Leasing Scheme Wales
Unlock the benefits of Leasing Scheme Wales in Merthyr Tydfil
Whether you are an experienced landlord with multiple properties or you have recently acquired a property perhaps through a relative or change in circumstances, Leasing Scheme Wales could be for you.
Leasing Scheme Wales (LSW) is a leasing scheme funded by Welsh Government and managed by local authorities. The scheme provides you with the opportunity to lease your property to their local authority for hassle free guaranteed monthly rental income.
Benefits for property owners:
- Hassle free guaranteed rental income for the length of the lease (at the relevant Local Housing Allowance rate) – meaning no rent arrears and no voids.
- Up to £25,000 grant to bring the property up to rental standard.
- Up to £5,000 grant to increase your property’s energy rating. (Subject to eligibility and availability)
- Leases of between 5-20 years.
- Property inspections, repairs and maintenance covered (subject to reasonable wear and tear).
- Full management of the property and tenant for the lifetime of the lease.
Get in touch with your expert local team of housing advisors.
Our housing support team are ready to take your call and can answer all of your questions about the scheme. Once you’ve decided whether it works for you, we can then help guide you the rest of the way.
Call us today: 01685 725000
Email: HousingGateway@merthyr.gov.uk
Further information
For more detailed information about Leasing Scheme Wales, please see our further guidance page.