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National scheme wants landlords to lease homes to councils

Details have been released of a scheme seeking to encourage private landlords to lease their properties to local councils.

The scheme in Wales is being coordinated by the Welsh Government and has so far won the support of 15 individual councils.

Landlords taking part in the scheme are offered a long term lease of five to 20 years, with guaranteed rental payments for the length of the lease at the relevant Local Housing Allowance rate, less an agreed management fee.

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