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Derby Homefinder

Glossary of Terms

Here is an explanation of some of the terms used on this website.

Being Processed

If your bid for a property is shown as 'being processed', it mean the advertiser is proceeding with an exchange with someone else who bid for that property. If that exchange falls through, you will be able to bid for it again if you are still interested

Bid

This is the name used for letting the landlord (for a CBL property) or the other applicant (for an exchange) know that you are interested in their property. Bids can be made over the internet, the telephone, using one of our kiosks or in person at one of our offices.

CBL

CBL stands for Choice Based Lettings, and is the name given to the way Council and Housing Association properties are advertised and offered. Derby Homefinder was one of the first CBL schemes in the UK, starting in 2002.

Confirmation

If your bid for an Exchange property is accepted by the advertiser ('nominated'), you will need to confirm you are still interested in the exchange and want to go ahead.

Eligibility

Whether your household is suitable for a property or not.

Mutual Exchange

Where two council or housing association tenants agree to swap homes (with their landlords' approval). Derby Home Swap is a new online mutual exchange scheme designed to make the whole process much smoother.

My Mutual Exchange

This is the tab on the 'Login/YourStatus' page that will tell you everything you need to know about your Derby Home Swap application. You can see the status of your application and property advert, what is happening on any bids you have made, and whether or not anyone has bid for your property

Nomination

After you bid for a Mutual Exchange property, the current tenant will review all the bids that have been placed, and choose one they want to exchange with this. This is called a 'nomination'. You can only have one nomination in progress at any one time.

Nominated Shortlist

If you bid for several Exchange properties, and are nominated by more than one of them, all of your nominations will be listed together. You can review all of the nominations and decide which of them you want to go ahead with.

Open to All

Some Council and Housing Association properties are advertised as Open to All properties and anyone can bid on them.  You do not have to have an active Derby Homefinder application to apply for these properties.

Rejection

At any stage in the process, either landlord can reject the exchange for a range of reasons (such as rent arrears). The advertiser can also reject any of the bids made on their property, if they are not interested in exchanging with that person - this is sometimes referred to as 'skipping' an applicant.

Shortlist

The list of all the people who have bid for a property.

Skip

This is when the advertiser decides he or she does not want to exchange with one of the people who bid for their property.

 


 

 

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