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Rental Bond Schemes » Bolton Rental Bond Scheme

Bolton Rental Bond Scheme

Introduction

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.

More Information

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.

Contact Information

Bond Board:
Bolton Hub
Bold Street
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.

     
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