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The ‘Out of London’ schemes Adrian Leach - Director Business Development.

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Presentation on theme: "The ‘Out of London’ schemes Adrian Leach - Director Business Development."— Presentation transcript:

1 The ‘Out of London’ schemes Adrian Leach - Director Business Development

2 Overview of HCR 82 staff in Basingstoke Started 1982 Pays £75 million a year rent / utilities for clients Turnover £5.1 million in management fees 106+ local area consultants Independent

3 HCR Property Search scheme 1.Start Conversation 2.Confirmation with Housing Officer 3.LHA confirmed 4.Local Area Consultant briefed 5.Undertake Property Search 6.Accompanied viewing 7.Property selected 8.Tenancy Negotiation for AST 9.Accompanied Move In 10.Utilities set up 11.Feedback

4 Fully Supported Scheme As Property Search but with these differences – HCR Tenancy with sub-lease for occupant Guaranteed rent to landlord 2 years+ TA Deposit paid to HCR to hold for occupant Through occupancy support Transitional end of term support to AST Dilapidations Management Provision of References

5 Fees Property Search – 2 properties £ 475 / case –Tenant/Borough pays deposit/rent as required –May have to pay Letting Agent fees Fully supported – 2 properties £ 1100 / case –Deposit of 6 weeks rent –Advance rent bond of 2 months – refundable –No Letting Agent fees Quotes for Removals, Property adaptations, furniture rental, area recon visits, etc.

6 Audience Participation Q1: What do you think are the reasons for providing relocation to HB claimants? Q2: How would you identify and select suitable applicants? Q3: What are the issues that may be faced in providing a relocation option yourself.

7 Questions & Answers


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