Would you like to put something back into the community and help households find affordable housing and help us to tackle a shortage of housing in the City and prevent homelessness? Working directly with our Access scheme, we can provide the following service FREE of charge:
Access Scheme Information.
There are two options under the Access scheme which are managed by Housing Options. These are a bond guarantee for private rented accommodation or leasehold.
The bond guarantee scheme.
The bond scheme is a guarantee to landlords that Portsmouth City Council will cover damage and loss to the property up to the value of one calendar month of rent. It does not cover wear and tear or rent arrears. The bond lasts for the first 24 months of the tenancy.
Are you looking for a guaranteed rent each month, without having to lift a finger? If that is the case our leasehold scheme could be the one for you. Housing Options provides a full management service, including regular day to day management to ensure that your property is well maintained and in the same condition as when you signed the agreement with us.
The amount of rent you receive is less than the current market rent, but we feel this is still great value for anyone who just wants to see the value of their assets grow, have a regular income, but without any headaches.
The property would need to be unfurnished with just floor coverings. No white goods should be left in the property. A current Energy Performance Certificate along with Gas, Electric & Asbestos certificates will be required for the property. Also a survey would need to be completed to ensure that the property is free of any damp issues.
We currently have around 40 properties. The properties are leased from owners for a period of 3-5 years; with the option to renew after the intial period.
Portsmouth City Council collect rent from the tenants, manages the tenancy and any issues. Portsmouth City Council is responsible under the lease for repairs to the property. If any major repairs are required i.e. structural issues or replacing heating systems the owner would be contacted to discuss the works and arrange to get the required work completed.
Under the lease there is a 6 month break clause which means either Portsmouth City Council or the owner can activate the notice period. The property is handed back to the owner in a similar decorative state and condition to when the property was leased.