The Deposit Guarantee Scheme (DGS)
A deposit guarantee scheme (DGS) helps to indemnify landlords against the possible cost of damage to their properties. There is no deposit provided but instead we would pay a pre-agreed amount of deposit guarantee depending on the size of the property to the landlord at the end of the tenancy. This will cover any malicious damages to the property including fixtures, some fittings for example cooker, fridge, and floor coverings, window coverings, caused by tenants and members of their household and which cannot be classed as fair wear and tear.
We will provide an inventory detailing the condition of the property, fixtures and including any fittings. The inventory will be agreed by all parties and signed immediately before or on commencement of the tenancy start date and again agreed at the end of the tenancy.
Tenancy will need to be for a period of 12 month assured shorthold tenancy. We will support payments for housing benefit/universal credit to be paid direct to you.