Innovative new scheme provides sustainable housing

Friday 4th September 2009

Brighton Housing Trust is launching a new innovative scheme designed to maximise the use of the private rented sector in providing sustainable housing solutions that will benefit both tenants, landlords and agents.

The Studio Flat Leasing Scheme will provide three-year security, a decent market return, guaranteed payments regardless of vacancies and non-payment of rent, and a guarantee that the property will be returned in good condition, allowing for reasonable wear and tear.

The Studio Flat Leasing Scheme manager, Phil Oakley, who has 25 years experience of housing management in both the social and private rented sectors, said: “We realise that what landlords and agents want are reliable tenants. The scheme is aimed at tenants who are ready for the move into the Private Rented Sector. We will provide them with all the practical support and information they need to make the final move to full independence. Landlords will not need to worry about their property because of the guarantees we will offer.”

BHT Assistant Chief Executive, John Holmstrom, said: "Everything coming from government, both nationally and locally, identifies the private rented sector as the cornerstone of meeting housing need in England. In Brighton and Hove this is particularly the case as 24% of all homes are in the private rented sector. Due to issues of affordability, many people cannot get on the home ownership ladder and the private rented sector is the only solution available to them".

"We see this scheme as been the cornerstone of some of the employment initiatives we are involved with it. There are people in work who are in housing need who will benefit from this scheme. We see that the skills gained through our support services that underpin the Studio Flat Leasing Scheme will provide the core qualities required for individuals currently out of work to gain employment".

Posted by Kim for BHT (Brighton Housing Trust)