Tenancy deposit loans (2)

MQT on 2017-12-14
Session date: 
December 14, 2017
Question By: 
Siân Berry
City Hall Greens
Asked Of: 
The Mayor


Thank you for your responses to my questions 2017/4307 and 2017/3971. Will you set out an action plan alongside the Fifty Thousand Homes campaign to engage with more employers to promote tenancy deposit loans to Londoners? In particular, what will you do to support sectors that find it more difficult to implement these schemes in London?


Answer for Tenancy deposit loans (2)

Answer for Tenancy deposit loans (2)

Answered By: 
The Mayor

Over the past year, I have been working with London First to promote the tenancy deposit loan scheme as widely as possible and I am pleased that around 110,000 Londoners are now covered by the scheme.

As I committed in my response to your question 2017/4307, I will also look at whether we can include tenancy deposit loans in my forthcoming Good Work Standard. I have sought the views of a range of organisations to make sure that my Good Work Standard focusses on the right goals and objectives and my officers are now looking at the responses to the call for evidence and will provide me with advice on taking this forward.