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In the United Kingdom a bond scheme is an alternative to a landlord taking a deposit from their tenant(s). [1] They are usually run by councils, housing associations or charities and operate with the scheme operator guaranteeing any losses the landlord suffers due to the damage by the tenant(s).
When the deposit is under an insurance-based scheme, the landlord or the letting agent will hold the deposit but have to pay a fee to ensure the landlord will not illegally retain the deposit at the end of the tenancy. If at the end of the tenancy the landlord does not release the deposit, the insurance will pay back the tenant.
Housing Benefit is a means-tested social security benefit in the United Kingdom that is intended to help meet housing costs for rented accommodation.It is the second biggest item in the Department for Work and Pensions' budget after the state pension, totalling £23.8 billion in 2013–14.
Registered social landlord (RSL) is the technical name for social landlords that in England were formerly registered with the Housing Corporation, or in Wales with the Welsh Government. From 2010 to 2012, associations were termed registered providers under the Housing and Regeneration Act 2008 , irrespective of status (private, public, for ...
The landlord cannot charge a Section 8 tenant more than a reasonable rent and cannot accept payments outside the contract. [18] Landlords, although required to meet fair housing laws, are not required to participate in the Section 8 program. As a result, some landlords will not accept a Section 8 tenant. This can be attributed to such factors as:
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Clay Spence never really wanted to be a landlord.Lately, though, it's begun to feel like the only sensible option. Spence, a 27-year-old financial analyst, lives east of Orlando in Florida's ...
Sanctuary Housing is a large housing association based in Worcester, England.It is part of the Sanctuary Group, which also includes other organisations such as Sanctuary Care (running more than 100 care homes), Sanctuary Students (accommodation), Sanctuary Supported Living, Sanctuary Scotland (social housing) and Sanctuary Homes (development).