Peer denies there is a landlord exodus from the PRS
12 months ago | 18 comments
London council appeals for landlords to tackle housing crisis
12:01 AM, 1st May 2025, 12 months ago
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A London council is calling on private landlords to join its enhanced landlord scheme to provide homes for residents facing homelessness or are living in temporary accommodation.
The Royal Borough of Greenwich says that by letting or leasing properties with it, landlords can help address the borough’s acute housing shortage.
The scheme connects individuals on the housing register with private landlords, reducing reliance on expensive temporary accommodations like hotels and bed-and-breakfasts.
Currently, fewer than 50 households in the borough are living in such arrangements, a number the council says it is determined to lower further.
Help tackle housing crisis
The council’s cabinet member for housing management, Councillor Pat Slattery, said: “We’re looking for more private sector landlords to help us tackle the housing crisis by renting or leasing their properties to us for people and families that really need a stable home.
“Like many London boroughs, the demand for housing far outweighs the supply we have, and this is also true for those households at risk of homelessness or living in temporary accommodation.”
She added: “We want people to have access to a safe and secure home that meets their needs, so if you are a landlord with a property to rent or to lease, get in touch with us – we have attractive options and will work with you to provide the homes our residents really need.”
Guaranteed rental income
The scheme offers landlords a guaranteed rental income at the Local Housing Allowance rate, with no fees or commissions.
For properties needing upgrades, grants of up to £15,000 are available to ensure they meet required standards.
Also, the council provides training to help landlords grow their businesses.
For those opting to lease their properties, the council manages tenant sourcing, rent collection and tenancy oversight.
Leases come with monthly rent paid in advance, including void periods, with flexible terms ranging from two to five years, or longer agreements of 10 years or more.
There’s more information available on the council’s dedicated webpage.
Tags:
affordable housing, homelessness solutions, Housing crisis London, landlord support London, lease property Greenwich, Private Landlords, Royal Greenwich Landlord Scheme
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Member Since December 2021 - Comments: 43
8:21 AM, 1st May 2025, About 12 months ago
HAHAHAHHAHAHHAHAHAHAHAH
Landlords are bad, they provide sub standard accommodation, lets charge them to come round and pick fault with their houses.
We need Landlords, please help us.
Member Since December 2023 - Comments: 1581
8:46 AM, 1st May 2025, About 12 months ago
Never ‘work with’ the Councils. They are not to be trusted.
If one family is helped, that’s one property that is t a bailable to somebody else.
You can’t fix the over-population problem unless you increase housing supply by building more houses, reduce the number of people or cram more people into existing housing.
I’d prefer fewer people.
Member Since May 2014 - Comments: 620
10:03 AM, 1st May 2025, About 12 months ago
Not to worry Mr Pennycook and his BTR buddies are no doubt rushing to their rescue as we speak!!!!!
Member Since February 2016 - Comments: 977 - Articles: 1
10:06 AM, 1st May 2025, About 12 months ago
Hilarious!
Member Since April 2021 - Comments: 94
10:49 AM, 1st May 2025, About 12 months ago
Why on earth would you lock-in for 2,5 or more years rent at LHA levels when rents will uplift significantly thanks in part to broken gov policies including fiscal, migration and housing.
Member Since May 2017 - Comments: 763
11:20 AM, 1st May 2025, About 12 months ago
Dream on
Member Since October 2013 - Comments: 59
12:31 PM, 1st May 2025, About 12 months ago
Sorry to disagree with the general consensus , I do not agree with the renters reform bill at all but from a business point of view all my portfolio is social housing and I don’t get the lha rate now I get what the market will stand, so if my council were to offer me a guaranteed income for an extended period at the lha rate I’d be over the moon. I’m not after the last penny I feel I offer a fair deal at a fair price.
Member Since January 2015 - Comments: 1442 - Articles: 1
12:39 PM, 1st May 2025, About 12 months ago
20 years ago I was stupid enough to do this with 2 rental properties. After 3 years both properties were trashed and cost me then around £10k per property to sort. And no liability for the Housing Association to put their hands in their pockets.
Member Since November 2024 - Comments: 81
7:42 PM, 1st May 2025, About 12 months ago
I look into this a few years ago. Decided against it. I did not feel they could be trusted, they generally have no accountability, lack proper business sense and what a risk to trust them with maintenance that they say they will do but unlikely to and heaven knows what state your property would be in after the fixed term – absolute NO!!!!!
Member Since November 2024 - Comments: 81
7:52 PM, 1st May 2025, About 12 months ago
Also Councils need to check in with Angela Raynor and the Champagne socialists 1.5 million new homes pledge which they seem to have gone quiet about and the figure is miniscule anyway to sort out the dire housing shortage.