Transition insurance

Our latest scheme – a better offer for landlords and a solution for households that are struggling to raise a deposit for a rental property.

Transition insurance is a new scheme between Southwark and insurance provider Canopy to help prevent and reduce homelessness in the local area.
When granting 12 month assured tenancies for our service users, landlords will be paid an incentive payment and provided with an insurance policy in place of a single cash deposit.

The scheme was co-designed with the National Landlords Association, charities such as Crisis, focus groups with tenants in temporary accommodation and we have engaged with over 200 landlords throughout the Design phase.

This document (pdf, 646kb) has more details on the benefits of Transitional Insurance for landlords and people looking for somewhere to rent but who are struggling to raise the deposit.

Page last updated: 18 October 2018