Guaranteed rent for Edinburgh landlords with the City of Edinburgh Council PSL Scheme
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Edinburgh’s Private Sector Leasing (PSL) scheme is creating much-needed emergency housing while providing landlords with guaranteed, long-term rental income.
As well as providing safe accommodation for over 1800 households throughout Edinburgh, PSL also created 543 new tenancies last year.
To expand this essential service, C~urb PSL is offering landlords their best-ever rates on new leases and renewals.
Enquire online today to request an email rental valuation for your Edinburgh property.
“It could not be easier”
Lucy, a long-term landlord with C~urb PSL said: “I have been a landlord with PSL for a number of years and have always had an excellent experience. The rent is always paid on time with no void periods, any repairs or maintenance issues are dealt with promptly and efficiently by their excellent team. I also have peace of mind that they regularly inspect the properties and ensure they are compliant with all the regulations. It could not be easier.”
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“All we had were bags of clothes”
Ana moved into a PSL property when she found herself homeless with two young children. With nowhere to turn, Ana approached the City of Edinburgh Council for help. Through PSL, the Council was able to house the family on the same day.
Ana said: “All we had with us were bags of clothes. C~urb PSL staff helped me to apply for housing benefit and brought us to the property. It was clean and in very good condition – it was such a relief.”
“Getting a home through PSL has allowed us to build a community of friends. My children are in local schools, we are safe and have no anxiety about our living situation. Despite what people might think, people who end up homeless are often just families who find themselves in hard situations. It could happen to anyone.”
Private Sector Leasing
For landlords and property investors, PSL provides increased certainty when leasing a property. Rent is paid to the landlord quarterly in advance, even if tenants don’t pay or the property is empty through no fault of their own.
PSL was established in 2005 by the City of Edinburgh Council and homes are fully managed by C~urb PSL at no cost to the landlord. C~urb PSL also provides a range of support services for tenants. Over 1,800 properties are currently on the growing scheme.
Properties are leased from private landlords to the Council and sublet to those in need of housing. The Council funds the management cost, so landlords benefit from free letting agency services. Landlord benefits include:
- Guaranteed rent paid quarterly in advance, even if the tenant doesn’t pay or the property is vacant through no fault of your own
- No void periods
- No management or advertising fees
- Tenant damage covered beyond fair wear and tear
· Long term leases of 3 or 5 year lease
- Lease with City of Edinburgh Council
- ISO accredited maintenance service
Regular tenancy visits with highly trained Housing Officers
Find out how much rent your Edinburgh property could achieve. Contact C~urb PSL on 0330 303 0087 or [email protected] or visit www.curb.scot/PSL to request an email rental valuation for your property.
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