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Our lettings company are currently working with a Relocation Company who work on behalf of many of the London and South East Councils.
London and South East Councils are paying in excess of £150 per night per room for homeless people which costs the council in excess of £4500 per month.
The Relocate company manage a scheme for these councils which offer the tenant the following -
The tenant is not able to move properties for 2 yrs once they have accepted the package, because they have agreed with the Council and the Relocation Agency that if they move, they lose any entitlement to benefits. The tenancy agreement is in the tenants name but the council underwrites the payment of rental, so in the unlikely event there should be a problem, they will step in and pay the rental, so the owner of the property gets the security of knowing their property is rented to a tenant fully supported (financially and practically) by the Council for a 2 year period. In the vast majority of cases the tenant makes a home of the new property and continues to stay in the property after the 2 year period.
For the tenants to be allowed to benifit from this scheme they are all vetted and must not have any history of antisocial or criminal activity.
The relocation agent has been operating for 6 years and has placed over 1000 tenants in this time with 99.9% success rate.
Please call us on 01483 663001 to find out more about the properties we offer with 2yr fixed Guaranteed Rent.