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Less stress for landlords as properties are leased to council
Landlords are being encouraged to lease their properties to the local authority as part of an innovative scheme aimed at easing the housing shortage in Hertsmere.
Hertsmere Borough Council has teamed up with property management company Genesis to unveil Hertsmere Homes, a private sector leasing scheme which provides accommodation for families in need of housing.
Landlords can sign up to Hertsmere Homes for three to five years and throughout that time, will receive a guaranteed income based on the local housing allowance.
As part of the service, the property is inspected by Genesis to ensure it meets Decent Homes standards, set by the Government, before tenants move in.
There are more than 1,800 people on the housing register in Hertsmere.
For a small number, threatened with homelessness, temporary accommodation has to be found outside the borough in neighbouring districts, such as Tottenham, Enfield or Edmonton.
Councillor Seamus Quilty, Conservative representative, said: "We are delighted this scheme has already attracted a lot of interest from landlords.
"In times of economic uncertainty, Hertsmere Homes provides financial security for landlords and relieves them of much of the stress of renting out a property.
"For local individuals or families who are struggling to find suitable accommodation, this scheme is a lifeline, and it means they have a greater chance of finding somewhere to live in the borough.
"This is just one initiative aimed at ensuring decent homes for all residents in Hertsmere."
To find out more about the scheme visit www.hertsmere.gov.uk/housing/privatesector/RentingAHome.jsp, call 020 8207 2277 or email email@example.com.