Savings and Loans

Bond Saving Schemes

There are a number of Bond Board Projects that may assist people on a low income to find private, rented accommodation. Private landlords often demand a large deposit or ‘bond' and without this lump sum of money, it can be difficult to find somewhere to live.

They will provide a bond certificate that is handed to the landlord and in return you will need to join your local Credit Union in order to save the bond back at an agreed rate with your Bond Board while utilising the credit union account by saving on a regular basis.

You will need to contact the Bond Board that operates within your area.