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Deposit scheme

If you are looking to rent privately, but you are struggling to find a deposit our deposit scheme may be able to help you. 

  • What is the deposit scheme

    You may be finding getting a deposit together for a rented home difficult, particularly if you haven’t any savings. Our deposit scheme solves this problem through providing landlords with a written guarantee to the value of one month’s rent instead of a deposit, called a ‘bond’, benefitting both you and your landlord.

  • Who is the scheme open to

    To qualify for the scheme you must be: 

    • Over 18
    • Living in Stockport, and have lived here for six months
    • At risk of homelessness
    • In priority need, for example, have children or be vulnerable due to ill health
    • Be able to demonstrate responsibility towards finances
    • Willing to accept housing support
  • Benefits

    As well as being able to rent a home with low cash savings, when you join the scheme, you will also benefit from: 

    • Help to find a suitable property with a reputable landlord
    • A tailored tenancy support package to help ensure a successful tenancy
    • Advice and assistance to settle in
    • Assistance liaising with the landlord and other agencies
  • Landlords

    We know that it can sometimes be difficult to find the right tenant for your home and have the assurance you need to look after your investment. We can give you complete confidence in the service we provide to aid sustainable, happy and successful tenancies allowing you peace of mind and security. 

    What’s in it for the Landlord?

    • You will receive a written guarantee of contract covering a deposit up to the value of one months rent and protecting you from damage or rent arrears
    • Free professional in-depth and detailed inventory (both photographic and typed)
    • Housing support and advice provided to your tenant by Stockport Homes to help maintain the tenancy
    • Regular visits and inspections conducted by the Deposit Scheme Officer
    • Assistance to hep obtain rent in advance
    • Our team will deal directly with housing benefit claims on behalf of the tenant to avoid any delays
    • A named contact to help with any queries or concerns

If you are a tenant wishing to join the scheme, please see the customer leaflet below or contact the Social Lettings Team on 0161 474 2696 or email the Deposit Scheme directly on deposit.scheme@stockporthomes.org

Deposit scheme leaflet - customers

If you are a landlord interested in letting your property out via the Stockport Homes deposit scheme, please complete the enquiry form below.

Landlord enquiry form

 

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Page last reviewed 07/06/2017