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hoefla
DIFFO
Anyone lease a property too a housing association?
Ive had a empty property now for nearly a year due to lack of money as it needs a fairly big cash injection and wouldn't rent it out, though I could
Then found this last night
http://www.manchester.gov.uk/info/10027/empty_properties/5584/owning_an_empty_home/4
Rent your empty property
You might be able to get a regular income from your empty property by leasing it to a housing association.
If your property has been empty for more than six months, we can ask a housing association to assess the condition of the property and the estimated rental income. If eligible, you can lease your property to the housing association for up to six years. In this time, they will make any necessary repairs to bring it up to a habitable standard, rent the property out and manage the tenancy and the property. They will find tenants and will usually cover any periods when the property may be empty, so you'll still receive your payment.
How will you get your rent money?
The housing association will decide what work is required to bring your property up to standard. You will receive a guaranteed rental income, calculated after any repair and management costs are deducted. You will get this monthly, direct to your bank account or, if eligible, in a lump sum at the beginning of the lease period.
See how much your empty property could be earning you by using our lease and repair calculator. You need to know roughly how much it would cost in repairs to get the home up to a good, ready-to-rent, standard; and the average rent that similar properties in the area go for. Check letting-agency websites to get an idea of local rent levels.
If you have a mortgage on the empty property, your mortgage lender would need to approve you entering into the lease agreement. The rental income can be paid directly to your mortgage lender if necessary.
Lease terms may be negotiated to suit requirements for you and the housing association.
You will benefit from:
Guaranteed rental income
No commission or set-up costs
Renovation of the property to a quality standard
No day-to-day landlord responsibilities
A full property management service including gas and electricity checks and buildings insurance
Repairs service
No responsibility for council tax charges
Free from empty property enforcement proceedings
Property returned to you at the end of the lease-term in a good condition
Time to consider and decide upon a longer-term solution for your empty property
Some thoughts from The Independent
http://www.independent.co.uk/property/house-and-home/guaranteed-rents-for-landlords-wheres-the-catch-477475.html
Im also paying full council tax, years back youd only pay halve, my local council said it's down to making people not have empty props