Northampton Borough Council sets out vision for ethical social lettings agency
Northampton Borough Council is moving forward with its plans for developing a social lettings agency, which aims to transform the lettings market in Northampton.
The social lettings agency will support the Council’s efforts to improve the standard of accommodation and management in Northampton’s private rented sector, bring empty homes back into use, prevent people from becoming homeless and reduce the number of homeless families living in bed and breakfast accommodation.
It will do this by leasing properties from private owners for up to seven years and by letting and managing accommodation, on behalf of owners, in return for a management fee.
Cabinet Member for Housing and Wellbeing, Cllr Stephen Hibbert, said: “With the need for affordable housing increasing, the Social Lettings Agency is being developed as part of the Borough Council’s commitment to improving communities and our town as a place to live.
“By charging low fees and offering excellent service and longer tenancies, we are hoping that the social lettings agency will not only offer landlords and tenants a better deal but it will also encourage other letting agents in Northampton to raise their game”.
The social lettings agency is seeking to manage up to 100 properties during the first year of operation and hopes that the first tenant will be able to move in by January.
At this stage, the Council is especially keen to talk to the owners of empty properties in the borough – including those that require up to £6,000 of work to bring them up to a lettable standard – who are interested in leasing their properties to the Council for three, five or seven years.
Landlords who would like to find out more about the Social Lettings Agency and its fees and leasing / management arrangements, can get in touch with Robert Endersby on 01604 838117 or by emailing [email protected]