Date: 23 August 2016
For Immediate Release
Council lends a helping hand to tenants and landlords
Are you looking to rent a property but struggling to find the money for a deposit? Or are you a landlord looking for tenants?
This year South Northamptonshire Council (SNC) re-launched its Deposit Guarantee Scheme (DGS) devised to help local residents with no funds for a deposit access to privately rented properties. The scheme was first introduced in 2010 and has since helped over 70 households find a place of their own, from struggling families to young people on a low income.
Councillor Stephen Clarke, portfolio holder for economic development, regeneration and housing said: “Finding a relatively large sum of money for a deposit can be a real struggle for some people. We at SNC understand that sometimes a little bit of help can go a long way in giving people the chance to lead more fulfilling, independent lives.”
The scheme guarantees to landlords that SNC will pay for damages and rent arrears at the end of the tenancy of up to eight weeks rent. The guarantee also lasts for up to three years giving tenants time to save up for their own deposit.
Those eligible for the scheme are adults who have a local connection to South Northamptonshire who need to move into their own home and have no current funds to pay the deposit. SNC also provide affordability checks, as well as help and advice during the lifetime of the tenancy.
The three steps to the process couldn’t be simpler:
- Contact SNC, either by email firstname.lastname@example.org or call 01327 322395 to make an application and we will ask a few questions to check affordability
- Look for a home to rent
- On finding a property, get back in touch with the details
The DGS also offers great benefits to landlords; eliminating the need for a Deposit Protection Scheme, offering a single point of contact, no fees or commission to pay, affordability checks on tenants and up to eight weeks of rent guaranteed.
If you are interested in finding out more about the DGS scheme please visit http://www.southnorthants.gov.uk/DepositGuaranteeScheme.htm email email@example.com or call Julie Barnes on 01327 322395