Managing Your Money

Paying your rent is a priority, as falling behind can result in you losing you home. We are keen to support you if you are struggling to pay your rent, so please contact us to discuss your options. Please phone us on 020 8221 4000 or email us at info@localspace.co.uk for a chat. You can find out more here about how we can help.

Where Can I Find Money Management Advice?

If you are spending more each month than you have coming in, we recommend that you take a look at your spending habits and look at where you can save money.

There are a number of organisations who can help:

Money Advice Service 0800 138 7777

The Money Advice Service is an independent service, set up by government to help people make the most of their money, they give free, unbiased money advice to everyone across the UK – online, over the phone and webchat.

Their money management advice can help you to work out a budget, cut costs on your household bills and claim all the benefits you are entitled to. You may also find these tools and calculators useful:

  • This Budget Planner can help you take back control of your household spending.
  • Use the Debt Test to help you determine your levels of debt and how you can manage this.
  • This Savings Calculator may be useful if you want to make a savings plan.

You may also find these organisations useful for free, impartial advice on managing your money and coping with debt.