Moray Keyfund Rent Deposit Guarantee Scheme

Due to COVID-19 we are unable to carry out the Moray Keyfund Scheme at present.

The information on this page is based on our leaflet Moray keyfund rent deposit guarantee scheme (PDF)

What is the Moray Keyfund?

The Moray Keyfund helps people who are on a low income and at risk of homelessness in Moray get accommodation in the private rented sector. It does this by offering the landlord a deposit guarantee instead of a cash deposit. There are certain criteria that must be met. These are detailed in our 'information for tenants' page.

What is a deposit?

Most landlords or letting agents will ask for a deposit when you move into privately rented accommodation. A deposit is a sum of money which gives your landlord protection in case you leave without paying rent or cause any damage to the property.

You may also be asked to pay rent in advance. This may mean that you will have to pay a large amount of money at the start of the tenancy.

By law, all deposits for private tenancies in Scotland need to be put into a national  Safeguarding Tenancy Deposit Scheme.

If your landlord wants to claim any of your deposit at the end of the tenancy, one of the national Safeguarding Tenancy Deposit Schemes will decide whether your landlord's claim is fair.

What is a deposit guarantee?

We can give a guarantee to your landlord for you deposit. this lets you pay the deposit to them in smaller, more manageable instalments, over 6 months.

The maximum amount of a deposit guarantee is £450 per application.

What does it cover?

The deposit guarantee covers:

  • any damage to the property and furnishings (not items damaged due to normal wear and tear);
  • cleaning bills if the property is left in a poor condition; 
  • any unpaid rent owed when the tenancy ends;

What does it not cover?

The deposit does not cover any unpaid utility bills or any damage that is caused by wear and tear.  

More information for tenants and landlords

The following pages have more information:

Contact Us

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03457 565656

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