Gateway Credit Union offer a rent account service to landlords and tenants called a 'Simple' Account. The account is designed to help a tenant manage their finances, especially if they receive Housing Benefit. A housing benefit claimant will tell the local authority that they want their benefit paid into the rent account. Once they have set this up, the authority will pay the benefit into the account, where it will be sent directly to the private landlord’s account. This means that the claimant has less direct access to the benefit, and they can be sure that it is used for rent, helping them to budget for other living costs.
Paying LHA through Credit Union Rent Accounts has the backing of key organisations including your Council, the Welsh Government, the National Landlords Association, Shelter, the Chartered Institute of Housing, Citizens Advice and Cymorth Cymru.