenant Performance Bond. This is basically an insurance policy where the referencing is very thorough and a lot of paperwork has to be produced. i.e. copies of bank statements, wage slips etc. The cost of the bond is roughly £100 p/person. It avoids the tenant handing over deposit monies and in event of any damage or rent arrears the landlord claims recompense from the Tenant Performance Bond company.
Answered on May 26 2010,
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