A standard Long Term Lease is an agreement from a Local Authority or Approved Housing Body (AHB) to lease a property from a property owner for aLong Term Lease Agreement • November 27th, 2019
Contract Type FiledNovember 27th, 2019Term ofArrangement · 10-25 years Properties Required · Minimum of 1 property· New or previously occupied properties in good condition· Range of property types required Rent · Approximately 80% - 85% of open market rent· Paid monthly· Payments guaranteed for the lease term· No rent loss due to void periods· Rent reviews every three years Internal Maintenance · Local Authority's/Approved Housing Body's Responsibility Structural Maintenance · Property owner's Responsibility Tenant Management · Local Authority's/Approved Housing Body's Responsibility
A standard Long Term Lease is an agreement from a Local Authority or Approved Housing Body (AHB) to lease a property from a property owner for aLong Term Lease Agreement • November 27th, 2019
Contract Type FiledNovember 27th, 2019Term ofArrangement · 10-25 years Properties Required · Minimum of 1 property· New or previously occupied properties in good condition· Range of property types required Rent · Approximately 80% - 85% of open market rent· Paid monthly· Payments guaranteed for the lease term· No rent loss due to void periods· Rent reviews every three years Internal Maintenance · Local Authority's/Approved Housing Body's Responsibility Structural Maintenance · Property owner's Responsibility Tenant Management · Local Authority's/Approved Housing Body's Responsibility