x
By using this website, you agree to our use of cookies to enhance your experience.
STAY CONNECTED!
    
newsletter-button
award
award award
award award

TODAY'S OTHER NEWS

Council pledges guaranteed rents to woo private landlords

Landlords are being invited to get involved in a scheme which a local council describes as “an attractive, risk-free financial offer.”

Cambridge city council is guaranteeing monthly rent payments to landlords for up to a year on one-bed and studio properties, which it would then allocate to vulnerable and homeless people.

The authority is looking for 20 studio and one-bed properties in Cambridge, or in nearby locations on public transport routes.

The properties will be occupied by people leaving accommodation provided at the start of the pandemic, or by people in supported accommodation and are ready to move on.

The offer to landlords includes “an extensive deposit bond” covering the landlord in the event of any damage to property. 

There will also be a dedicated support worker for each person moving into the accommodation. Support may include help settling into the property, setting up bills, accessing local services and building positive relationships within the community.  

 

Richard Johnson, Cambridge’s executive councillor for housing, says: “It’s great news that we have received this new funding from the government. In these uncertain times landlords with suitable properties could really benefit from having a guaranteed income so I would urge property owners to get in touch with us to discuss this scheme.”

The council already operates a so-called social lettings agency, THL, which offers landlords fee-free management service, guaranteed rents, and personalised support for both landlords and tenants.  

  • icon

    Guaranteed rent for a yr, so what happens after that? Norwich tried it once, a farce .

  • icon
    • 19 October 2020 08:52 AM

    With unmet demand I doubt any LL will need to bother with Council homeless dross.
    PRS is reducing leaving surplus tenants with certainly no need for LL to bother with schemes such as this Council is offering.

    Bargepole; don't touch with!

  • icon

    Never did, never will......!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Bunch of cheating scroungers.

  • icon

    “an attractive, risk-free financial offer.”
    If you used this expression in other businesses you open yourself to trade description issues. Letting Agents LL's, estate agents, financial products, car dealers etc. This council will get away with this the people there most of the time not qualified to say such statements.

    If it was truly 'risk free' then they should do a commercial arrangement with the LL's & take the risk of the tenant. No, you already know they wont & don't want to do this & you know from experience why.
    I hold councils that promote these suggestions with contempt as they are trying to con us

  • icon

    tell the councils to get stuffed !

  • icon
    • 19 October 2020 10:11 AM

    Truly I don't believe Councils understand how detested they are by private LL.

    If they did they wouldn't even bother with their pathetic attempts to sucker LL into their ridiculous deals.

    I guess these Councils are hoping for newbie LL who know nothing to agree to these deals.

    Just more lambs to the slaughter!

  • icon

    Why don't the DWP pay landlords direct?

    icon
    • 19 October 2020 23:07 PM

    Because 'clawback' still exists.

    No way would I EVER accept direct payment.

    Payment via a CU no problem!

     
  • icon

    if the council put their collective backs into it, they could build the houses quicker ?

icon

Please login to comment

MovePal MovePal MovePal
sign up