Gainsborough residents helped raise £1 million towards stopping youth homelessness

Residents in Gainsborough have helped raise £1 million for the Yorkshire Building Society’s End Youth Homelessness (EYH) partnership.

The Society’s branch, on Market Place, has raised £1,680
The Society’s branch, on Market Place, has raised £1,680

The Society’s branch, on Market Place, raised £1,680 for EYH in the three and a half year partnership that has helped more than 455 young people and 95 dependent children into their own rented homes.

EYH is a national movement of local charities working together to end youth homelessness in the UK.

By funding the Rent Deposit Scheme, providing rental deposit guarantees, initial rent payments and home essentials grants, the partnership gave practical help to homeless young people, aged 16 to 25, across the UK that were ready to live independently.

The money has been raised through activities such as colleague fundraising, public donations, innovative savings accounts and donations from Yorkshire Building Society.

Harvey Thomas, manager of the Gainsborough branch of Yorkshire Building Society, said: “I want to thank everyone in the community here in Gainsborough that has supported our partnership with End Youth Homelessness.

"This has enabled us to help hundreds of homeless young people move into their own homes and provide them with the support they need to rebuild their future.

"Through our partnership, we’ve helped young people to overcome some of the enormous financial barriers to living independently like rental deposits, the first month’s rent, or household essentials and furniture.”

EYH charities collectively work with more than 30,000 young people who are among the most deprived in the country.

Nicholas Connolly, managing director for EYH, said: “We are incredibly proud of this partnership and its legacy is hardwired into our future with the End Youth Homelessness Housing Fund, which builds on the partnership’s Rent Deposit Scheme.

"The hugely successful fundraising by Yorkshire Building Society will fund its first year of operation.

"We want to say a huge thank you to colleagues and customers at the Society for their support, which has helped change the lives of homeless young people.”