Private Sector Leasing Scheme Overview
This overview provides details about the Private Sector Leasing (PSL) scheme, including the successful bid for the Private Rented Sector Access Grant fund, the role of the PSL Coordinator, and the requirements for landlords. The scheme offers a two-year non-repairing lease with guaranteed monthly income, professional housing management, and no void loss or rent arrears. Landlord requirements include property conditions, maintenance contracts, certificates, and insurance coverage.
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Presentation Transcript
Kevin Tebbett Private Sector Leasing Co-ordinator - Countywide
What I will cover My role Our successful bid to the Private Rented Sector Access Grant fund Overview of the proposed Private Sector Leasing (PSL) scheme
My Role Work with landlords to increase access to the PRS Introduce a PSL scheme within Wyre Forest Work with councils within Worcestershire to develop and implement a PSL scheme
Private Rented Sector Access Grant 20m fund launched in October 2018 To help those at risk of homelessness to secure their own homes To set up locally led schemes or expand those currently in use 54 successful schemes across the country Successful bid of 399,099 for Worcestershire
Bid Content PSL Co-ordinator Six officers to work with landlords and provide tenancy support one in each district Establish a PSL scheme across the county Explore other new access schemes and develop existing ones
Private Sector Leasing Scheme An overview - Two year non repairing lease - Guaranteed monthly income for the period of the lease - No fees taken out of the payment - Property returned in same condition minus fair wear and tear - Housing management undertaken by professional officers - No void loss - No rent arrears - No tenant damage costs - Inventory completed with regular visits to the property
Landlord Requirements Property should be free from Category 1 hazards under the HHSRS and be in good clean condition Undertake repairs in a timely manner Gas maintenance contract in place Valid Gas, electric certificates and EPC in place Appropriate Insurance cover and permission from Mortgagor if applicable