Housing Association/Council Schemes in North West and North East
Property Investment

Qaribbean
Qaribbean
1 Thanks
16 Posts
2 months ago
0

Hi All,

I'm in the process of research on securing potential BTL properties in the Greater Manchester and Greater Newcastle areas.  I should be hopefully in a position to have capital raised for potentiaal offers within the next 3 months but I'm keen to get insight from anyone on housing/tenancy schemes in those areas.

I'm based in London and currently have a FT career and as such I'd need to be fairly handsoff with any properties in those areas, having them fully managed.  I've recently advertised for tenants on the rental property I have down here in London as my long term tenants (5 years) will be moving on; I was surprised with the high level of interest on the property and the number of potential tenants who made it openly clear they receive universal credit and as such would have the government cover the full cost of rent - I have no issue with this, I don't exclude those receiving any benefit as the current tenants do.

I received a message from someone ho worked for a housing scheme attached to a neighbouring council who said they would be able to provide a tenant they have on their books, all checks would be covered, rent would be paid by them and they would gurantee tenancy, which obviosuly sounds great.

I'm interested in learning more about similar schemes in those regions I mentioned as given the distance from me, guaranteed rent and occupancy is of most interest.

Thanks!

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