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26/09/2017

Rent Deposit Scheme launches

We are excited to announce that as part of our partnership with End Youth Homelessness, our bespoke project to give homeless young people a brighter future has now launched.

Through colleagues and customers fundraising for our charity partner, End Youth Homelessness (EYH), we are delighted to have launched our Rent Deposit Scheme in June 2017.

This is the first project of its kind to be rolled out on a national scale, and gives practical help to homeless young people in the UK who are ready to move out of supported accommodation and into their own homes.

In its first three months, we have helped 15 young people make the step to living independently. Through our Rent Deposit Scheme, EYH member charities engage with landlords, letting agents and housing associations to find suitable homes, and act as guarantors to secure a property for young people to remove the difficulties of funding the upfront deposit costs themselves.

Once they are in their new home, we provide a £200 grant to contribute towards essential household items such as bedding, furniture, or kitchen utensils.

During their tenancy, young people also benefit from dedicated support with financial advice, help paying bills, budgeting, and building life skills and confidence.

One of the young people we helped, Eleanor (aged 22), shares her story…

Eleanor* and her new born daughter became homeless after her father’s health deteriorated quickly and he had to move. There wasn’t room for Eleanor and her daughter in her father’s new home, and they tragically had nowhere else to go. Eleanor sofa surfed with family and friends; however this was not suitable for her or her daughter. It was an extremely difficult time for Eleanor; trying to care for her father, giving birth to her first child and having no fixed address.

Eleanor joined the Rent Deposit Scheme through EYH member charity, Centrepoint to help find a place to call home. Once in her new home, the home essential grant enabled Eleanor to buy a new kettle, toaster and microwave. Centrepoint also supported Eleanor to access a local second hand furniture scheme. Eleanor is now settled in her home and her daughter is adjusting to a stable routine. She is very close to her family and is now able to help care for her father.

"When I came to End Youth Homelessness, I had nothing. I am incredibly grateful to the Rent Deposit Scheme for giving me a place to live, as well as helping me turn my house in a home for me and my little girl."

Further Information

If you want to find out more about our partnership or donate to help more young people like Eleanor, please click here or pop into your local branch or agency.

*Name changed to protect identity

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