Thursday, 5 February 2015

Private Renters to Get Interest-Free Loan Deposit Offer

A scheme that offers London workers an interest-free loan for their deposit on a rented home is to be rolled out across England.  Pioneered by the Mayor of London and housing charity Shelter last year, the scheme works like the season ticket loan programme already offered by many employers to help commuters pay for their travel costs in the capital. At an event to roll out the scheme, it was announced that The Co-operative Group will be the first major employer to offer it to their 70,000-plus employees across the UK. Read more on 24dash.

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