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  • Property-a-holics

    Councils offering "golden welcomes" to LLs

    Thanks for the comment/pointer, Vanessa.

    A couple of years ago Swansea Council (through also the Wallwich charity) were offering rent-in-advance plus bond for PRS landlords assisting with the Council's housing obligation.

    They did try to help, put Tenancy Support officers in place. But I came a cropper on 3 or 4 tenancies where social problems arose that were far above my pay grade and cost me dear in damage and lost rent by the close of the tenancies!

    UC is a whole new level of institutional neglect visited upon tenants and landlords alike!

    So what are we to do! It's certainly a moving market. I am seeing rent rises resulting, and greater homelessness.

    What I don't get is when or where else has government told private companies what they can and can't charge for (the Lettings Agents tenant fees ban)? Or can Government actually dictate the withdrawal of parity of terms between the two signatories to a contract within just a specific industry (ours - with the proposed Section 21 ban)?

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    My local council has contracted out its emergency housing requirements to this company

    https://www.paramountindependentpropertys...w+We+Work/

    I see their vans all round the town, they seem to be managing quite a lot of property. Already a few cases where there is a sudden rise in ASB in some streets, especially where they run blocks of flats ( usually 4/5 unit conversions).

    Talking to a council officer about it, he remarked that the flat above his sister was being rented on this basis and her life was now a nightmare. When asked if the council would be taking a firm approach in such instances, he just shrugged and said the tenants have to live somewhere . Hardly a reassuring response and rather smacks of a conflict of interest.

    Paramount also buy property either as lettable units or for development. I made an enquiry but they asked for nothing more than the property addresses and i heard nothing more ( the flats are in a selective licensing area, and i’ve not seen their vans in the zone, would guess the council don’t want those liable to be problematic in an area they are trying to improve.) 

    Unlikely the tax payer will ever know what the council pays for housing secured in this way.


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    Councils have been offering these kind of sweeteners for years. They all require that the Private Housing Provider lets their property at far below market rents. The won’t give you adequate details concerning any prospective tenants background, turning risk into an outright gamble. If the Tenancy goes bad, they will advise the tenant to remain in your property until the bailiffs arrive. If your tenant acts fraudulently when claiming housing benefit, they will come to you for any over payment of rent. 
    In 30+ years of providing homes for rent I have never known any council to have treated the PRS with anything remotely resembling fairness.
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    There is nothing golden about dealing with the council.

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    Cardiff based housing association Cadwyn is calling for more private landlords with properties in the city to lease their properties with them to help solve the local housing crisis.

    Around 8,000 households in Cardiff are currently on Cardiff Council’s waiting list for new homes, with around 400 new applications added each month.

    Currently, Cadwyn have just over 400 houses leased with them, but they need more to keep up with the demand.

    Cadwyn has launched #The400 campaign to encourage private landlords to lease their properties through one of their schemes in a bid to reduce the number of families and individuals waiting for safe and secure homes.

    Full/source article

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