Bolton Rental Bond Scheme
If you find a rented property, the landlord is likely to ask for a deposit. This is often the same amount as one month's rent.
There are a few options you might want to consider if you need help with the deposit. You could:
1. speak to your bank about an overdraft or a loan to cover this cost
2. ask an employer, family or friends
3. contact HOOT Credit Union about a loan (contact information below)
4. apply to the Social Fund for a loan or grant (crisis loan, budgeting loan, community care grant) if you are in receipt of benefits
5. apply for a rental bond.
Rental bond in Bolton is called Bond Board.
You have to meet certain criteria to be eligible for Bond Board. You must:
1. be homeless or threatened with homelessness
2. have never had a rental bond or had one more than 10 years ago
3. be on low income or benefits
4. have local connection with Bolton
5. have not caused anti-social behaviour problems
6. be over 18 and under 60 years old
In order to fill in the form to apply for Bond Board you will have to contact Housing Advice Services to go through the application process.
Please remember rental bond is a paper guarantee and not a cash deposit.
Bolton BL1 1LS
Telephone: 01204 546 130
Hoot Wise with money
Bolton Credit Union
60 Ashburner Street,
Bolton, BL1 1TD
Telephone: 01204 365024
Housing Advice Services
1 Silverwell Lane
Bolton, BL1 1QN
Telephone: 01204 335900
Opening Hours: Mon 09.00 - 12.00
Tue 13.30 - 16.30
Wed appointment only
Thu 09.00 - 12.00
Fri 09.00 - 12.00
Frequently Asked Questions
- What happens after I filled in the form?
You will be called for an interview at the Bon Board to discuss the application further, and then given a decision as to whether you have been accepted for a bond.
- What do I do first: finding the landlord who accepts Bond Board or apply for Bond Board?
The application process can take up to 3 weeks to complete so to save time you must apply for a bond before you find a property. Sometimes landlords are reluctant to 'hold' properties for prospective tenants.
- I live in a privately rented flat at the moment - am I still eligible for Bond Board?
If your current landlord serves you with a legal notice you may be eligible if you meet the above mentioned criteria.
- Do I have to live in Bolton to be eligible for Bond Board?
No, but you will have to prove strong local connection to be eligible for bond in Bolton.