Leasing Scheme Wales is a scheme funded by the Welsh Government and managed by local authorities. The scheme provides property owners the opportunity to lease their flat or house to their local authority for hassle free guaranteed monthly rental income.
It is designed to make renting privately in Wales more accessible and affordable offering property owners an opportunity to access grants and guaranteed income while providing tenants with secure, long-term, and affordable housing.
Benefits for property owners
- Hassle free guaranteed rental income for the length of the lease (at the relevant Local Housing Allowance rate) – meaning no rent arrears and no voids.
- Up to £25,000 grant to bring the property up to rental standard.*
- Up to £5,000 grant to increaseyour property’s energy rating.*
- Leases of between 5-20 years.
- Property inspections, repairs and maintenance covered (subject to reasonable wear and tear).
- Full management of the property and tenant for the lifetime of the lease.
*Subject to terms and conditions.
Coming soon to Flintshire
For enquiries and further information, please contact landlord.support@flintshire.gov.uk / 01352 703811