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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.
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 ...
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There is no outside landlord. In most cases, all residents of the co-op become members and are owners, and agree to follow certain by-laws. Some co-ops are subsidized housing because they receive government funding to support a rent-geared-to-income program for low-income residents.
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.
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A new grant program from Restore SGF aims to make it easier to own a home in one of north Springfield's historic neighborhoods, according to a news release from the North Springfield Betterment ...