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Bridge2Home Pledgeholder

The 700 Club seeks to make a difference to the lives of local people by enabling them to move into a home of their own in the private rented sector. Landlords usually require new tenants to pay a cash deposit when moving into a property as a bond (or guarantee) against the cost of repairing any damage that may occur during the tenancy. People on very low incomes or who rely upon state benefits simply don’t have the money to pay such a deposit. This is where Bridge2Home comes in.

Bridge2Home guarantees the bond amount for a year. If damage occurs during the tenancy, the Landlord can claim from the scheme the cost of any damage to the property up to the Bond Guarantee amount.

What is a Pledge-holder?

Pledgeholders underwrite the Bond Guarantees. The Pledge-holder idea is a simple one. A pledge is for up to £50 and covers a financial year from 1st April to 31st March. At the end of the year we calculate the total paid out in claims, divide that amount between the number of Pledge-holders, and request that sum from each. The maximum amount we would ask for is £50.00, although we hope that it would not be the full amount. Clearly, the more pledges we have, the less we need to ask from each Pledge-holder.

Pledge-holders are greatly valued, so are regularly kept in touch with the scheme through updates, newsletters and invitations to future events. Pledges can be made by anyone – individuals, clubs, schools, churches, businesses. Many people make more than one pledge. The commitment made is for one year, although we hope that our Pledge-holders will renew their pledges annually.

You could give some one a home for just £1 a week - you won't miss it but to the homeless person it means everything. 

Sign the Pledge online  pledge-holder-registration

If you would like to download a paper copy click here: B2H Pledge-Holder May 15.doc

Published: 22nd March, 2016

Updated: 19th December, 2019

Author: John Elliston

Comments: 1

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    Our Achievements

    The 700 Club have provided nearly 400,000 bed-nights to those who would otherwise be forced to sleep rough, to sleep on a friend's floor, or to occupy some other kind of inappropriate accommodation.

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Latest tweet

  • 2021 Silver Jubilee Year for the 700 Club. We are looking forward to a big celebration when the nightmare of corona… https://t.co/mBMtsjZuEi

    1stJanuary, 2021 @700ClubHomeless
  • In these difficult days it is hard to hold on to dreams. Our dream is to end homelessness. Help us to keep this dre… https://t.co/nIY5pu33Gg

    25thDecember, 2020 @700ClubHomeless
  • Church View Apartments https://t.co/G81aATn0NQ Now open to receive referrals

    23rdDecember, 2020 @700ClubHomeless

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700 Club Head Office
Roadway House,
Beaumont Street West,
Darlington DL1 5SX

Phone: 01325 366397

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The 700 Club is a company limited by guarantee registered in England and Wales under number 3191544 and registered as a Charity number 1056192. It is a Registered Social Landlord 4811

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