Social Housing Lease Initiative Long Term
The Long-Term Leasing initiative may be an option for you if you own a house or apartment that is vacant and in good condition. Leasing your property under this scheme takes the uncertainty out of being a landlord for terms of 10-20 years. It is also financially viable with a guaranteed rental income of 80% of the market rent each month.
Some of the benefits to the owner of this option are;
- No management of tenants.
- No rent or arrears collections.
- No day-to-day maintenance of the property.
- No advertising or administration fees.
If you have a property that may be suitable for the LTLS please contact the Housing Department to access an Expression of Interest Form. Following submission of your EOI, a member of the Housing Team will be in contact with you to assess if the property is suitable for the scheme.