Regency key worker scheme: FAQs
The questions that crop up most often for those applying for a home through the key worker Regency scheme.
- What size property am I eligible for?
We aim to satisfy the maximum occupancy for properties, so the size of the property you are eligible for is allocated in accordance to the size of your household. This is confirmed when your application is registered.
You can only bid for properties suitable for the size of your household. Children included in your application must be residing with you on a fulltime basis.
- I am pregnant
In the case of applicants being pregnant, we will require a Maternity Certificate (MAT B1 form) in support of your application in order for your expected child to be added to your household size.
- Joint applications: I and another keyworker would like to live together?
In this circumstance, applicants are required to add their colleague as an additional member of their household. Permission must be given from both parties by emailing this request to email@example.com. We will select the earliest registration date when merging the two accounts.
- Is there a priority list for specific circumstances?
Unfortunately there is no priority list for the key worker scheme. We allocate properties within the scheme according to the earliest registration date of applicants.
- How can I bid for vacant properties?
Every fortnight, you will receive a newsletter from Property Choice with links to the available properties. Applicants can log in to view all vacant properties, as well as information about rent and location. Prior to placing an online bid for a property, applicants must attend a viewing which typically take place during Mondays – Fridays, 9am-5pm.
After viewing a property, applicants can bid online via the CBL portal.
- How will I know if I have been successful with my bid for a property?
When the CBL cycle closes, the applicant who has the earliest registration date will be offered the property, providing the lettings criteria have been met.
- How long does the process take to secure a property through the scheme?
There is no guaranteed timescale for applicants to be allocated a property. There are a variety of factors that can influence the timescale which includes availability of properties and the interest expressed in properties etc.
- Can I bid on archived properties?
No, these properties were listed on previous cycles and are no longer available. In the case of a property not being let through CBL, it will be advertised on our Intermediate market rent scheme.
- Am I guaranteed to get the property I bid for?
No. If the property in question is in a popular location or has a garden, for example, it will attract a larger number of bids. Offers will be made strictly on the basis of the date of registration so you will only be successful if you have the earliest registration date of those who have bid for the property, meet the lettings criteria and are able to move within the time frame required.
- How will I know that the bidding has been conducted fairly?
You will be able to see the result of the bidding in the subsequent edition of Property Choice. We will include the registration date of the successful bid so you will be able see that the process has been fairly managed.
- What happens if I decide to turn down an offer?
We expect anyone who bids for a property to accept the tenancy. If your bid is successful and you change your mind, your registration date will be amended to the date of the refusal, taking away your advantage in future bidding rounds.
- How long does my registration on the waiting list last for?
Your registration is valid for 12 months. You will be notified via email when your registration is due to expire. On receipt of this email you will have to confirm that you wish to remain on the waiting list by emailing firstname.lastname@example.org. You will also have to notify Peabody if there are any changes to your personal details.
If your registration has expired for more than a month your application will be cancelled and you will have to re-apply for inclusion onto the scheme.
It is very important that you email us at email@example.com when any of your contact or personal details change. We can then amend our records to ensure that you can continue bidding for properties.
- Where are your properties located?
Cumberland Market, Lee, Millbank and Victoria Park Road.
- How much are your keyworker properties?
The majority of properties included in the CBL scheme are 1-3 beds. Property prices vary across the different districts. These rents are solely set in line with the London living rent.
An average summary of our prices pcm:
- Studio - £791
- 1 bed - £890
- 2 bed - £988
- 3 bed - £1,087
You will be required to pass referencing and fall into our affordability criteria to be eligible for our properties. Individuals must have a household income below £71,000 for 1 & 2 beds and £85,000 for our 3 bedroom properties.
- Can I go on to purchase a property after renting?
No. Properties within the scheme are for rental only.