The Blaenau Gwent Bond Board is managed and operated by The Wallich and run in partnership with Blaenau Gwent Housing Options Service.
Who are the Wallich?
The Wallich are a homelessness charity and have been working with homeless
and vulnerable people for over 30 years. The Wallich operate numerous projects throughout Wales. In Blaenau Gwent we also offer Housing Related Support.
What is a bond?
A bond is a written guarantee that takes the place of a cash deposit. It promises payment to the landlord for damage to a property when a tenancy ends. Our bonds currently only cover rent arrears for those in the most need, such as where the Local Authority accept a duty to house you. The ‘bond’ is a paper certificate and not a cash payment. It lasts 2 years. During this time you save money with Smart Money Cymru Credit Union so a cash deposit is available when the certificate ends.
How could a bond help?
A bond can be used to help a household secure rented accommodation. It could provide the deposit which some households may find difficult to find due to financial restrictions.
Who is it for?
The bond is available to single people, couples and families with children. To receive a bond you will need to:
Referrals to the Bond Board are through the Housing Options Service only. The Bond Board will not accept referrals made by any individuals or organisations. Bond referrals are generally only made once you have identified an affordable property and the landlord has told you they will consider you for a tenancy.