Landlords offered alternative to selling-up amid market clampdown

Landlords considering selling up are being urged to lease their homes to a trust catering for homeless people instead.

With fears that the Government’s new Renters’ Reform Bill may provoke thousands of landlords to selling up their privately-rented properties, leaders at Derventio Housing Trust are urging nervous property owners to consider a move to the social market.

The Derventio Housing Trust provides more than 600 single bed spaces for people who have recently been homeless. 

With a headquarters in Derby, it is seeing an acute need for landlords with more and more people falling behind on their payments and losing their homes amid the spiralling cost of living.

Annabel Flint, procurement manager at Derventio Housing Trust, said: “News of the Renters’ Reform Bill has been met with some trepidation by landlords. 

“Our message is, while we fully support the private rental market and the need for affordable housing in the private sector, for any of those landlords who are considering selling up, the Derventio property leasing scheme may be an attractive alternative option. 

“As a registered social landlord, Derventio Housing Trust is exempt from needing Section 21 notices, ASTs or even minimum EPC ratings, so those elements which may be making private rental landlords feel nervous would no longer be a concern.”
 

Derventio Housing Trust offers a leasing scheme for landlords that guarantees rent for the whole term of the lease, with no voids, no court costs or evictions to worry about, no tenant damage to rectify, no fees, weekly inspections and an excellent property management service. 

Flint added: “Through leasing with us, we think landlords will have more security and potentially avoid any turbulence in the private rental market.

“I’d like to encourage any landlords with available properties to please give us a call to discuss the benefits of leasing with us. Not only can we offer you rent security and hassle-free property management, but also the benefit of knowing you are providing a home for someone greatly in need of one.

“Soaring cost of living costs, and the aftermath of Covid, have had a serious effect on many people who after falling behind on their rent have found themselves without their home.

"Anyone’s life can take a turn for the worse and we are here to try and provide homes when people need them. To do that, we would love to hear from any landlords who feel they’d like to lease their properties through us. Demand for our services is only growing and the more properties we have available, the more people we can help.”