Private Sector Leasing opportunity for Edinburgh landlords
![You don’t need to choose between profit and a positive social impact, with long term leases and no voids.](https://www.edinburghnews.scotsman.com/webimg/b25lY21zOmRmODIyNjNlLWIyN2UtNDgyMy1iYzIxLTBhYTA2YjcyZjYwZDpiZWE5NzYyYS00YTYzLTRiZWUtYjZhOC0xNWQwNzE5NDAxNTg=.jpg?crop=3:2,smart&width=640&quality=65&enable=upscale)
![You don’t need to choose between profit and a positive social impact, with long term leases and no voids.](/img/placeholder.png)
For many landlords and property investors, achieving a fair rental income is a top priority, whilst for others it might be creating a positive social impact with their investment. With PSL, you don’t have to choose between the two.
Your property is let to The City of Edinburgh Council through PSL, creating a supply of safe emergency accommodation across the city, while you receive a guaranteed rental income based on current market rents. The council also funds the management costs, so property owners get a professional management service at no cost whilst helping those in need.
Over 1,000 landlords currently let their Edinburgh property through PSL. The scheme has been managed by Link Housing Association since 2010. Benefits include:
- Guaranteed rent paid quarterly in advance (even if the property is empty through no fault of your own)
- Market-linked rental assessment
- No void periods
- No letting agency fees
- Tenant damage covered beyond fair wear and tear
- Regular property visits
- 3- or 5-year lease
- ISO-accredited maintenance service
- Optional repairs service
- Trouble free investment management
Ken, a current landlord with Link PSL said: “Link's PSL scheme is a godsend for landlords looking for trouble free management. I have half of my property portfolio on the scheme, and this is the half I can most relax with. There are no voids, rents are paid three months in advance without fail and there are no issues regarding getting your property back at the end of the contract. Staff are professional, courteous and helpful!
“I have been a serial landlord for almost 20 years and can honestly say that Link PSL has saved me through each property downturn. A guaranteed income for 3 or 5 years paid in advance with no voids - it can't get any better!”
For property investors seeking long-term investment with potential for capital growth and competitive rental yields, PSL provides a hands-off opportunity with complete property management and guaranteed rental income for three or five years. Investors who prefer to manage repairs themselves can do so.
Find out more at www.linkhousing.org.uk/PSL or email [email protected] to request a call back for a no obligation informal discussion about letting a vacant property or portfolio through the scheme or selling a vacant property to Link PSL for the scheme.
Link also offers quality build to rent portfolio management and affordable factoring services.
Link PSL is accredited with Landlord Accreditation Scotland and a registered Letting Agent under the Letting Agent Registration (Scotland) Regulations 2016 (Registration Number LARN1907019).