Real Lettings sub-lets private landlords rental properties currently in 16 different boroughs in London.
Howard Sinclair, chief executive of Broadway, the charity behind Real Lettings, says: "From the landlord's point of view it can be a great deal. They get to lease their property for three to five years, get a guaranteed rent, and get their property back in the same condition they let it."
TVs property man Phil Spencer argues the case to landlords by saying about the scheme "But apart from the social good done by this scheme the key message is for landlords that this is a viable option, particularly if you have had your fingers burnt in the past by a tenant who refuses to pay or causes damage. OK, you get less rent, but the hassle is taken away. It's like renting out to a big private corporate client with all the guarantees in place. It can make real sense if you want a hassle-free rental. The only thing to bear in mind is that you won't want to sell the property during the duration of the agreement."
To find out more read this article in the Guardian or this one in the Independent
Free property management software, Free tenancy agreements
I already run such a scheme in the Sheffield area and have been doing since June 2010. Prior to that I also did this in other areas of England but with just a few properties. At the moment I am concentrating on expanding this scheme in the Sheffield area so if any landlords are interested in letting to me they can contact me on 07882 193128 or e-mail robert.mellors@hotmail.co.uk for further details.
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