Affording your new home
Financial Wellbeing Assessment
Before being considered for an offer of accommodation you will need to provide deatils of your income and outgoings, this can now be done on your online Homefinder application. If we offer you a tenancy we will check that this information is up to date. To ensure there are no delays please check your applciation to nake sure your deatils are correct.
Rent in Advance
We will always request rent in advance even if you are currently claiming housing benefit or housing cost support through Universal Credit. The minimum amount we accept is one week’s full rent.
How much do I need to pay?
You will pay an amount equivalent to your agreed payment pattern, for example -
- If you pay rent weekly, you will pay 1 week's full rent in advance
- If you pay rent fortnightly, you will pay 2 weeks' full rent in advance
- If you pay rent 4 weekly or monthly, you will pay 4 weeks or 1 month's rent in advance
What happens before I move in?
Once you are registered with Homefinder you should put money aside so you can pay the rent in advance. You will need to set up a bank account, if you do not have one, as the rent in advance payment can only be taken from a debit or credit card.
If we do not get a rent in advance payment then keys will not be issued.
Leaving a tenancy
If you give notice to terminate during the four week notice period you can use any credit on your rent account to pay rent, alternatively any credit on the account will be refunded on request when the tenancy terminates.
Things you should know when moving into a new home