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‘Peer Landlord Croydon’ scheme to tackle homelessness

RLA
Written by RLA

The charity, Thames Reach, has launched the ‘Peer Landlord Croydon’ scheme to tackle homelessness in the local area…

The charity, Thames Reach, has launched the ‘Peer Landlord Croydon’ scheme to tackle homelessness in the local area.

The scheme – which can spend up to £25,000 per property – aims to get landlords with empty properties on board, and gives them to opportunity to renovate their properties and rent them out to people in need.

Thames Reach has requested that landlords with empty properties in Croydon, who are willing to rent them out to people living on minimum wage levels, to come forward. Each property will be rented out to tenants, between the ages of 25-34 years, who are making active steps towards employment.

Not only will the scheme provide much needed housing for vulnerable members of the community and reduce the number of empty properties, but landlords who sign up to the scheme can benefit from a regular income from Thames Reach. The scheme is funded by the GLA’s Empty Homes Scheme.

Thames Reach director, Bill Tidnam, said: “We’re looking for landlords who have properties that need work before they’re ready for letting. We’ll do the work with the help of the new tenants, and guarantee rent levels for the landlord.

“Peer Landlord Croydon is a great opportunity for people who have been homeless to help themselves, as well as an opportunity for home owners to turn a liability into an asset.”

Further Information

Are you a landlord with empty properties in Croydon? If this is a scheme that interests you, let us know your thoughts and leave a comment below…

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RLA

The Residential Landlords Association (RLA) represents the interests of landlords in the private rented sector (PRS) across England and Wales. With over 23,000 subscribing members, and an additional 16,000 registered guests who engage regularly with the association, we are the leading voice of private landlords. Combined, they manage almost half a million properties.

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