Hi
Our Trust deed just says ‘needy and deserving’ and ‘in greatest need,’ and misfortune, not of their own fault’. This leaves the Trustees with a very flexible approach. We have just had one application for a vacancy from a couple, who are both working and have what most people might consider as a very healthy income. They are both considered to be self-employed. They have just received notice from their current landlord. During covid they were earning nothing and had to enter into a voluntary arrangement with creditors although they continued to pay their rent in full so have a good record. The IVA means they have been turned down by every estate agent when they try to apply for a tenancy, they are both in their early 60’s are not in a position to take out a mortgage, although I suspect their credit rating would prohibit this anyway. They have no-one who can act as a guarantor. So they are needy, and in a situation not of their own making. Under these circumstances, despite having a generous income (and they could easily afford to rent privately) they are being considered for our vacancy. if we had an absolute cut off regarding income they might not qualify, would be homeless and running out of options.