NetRent

New bid to get landlords to long-term lease properties to councils

The Welsh Government has announced a £30m pot from which councils can pay for easing properties from private landlords.

Under the Welsh Government’s new Private Rented Sector Leasing Scheme, launched today, landlords or owners of empty homes will be encouraged to lease properties to local authorities in return for a rent guarantee and funding to improve the condition of their property.

Local authorities can then use these units to provide affordable and good quality homes for people at risk of or experiencing homelessness.

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