Private landlords in Dacorum are being given the chance to let Hightown Housing Association take the strain of renting their properties with the launch of its new Hightown Lettings scheme.
The charitable organisation is aiming to offer landlords a hassle-free service by guaranteeing landlords a monthly rent, whether their property is occupied or not, and taking total care of each home with their comprehensive property management service.
Other benefits include:
• A long lease of 3-5 years with a quality and highly respected company
• No management fees
• Quarterly inspections with a written report to the owner
• £300 contributions per year towards minor repairs, plus the cover of all tenant damage
• Free annual gas certificates from the first renewal
• The ability to fund more expensive repairs/renewals by taking the cost from their monthly payment in instalments
• The property returned at the end of the lease in the same condition as the start, excluding fair wear and tear.
All homes leased by Hemel Hempstead-based Hightown will be let and managed on Assured Shorthold Tenancies (ASTs) to families in Dacorum borough who are homeless or potentially homeless.
Hightown hopes the initiative will help reduce homelessness in the area, with the number of applications for homelessness in Dacorum increasing by 70% between 2014-15 to 131 in the last quarter.
Brian Finn, Hightown’s Lettings Manager, said: “For local landlords, we can offer a long term ‘no hassle’ letting with the rent and welfare of the property guaranteed.
“The number of people being made homeless is increasing nationally, with 68,560 households living in temporary accommodation in September 2015. Locally the overall trend is not improving, and we’ve been looking for new ways to assist the local community with the problem and help us fulfil our aims of providing homes for those in need.”
He explained that each letting will be closely managed, with regular property inspections and tenant counselling, where necessary. There will also be a break clause for either party to end the agreement, again with vacant possession and in the same condition as the start less fair wear and tear.
Private landlords interested in leasing to Hightown Lettings must have a property in good condition that meets a minimum lettings standard.
The scheme has now been launched, and Hightown is keen to explain the benefits in full to local landlords. To find out more, email Brian.Finn@hightownha.org.uk or call 01442 292328.