Private Sector Leasing
Private Sector Leasing Scheme London
Are you a landlord in London looking to guarantee your rent through a private sector leasing scheme? City Borough Housing has longstanding relationships with all the London boroughs, and we offer a number of added benefits including FREE professional property and tenant management, zero-fee maintenance and repairs, fully inclusive periodic property inspections and your property returned to you in its pre-let condition, allowing for fair wear and tear.Get your FREE valuation
Is all it takes to start enjoying guaranteed rent and peace of mind.
Enjoy fee-free management u0026 guaranteed rent for at least 3 years.
No management fees, no hidden charges. Just the best possible yield.
Why choose City Borough Housing for your private sector leasing scheme in London?
Three reasons why City Borough Housing makes a top choice for a council private sector leasing scheme…
Property Management & Maintenance INCLUDED
Our private sector leasing scheme includes professional property management PLUS everyday repairs and maintenance at NO extra charge.
Service Promise – Quality Care GUARANTEED
At City Borough Housing, we’re known for our A-class service, delivered by a team that’s dedicated to taking care of your property from day one.
Cashflow Certainty – for the LONG TERM
No more chasing rent or juggling void periods. With our private sector leasing, London landlords are paid the same day every month by standing order, even during voids.
The Private Sector Leasing Scheme London Landlords Rely on
If you’re looking for a private sector leasing scheme that’s backed by an unbeatable service promise, you’ll find it here.
Many London councils, such as Lewisham, Bexley, Tower Hamlets, Westminster, Waltham Forest and Newham, are operating private sector leasing schemes in a bid to tackle homelessness and reduce the costs of temporary accommodation. By joining such a scheme, you will be helping to tackle homelessness in your local area.
There are extended benefits to be enjoyed by letting via City Borough Housing. These include general maintenance and repair costs being covered for the duration of the agreement, as well as your property being returned in its pre-let condition, less fair wear and tear.
All it takes to get started is your property’s postcode and number of bedrooms, and we’ll make you a fair guaranteed rent offer under our private sector leasing scheme.How it works
Looking for guaranteed rent in London?
When you never have to worry that your rent is being paid on time every month, or about how you’ll tackle those times when your property isn’t tenanted, you can finally relax. And that’s precisely what you get to do with City Borough Housing.
Think of City Borough Housing as your property management partners. A friendly, helpful team, fully focused on providing you with a tailored, customer-driven service. Taking care of you, and your property, from the outset and for the entire duration of our agreement.
We’re here to make sure that with private sector leasing, London landlords are able to enjoy complete peace of mind.
With flexible lease periods from 3-7 years, inclusive periodic property inspections to check your property is being taken care of as it should be, and a dedicated team to take care of your tenants and property day-to-day with no fees to pay, you’ll have all you need to make your life as a landlord so much easier.About us
What our clients say
Our latest success stories
landlord in Catford, London
“City Borough Housing are fantastic to work with. They are efficient and always helpful. If there is an issue, then you can work through the problem together in a mutual way to always come out to a positive outcome. A special mention to Jan who is always a pleasure to work with. I cannot recommend them high enough.”
landlord in Medway, Kent
“I have worked with City Borough Housing for over two years. During this time, I have found the service provided by City Borough Housing to be professional in all my dealings with them. I will like to express my gratitude to Jan and her team for the excellent manner with which they have dealt with all my enquires relating to my properties. Issues are dealt with swiftly and on time. She is very courteous, efficient and attention to details in all my communication with her. All payments are on time every month.”
landlord in Catford, London
“City Borough has provided me with a professional services and I will not hesitate to recommend them anytime.”
London Private Sector Leasing Scheme FAQs
Learn more about our London private sector leasing scheme, how it works, the types of properties we’re looking for, and how our team makes it their personal mission to make your life easier, and take care of your buy-to-let investment.
When you rent your property through our council private sector leasing scheme, City Borough Housing becomes your tenant. We pay your rent on the same day each month for a period we agree between us, usually between three and seven years. Even if there are no tenants in the property or the tenants are not paying their rent, we will continue to make your rental payments.
Once you’ve placed your property in our care, we will then rent it out through one of the London local authorities or housing associations with which we hold a longstanding rental relationship. This is what’s known as private sector leasing. London landlords are then able to take a back seat with their investment, as we take care of everything.
From day-to-day tenant queries, maintenance and repairs, and overall property management, you’ll find it all professionally covered.
Local councils that lease from private sector landlords will often include minor maintenance works in their agreements, but will not usually cover the majority of maintenance and repairs as we do. What’s more, they won’t always promise to return your property to you at the end of the agreement in the condition it was in at the start. Mostly they will say the property will be returned, ‘allowing for the length of the let plus fair wear and tear’. So you may find yourself facing costs to bring the property back up to rentable or saleable standard.
We also include quarterly property inspections in our private sector leasing scheme, allowing us to keep track of how your property is being treated during the tenancy.
All our London landlords are paid a fair rental value based on the property type and size, and where it is situated within London.
Whilst this may not be full market rent, the fact that our private sector leasing scheme includes free professional management, as well as covering the costs of everyday maintenance and repairs, quarterly property inspections and returning the property in pre-let condition at the end of the agreement, makes it exceptional value.
We accept properties from private residential landlords and developers across most London boroughs such as Lewisham, Bexley, Tower Hamlets, Westminster, Waltham Forest and Newham.
The most common types of properties we take on tend to be 1-4 bedroomed, self-contained homes, but we are asked by London local authority housing departments and housing associations for other types of properties from time to time.
Once your rental valuation has been issued, we’ll inspect your property to ascertain whether there’s anything that needs bringing in line with safety and regulatory standards. We’ll also ask for a number of compliance documents, for example an Energy Performance Certificate (EPC), a Landlord Gas Safety Record (LGSR), and an Electrical Installation Condition Report (EICR). Other documents may also be needed. If they are, we’ll let you know.
As soon as the inspection process is finalised and we have all we need safety and compliance wise, we can then proceed to agreeing terms and get the council private sector leasing agreement signed. This can take as little as 48 hours.
For the duration of our private sector leasing agreement, we will manage all the everyday repairs reported by the tenants or identified during our quarterly property inspections.
Things such as tripped electrics, leaks, broken locks and general maintenance will all be both managed and paid for. We don’t manage the likes of outdoor repairs, however, so anything to do with roofing, fencing or exterior walls, for example, will remain your responsibility.
Remember, if you go direct to your local authority and sign up for their council private sector leasing scheme, you may be expected to cover the costs of general maintenance, as many will only cover certain minor works.