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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.
As part of the Welfare Reform Act 2009, the Disabled People's Right to Control (Pilot Scheme) (England) Regulations 2010 [1] attempted to put in place a right for disabled people to request choice and control over a range of public resources needed to support independent living in the community. The Government established a pilot programme of ...
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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 ...
Regulation for all new tenancies was abolished by the Housing Act 1988, leaving the basic regulatory framework was "freedom of contract" by the landlord to set any price. Rent regulations survive among a small number of council houses, and often the rates set by local authorities mirror escalating prices in the non-regulated private market.
For the greater part of the 20th century the private rented sector was in long-term decline. The combination of growth in owner-occupation and the role of city councils, borough councils, and district councils as social landlords, through public housing and latterly the housing association movement, contributed to a decline in the private rented sector.
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.