Last Modified December 03, 2012
Private Sector Leasing
Hertsmere launched its Private Sector Leasing Scheme called Hertsmere Homes in April 2012 to offer landlords a stress free guaranteed income for their properties. The scheme is offered in association with Genesis who are market leaders in the provision of housing and tenant management.
Landlords can sign up to a three or five year leasing agreement during which they will receive a guaranteed income every month whether or not there is a tenant in the property.
Landlords will need to bring their property up to Genesis’ rental standard before the lease is signed and they will remain responsible for certain costs which are detailed in the Landlord Property Standards brochure and Landlord leasing Scheme Information Brochure.
If landlords do not have the funds to bring their properties up to the letting standard Genesis or if they are not able to fund repairs during the lease Genesis can carry out these works and deduct the cost from the monthly landlord income.
For further details contact the Housing Department on 020 8207 2277