Thursday, 31 October 2013

Five Things to Consider before Renting Homes out at Full Market Rates

There is an understandable anxiety about the idea of social landlords diversifying into offering homes for rent at market levels but even as they find new ways to raise funds, their hearts remain true to their social purpose.  The Chartered Institute of Housing spoke with five housing providers that are developing homes for rent at market rates to gather advice on the most important factors housing providers should consider if they are considering developing homes for this new target group. Here are their top five tips…
1.       Know why you are doing it
2.       Know the market
3.       Know that it isn't the same as social rent
4.       Know the risks and how to mitigate them
5.       Know that saying no may be the right decision

Read more on the Guardian website.

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