A brand new letting company, Good Place Lettings, has launched in the present day in London with the objective of providing a extra socially accountable strategy to property administration within the non-public rented sector.
Primarily based on Brick Lane within the East Finish, the company works with landlords to offer high quality properties at each market and reasonably priced rents. This consists of housing for tenants receiving housing profit.
The company is a three way partnership between nationwide homelessness charity Disaster and Glasgow-based letting company Houses for Good. It attracts on a property administration mannequin developed by Houses for Good over the previous decade, which mixes commonplace lettings companies with a deal with moral administration and tenant assist.
Good Place Lettings is a Group Curiosity Firm (CIC), which means any income can be reinvested into serving to individuals going through homelessness or on low incomes entry reasonably priced properties in London.
The company is already working with a gaggle of landlords who supply properties at a variety of lease ranges, together with properties for individuals prone to exclusion from the non-public rental market. Tenants could embody people recovering from housing crises or these on low incomes who’re more and more priced out of native areas.
Begin-up funding for the initiative was supplied by Lloyds Banking Group and The Nationwide Lottery Group Fund.
Ben Rayner, director at Good Place Lettings, stated: “The non-public rented sector in London is below big strain from low ranges of latest provide that are limiting alternative and pushing up rents. It has been very encouraging to satisfy and work with landlords who wish to supply good high quality rented properties at various lease ranges to assist a wider vary of renters with totally different backgrounds, whereas serving to to enhance requirements within the rental market.
“Regulation and reforms to the non-public rental market are making it extra advanced and difficult to be a self-managing landlord, which is why some want to exit the market. We provide another and landlords involved in making a long-lasting distinction to the expertise of personal renting in London ought to get in contact.”
The official launch will convey collectively companions, supporters, and stakeholders to have a good time the company’s mission and ambitions for a sustainable response to the housing disaster. It’ll showcase the work already achieved and the trail forward, outlining how individuals can become involved, whether or not as landlords, or supporters.
Susan Aktemel, founding father of Houses for Good, commented: “At its coronary heart, Good Place Lettings is a values-led enterprise, similar to Houses for Good, pushed by a willpower to make the rental sector a thriving market the place each tenants and landlords get what they want. We’re delighted to convey our mannequin to the London market.
“The staff are dedicated to constructing a repute because the go-to company in London for landlords who need their property rented out simply and ethically, and for tenants who need an reasonably priced residence from an company they will belief.”
