Letting to asylum seekers

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    Letting to asylum seekers

    Hi guys

    I am a landlord with some properties. I have been renting out to private people and the local council. However i have heard that renting out to asylum seekers brings in more rent as the government pay for it.

    Has anybody done this or know anything about it as i am considering renting to asylum seekers but want to know if i would actually benefit from it or not.

    thanks

    #2
    Hi IMY

    I have 5 HMO's currently let to loc council for purpose of housing asylum seekers.
    What properties are you looking at ...?
    The rates for small family units are on a par with LHA ...but if you have HMOs then more rent is payable ....approx market rent less 10-15% ...

    This will vary accross areas of UK. But to let on HMO basis you will need to get prop upto a pretty high(HMO) std.

    A large % of AS tend to be single males so AS housing teams do seem to have a stronger demand for HMO prop rather than smaller family lets.

    Most of mine are 8 let units.

    The Rodent
    A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
    W.Churchill

    Comment


      #3
      Thanks rodent im looking at letting 1 bed flats 2 bed flats 3 bed and 2 bed houses.

      Could you give me an example of what they could pay.

      At present a 1 bed will bring in £100

      2 bed £110

      3 bed £120

      Thanks

      Comment


        #4
        Hi Imy,

        What area are you in?

        Jax

        Comment


          #5
          Originally posted by IMY View Post
          Thanks rodent im looking at letting 1 bed flats 2 bed flats 3 bed and 2 bed houses.

          Could you give me an example of what they could pay.

          At present a 1 bed will bring in £100

          2 bed £110

          3 bed £120

          Thanks
          This going to vary greatly accross UK !
          But I have been quoted roughly those sorts of figs for AS

          You need to get onto whoever is responsible for AS housing in your area ...which may not be the council, as contracts were awarded to private companies as well as loc councils. They also have target areas, generally close to office running the contract and close to amenities such as supermarket (to spend vouchers etc) so you will find most require a city center location.


          The Rodent
          A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
          W.Churchill

          Comment


            #6
            Im based in Walsall, West Midlands. JAX

            7 miles from Bham.

            Any rough close figures please Rodent? as i am going to enquire but if there is not much of a difference ill stick to the general public.

            Thanks

            Comment


              #7
              I have no idea what figs will be for your area !
              I was offered £120 pw for a 2 bed if it helps you, i dont do small units to AS only my larger ones.

              The Rodent
              A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
              W.Churchill

              Comment


                #8
                hi rodent

                just wanted to pick ure brain again.

                I might be in the possession of a 20 bed property. I was wondering what sort of rental i should be getting for asylum seekers on this property as i have some1 coming to have a look.

                Please give me some advice on this so i know what to negotiate for.

                Thanks

                Comment


                  #9
                  Guys i deal with wouldn't take it on for AS, as it would be "unmanageable"(in their opinion) they like 4-8 let units, so there is safety in smaller numbers of T.

                  But i would be looking for £40-£50 pw /room depending on size and condition of prop/amenities etc.
                  If prop is that "big" you will need adequate cooking & living space and probably at least 4 toilet/bathrooms ....

                  You need to look a the criteria very carefully b4 geting involved in this one.

                  The Rodent
                  A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.
                  W.Churchill

                  Comment


                    #10
                    Letting to asylum seekers

                    Hi there,
                    I have heard that Home Office is taking properties from private landlords in the Northwest to house asylum seekers under their dispersal policy. Home office is doing this through some private companies who have contract with the Home Office and they pay guaranteed rent for three years. I wonder if anyone can shed some light on this and if true may be provide me some contact details as I have two properties to let in Rochdale.
                    Kind regards,
                    Last edited by north; 07-03-2009, 18:20 PM. Reason: Added more information.

                    Comment


                      #11
                      Contact the local authority or the council (or the Home Office) for the area that your property is located in.

                      Comment


                        #12
                        Thanks Poppy for the reply. It is much appreciated. Is there anyone who has a personal experience of letting to asylum seeker. I will be grateful if you can help me to consider if this is worth it and if you know any private company who has arrangements with Home Office, I think it is called National Asylum Support Service (NASS) and they are taking properties from private landlords in Greater Manchester.

                        Comment


                          #13
                          Warning

                          Originally posted by north View Post
                          Thanks Poppy for the reply. It is much appreciated. Is there anyone who has a personal experience of letting to asylum seeker. I will be grateful if you can help me to consider if this is worth it and if you know any private company who has arrangements with Home Office, I think it is called National Asylum Support Service (NASS) and they are taking properties from private landlords in Greater Manchester.
                          Peronal Message sent

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