Private Landlord Bond Scheme
Private landlord Bond Scheme
A Bond Scheme has been developed by Walsall Council to help people in Walsall who are homeless or threatened with homelessness to find accommodation within the private rented Sector. The bond is a written agreement between the Landlord, Applicant and Walsall Council that the council will be financially responsible for rent arrears and/or the cost of any damage to the property; (up to the value of one month’s rent) caused by the applicant during the tenancy.
The scheme has many benefits for landlords such as; providing a ready supply of prospective tenants, a free tenancy inventory before and after the tenancy, long term lets, guidance and assistance with housing benefit claims, free of charge Tenancy Agreement plus many more.
An event was held on 7 September 2011 to launch the bond scheme. A copy of the information that was presented at the event can be viewed below;
- Bond Scheme Presentation (PPT 717KB)
We have also produced 'Bond Scheme Guidance for Landlords'. If you are interested in registering a property with the bond scheme please fill in the form which can be found on the last page of the guide. If you want to submit the form electronicaly, please fill in the Word version of the form below. The Bond Scheme Guidance for Landlords can be viewed below;
- bond_scheme_property_referral_form.doc (Word 37.5KB)
- bond_scheme_property_referral_form (PDF 9.13KB)
- Bond Scheme - Landlord Guidance (PDF 167KB)
This page was last updated on 25 March 2014