I would like to let my empty property, but work is required...
Empty Homes Wales can fund and
undertake the works on your property through a leasing scheme.
There are no agency or sign up fees, and no hassle for you.
We will meet you at the property with our surveyor to carry out an inspection,
then our surveyor will draft a schedule of works containing estimated costs to make
the property habitable and ready to let.
We can arrange to obtain competitive quotations from approved contractors and the
works are normally awarded to the contractor who provides the lowest quotation.
Our surveyor will then oversee the refurbishment works from start to finish.
How does the leasing scheme work?
We will lease the property from you and manage the tenancy including repairs and maintenance.
The rental income received during the term of the lease will be used to cover the cost of the work.
Once the work cost has been received, we can continue to rent the property on your
behalf if you wish. In this case, we will give you the rental income minus our management fee.
It's simple. No initial outlay. No upfront fees. No tenancy management issues. You’ll get complete
peace of mind from a reputable and leading Housing Association.
Tenancy Management Package:
Once your property is ready to be let we will manage the whole process including:
Marketing the property
Carrying out accompanied viewings with prospective tenants
Tenancy reference checks
A Money Advisor visit to check the prospective tenant can afford the rent prior
to being offered the accommodation.
Once a tenant is allocated we will:
Take an inventory and photograph the property prior to letting
Sign up the tenant to an Assured Short Hold tenancy
Arrange a welcome visit within six weeks to ensure tenants have moved in without any issue
Ensure utility companies and the council are notified of new occupier details and meter readings.
During the tenancy we will:
Collect the rent offering tenants several ways to pay, including direct
debit, standing order, payment cards, debt or credit card payments. If housing
benefit is being received we can also arrange for this to be paid directly to us.
Apply our rent arrears process if rent is not paid
Serve any legal notices and attend court where necessary
Inspect the property every six months
Deal with all tenancy issues including any antisocial behaviour.
Maintenance during the term of the lease:
All day to day repairs will be carried out by an approved contractor
and the costs added to the homeowner's account
If any major repairs are required to the property during the term of
the lease, the Leasehold Housing Officer will contact the homeowner
to discuss before work is undertaken
Tenants will have access to a 24 hour property maintenance emergency
call out service
Annual gas servicing is arranged and carried out via Empty Homes Wales
The length of the lease will be determined by the works costs.
If the works cost £25K and the rent is £103.56 per week for a 3-bed house in
Caerphilly, you would need to lease your property for 7 years and 2 months. This
term takes into account the 10% management fee payable from the monthly rent.