Cromwood housing

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    Cromwood housing

    Hi has anyone heard of cromwood housing Association.I am just to about to let my house to them on a guarantee rent scheme.Has anyone else done this ? And have they had any problems ?

    #2
    The consensus on here is don't do it for any housing association.

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      #3
      Agree with Moy, wouldn't entertain any guaranteed rent scheme

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        #4
        Why is that ? Because they don't look after the property ?

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          #5
          Your a landlord be a landlord, people I know that have been down this route ended up with diner being a bedroom and ended up them renting to 4 individual tenants. Another didn't know them but ended up with 11 in the house. what is the property you are renting? and where?

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            #6
            https://www.indeed.co.uk/cmp/Cromwood-Housing/reviews is this them

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              #7
              I think the advice is avoid rent to rent, even when it isn't a housing association.

              With a housing association, the person occupying your flat, who won't be your tenant, will be someone who is totally unacceptable to the private rental sector. If you are very lucky, that will purely be for financial reasons, but my experience of a neighbouring such flat is that there usually more worrying reasons.

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                #8
                There are 4 Cromwood xxx's with Companies House, one dissolved. Directors seem to have loads of companies.
                I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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                  #9
                  I thought I would be OK with an association

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                    #10
                    Well, simply ask for a personal guarantee from a credit-checked, property owning, Director.
                    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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                      #11
                      Originally posted by craig2222 View Post
                      I thought I would be OK with an association
                      As others have said -- **never** do this. Pick your tenants YOURSELF, protect their deposit YOURSELF, provide PI and other things YOURSELF. Anything else will land you in a heap of trouble.

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                        #12
                        Originally posted by craig2222 View Post
                        I thought I would be OK with an association
                        Read various threads on here. The advice is always the same. Don't do it.

                        ​​​​​You may get lucky and have no issues. You may get your property back when you want it. It may be in the same condition as when you handed it over. The neighbours may be perfectly happy with the situation and won't be cursing your name.

                        But likely you will have issues!

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                          #13
                          The simplest way to decide if this kind of scheme is a good idea is simply to ask yourself the question, if this company can make decent money renting from me and letting to other people, what does it need me for?

                          A profitable and well run business could buy properties and let them out. Renting from a landlord is an inefficient way of obtaining properties to let.
                          More realistically, it's done this way because the business can't get credit to buy properties, which should be a more pressing worry for anyone trading with them.

                          This doesn't apply to local authorities who aren't allowed to invest in residential property in the same way that a business can.
                          When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
                          Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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