Hello Empty Homes colleagues
We are currently looking at setting up a lease and repair scheme here at Plymouth City Council. We don’t maintain any housing stock and so would be looking to partner with a letting/managing agent – who would also deliver the renovations to a property before recouping the cost through letting. The cost to be recovered would be in the form of an interest free loan from ourselves, repayable over a number of years.
If any of you run a similar scheme, I wondered if you could share how it is structured, and specifically any forms/agreements you have in place.
Things like the initial EOI form, any pro forma for assessment of proposed properties etc., the lease agreement (one assumes between owner and LA) and any agreements that exist between you, the owner and the letting/management agent?
We are also looking to run an EDMO scheme along similar lines (not having been able to up to now as we have no way of managing the property). Any info on EDMOs run in a similar way to L&R would be great as well!
What seems a fairly simple prospect becomes complex when needing to consider covering all parties, and money being involved! I know every LA/HA/L&R package will be unique, but any info as a starting point would be appreciated. It seemed sensible to have some form of rough template to work from rather than inventing it all from scratch…
If anyone has any experience/documents/policies they would be willing to share, could you contact me direct on email@example.com
Thank you all in advance!