The demand for rental property is huge at this moment across the country. At Just Lets Peterborough, we keep in touch with what is happening across the country, but of course, we keep a close eye on what is happening in Peterborough.

The demand for rental property is significant, but a new move by the local council means that further pressure is likely to be placed on the supply of rental homes.

There is demand for rental accommodation in Peterborough

The council is calling on landlords with three and four-bedroom homes to step forward and help the council assist homeless people. This is a good move by the council, and one that will hopefully benefit the whole Peterborough population, but it is something landlords and prospective landlords need to consider if it is worth their while.

Peterborough City Councillor Marco Cereste, who is the cabinet member for housing at Peterborough City Council, said: “We desperately need more three-bedroom and four-bedroom homes in the city that are affordable to homeless families. We already work successfully with over 40 different landlords in the city since we started the Landlord Incentive Scheme back in 2019 to give homeowners the peace of mind they need. By working with us you can put your property to good use to help our city’s community, by offering a home for a homeless family – while getting a steady market rent and support from the city council.”

The council is looking for:

  • Self-contained properties of all types and sizes – in particular three-bedroom and four-bedroom properties
  • Properties in a good state of repair with a well-maintained heating system
  • A valid gas safety certificate from a Gas Safe registered installer
  • A valid electrical safety certificate from an electrician registered with a government approved body such as the National Inspection Council for Electrical Installation Contracting (NICEIC)
  • A valid energy performance certificate
  • A 12-month fixed term assured shorthold tenancy

This is a lengthy list of criteria, but these are the features landlords must have in place for their rental accommodation. At Just Lets Peterborough, we know the challenges landlords face in Peterborough, and we are on hand to assist you as best we can. We aim to connect landlords and tenants in an effective manner, but we also manage property on behalf of landlords.

This means we liaise with prospective tenants, vetting all candidates on your behalf. This gives you considerable confidence in only letting the most suitable candidates into your home. We know many landlords are concerned about the suitability of tenants, but this is an area where preparation work makes a massive difference.

If you are looking to connect with tenants while someone does the hard work on your behalf, we are here to assist you, so get in touch to discuss your needs.

Just Lets – Here to Help

If you are a landlord in or around Peterborough, and you need assistance in managing your rental property, we can help. We know these are challenging times for landlords, but there is a demand for rental property. When you need guidance in the local market, contact Just Lets Peterborough today, and we will be happy to help you.

The team at Just Lets Peterborough continue to operate remotely to ensure we can continue to serve you and your tenants throughout this covid period and beyond.  Please contact us through our usual channels – email us at peterborough@justlets.com or call us today on 01733 346255.

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