In the United Kingdom a bond scheme is an alternative to a landlord taking a deposit from their tenant(s).[1] They are usually run by councils, housing associations or charities and operate with the scheme operator guaranteeing any losses the landlord suffers due to the damage by the tenant(s).[1]
References
edit- ^ a b "Rent deposit, bond and guarantee schemes - Shelter England". Archived from the original on 2016-05-08. Retrieved 2016-05-15.