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News Article

"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

Housing Trust ‘Warms’ Landlords To Leasing Their Properties

25th Jul 2023

A Derby-based Housing Trust is hoping to encourage private rental sector landlords who are fed up with higher taxes and the red tape nonsense, not to sell up but instead to agree leasing terms for their properties with the trust.


Image credit: Pexels
 
Currently the trust has properties across five counties providing over 600 single bed spaces for vulnerable people who have been made homeless, and says it needs private landlords to work with the trust because of the homelessness and financial crisis
 
The Derbyshire Times recent story reports landlords are selling up because of the incoming Renters Reform Bill and that the housing trust wants those who are proposing to exit the sector to seriously consider a move into social housing.
Instead.
 
The procurement manager of the trust Annabel Flint, claims the social housing sector has fewer risks and guaranteed income for disenfranchised private landlords.
 
She told the Derbyshire Times: “News of the Renters’ Reform Bill has been met with some trepidation by landlords. Our message is, while we fully support the private rental market and the need for affordable housing in the private sector, for any of those landlords who are considering selling up, the property leasing scheme may be an attractive alternative option.
 
“As a registered social landlord, our Housing Trust is exempt from needing Section 21 notices, ASTs or even minimum EPC ratings, so those elements which may be making private rental landlords feel nervous would no longer be a concern.”
 
She also states that local authority and housing association social housing offers leasing schemes with guaranteed rent for the whole tenancy, any tenant damage rectified, low void periods, weekly inspections of properties with no fees and “an excellent property management service.”
 
Flint continues: “I’d like to encourage any landlords with available properties to please give us a call to discuss the benefits of leasing with us. Not only can we offer you rent security and hassle-free property management, but also the benefit of knowing you are providing a home for someone greatly in need of one.
 
“Soaring cost of living costs, and the aftermath of Covid, have had a serious effect on many people who after falling behind on their rent have found themselves without their home. Anyone’s life can take a turn for the worse and we are here to try and provide homes when people need them. To do that, we would love to hear from any landlords who feel they’d like to lease their properties through us.
 
“Demand for our services is only growing and the more properties we have available, the more people we can help.”


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"In May, you MUST give your Tenants the Renters Rights Information Sheet or

YOU RISK  - £7,000 FINE  PER TENANT PER PROPERTY."READ MORE

 

 

 


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Fit for Habitation|March 2019 The ACT is intended to define minimum standards a rental property MUST be and makes a clearer pathway way for Tenants to be compensated|https://www.pims.co.uk/fit_for_habitation_act_march_2019/ Guarantor|The person who provides a guarantee and promises to make payment good should the person responsible for the agreement fail|http://www.pims.co.uk/guarantors/ MEES|The Minimum Energy Efficiency Standard (MEES) Landlords are charged with the requirement to bring their rental property to a minimum EPC rating of E. Property with F and G rating will effectively be banned from the rental market April 2018 |http://www.pims.co.uk/epc/ Section 11|Section 11 of the Landlord and Tenant Act 1985 places an obligation on the landlord to maintain the structure and exterior of the property, including installations for the supply of water, gas and electricity, heating systems, drainage and sanitary appliances|http://www.pims.co.uk/landlord-section-11-repairs/ serving date|This date is the date deemed received at the property - as an example if posted allow for posting days|/serving-notice-on-a-tenant-delivery-days/ Tenancy Application|The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective person. Making your decision on facts and figures is invaluable and this is why you should always take references. The application form also provides you with permission to perform credits. This form details all the information you should ever require deal with most eventualities including absconding tenants|http://www.pims.co.uk/doc/57/ Tenant Fees|From June 2019 where renting properties in England gone are the days of charging for admin, letting fees, vetting, references, inventory, check in, check out, cleaning, pet insurance or ANY other fee that is not explicitly permitted within the legislation. |https://www.pims.co.uk/ban_letting_fees_act_2019/