The Rent Deposit Scheme is one of the ways in which South Kesteven District Council help homeless and vulnerable households into privately rented accommodation.
In order to apply for this scheme you must:
- be homeless or threatened with homelessness
- have been resident in South Kesteven for the last six months (exceptions may be agreed in cases of domestic abuse or for former Armed Forces personnel)
- have no housing-related debt
- be able to afford the repayment plan for any loan given by us
- be unable to afford the rent in advance/deposit required by a landlord
The scheme is made up of two parts - a rent in advance loan and a deposit guarantee agreement (bond). The rent in advance loan is paid directly to your new landlord to cover the cost of the first month's rent. You will need to repay the council in instalments over a twelve month period.
The bond is a written agreement that the council makes with your landlord, to reimburse them for any damage (up to an agreed amount) caused to the property by your household or your visitors during your tenancy. If the council has to make any payments, you will need to pay the council back.
Please contact us so a Housing Options Advisor can check your eligibility to apply for the scheme. Your application will then be assessed and we will advise you if your application has been accepted.
More information about the scheme can be found in our booklet below.
Help might also be available through the Lincolnshire Credit Union who provide loans.