What is the Bond service?
The Bond service is something that has been around for quite some years. The bond service is a way of helping people to access the private rented sector and find a suitable home.
There are many good quality, affordable properties in desirable areas that will make a good home. However for some people finding a deposit is the only thing that stops them renting privately. This is where the bond service can help.
The “bond” is a paper bond up to a maximum value of £500 against damage. Many Landlords are happy to accept this paper bond where a customer cannot provide a cash bond/deposit themselves. The bond can be claimed against by the Landlord where the tenant causes damage to the property.
To be eligible for a bond you must meet one of the following criteria;
- Be homeless
- At risk of being homeless
- Severely overcrowded
- You must be registered for rehousing with a registered provider
- You must live in Oldham
The paper bond is valid for up to 6 months. If you qualify for a bond you will be given an acceptance letter to show to potential new landlords. We can help you find a suitable private tenancy or you can find your own property.
All properties must be inspected BEFORE you sign a tenancy agreement or move in and the property must meet decent homes standard. We also require the full name and address of the landlord/owner of the property before a bond certificate can be offered.
We have helped many families to secure a private tenancy by offering a paper bond, if you think a bond could help you please go to “contact us” and fill in the referral form.
Frequently Asked Questions
Do you want to find out more? Contact Homes for All
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