Help to Rent in London: Support for Tenants & Landlords
Renting in London can be challenging due to high rents, strict tenancy requirements, and large upfront costs. Fortunately, various schemes and financial assistance programs exist to help tenants secure a home. Whether you’re struggling with deposits, finding an affordable rental, or meeting landlord requirements, this guide will help you navigate the process.
Challenges Tenants Face When Renting in London
- High rental prices – London’s rental market is one of the most expensive in the UK.
- Large upfront costs – Deposits, advance rent, and fees can be barriers for many renters.
- Strict referencing checks – Landlords often require proof of income, guarantors, or credit checks.
- Limited availability – High demand means competition for rental properties is intense.
Help-to-Rent Schemes in London
Several government and local council initiatives provide financial support and rental assistance.
1. Rent Deposit Schemes & Deposit Guarantees
For tenants struggling with upfront deposits, many London councils offer deposit guarantee schemes:
- Instead of a cash deposit, councils provide a written guarantee to landlords.
- Available to low-income tenants or those at risk of homelessness.
- Contact your local council to check eligibility.
2. Discretionary Housing Payments (DHPs)
- Offered by councils to tenants receiving Housing Benefit or Universal Credit.
- Helps cover rent shortfalls, deposits, or moving costs.
3. Affordable Housing & Keyworker Schemes
- The London Living Rent scheme offers discounted rental prices for middle-income earners.
- Keyworker housing is available for NHS staff, teachers, and emergency service workers.
4. Private Rental Access Schemes
- Some councils help tenants find private rentals by negotiating with landlords.
- These schemes often assist people on low incomes or with poor credit histories.
Help for Landlords with Hard-to-Let Properties
Landlords with vacant properties can benefit from rental support schemes:
- Council leasing schemes – Councils lease properties from landlords and guarantee rent payments.
- Property management services – Agencies like Fraser Bond help landlords find reliable tenants quickly.
How Fraser Bond Can Help
At Fraser Bond, we provide expert support for both tenants and landlords:
- Tenants – We help renters find properties within their budget and navigate rental assistance schemes.
- Landlords – We assist in marketing properties, securing tenants, and managing rental agreements.
Conclusion
If you're looking for help renting in London, explore deposit guarantee schemes, rental assistance programs, and affordable housing options. Whether you're a tenant in need of support or a landlord looking to fill a property, Fraser Bond can help. Contact us today for expert rental advice!
