Empty home support for homeowners
We are looking to support owners of empty homes to bring properties back into use within your Local Authority region by leasing them.
Opportunities for homeowners
We are looking to support owners of empty homes to bring properties back into use within your Local Authority region by leasing them. This benefits homeowners, the Local Authority, those seeking accommodation and citizens at large by making use of empty properties.
Homeowners have the comfort of working with an experienced service company who will fully-manage and fully-let their property for a period greater than five years. All upfront costs to bring properties up to standard are borne by Serco and paid back by homeowners within a pre-agreed model (for example, deductions from future rental income). Once our initial outlay has been recouped, the homeowner benefits from 100% of the rental payments from tenants, whilst Serco will continue to manage the lease for you without any additional administration or management fees.
Our lease offers a robust package to existing owners of empty properties, the following is a summary of our offer:
Preferred property criteria
Serco’s preference is that properties are in a location which ensures our occupiers have access to local services, for example:
Close to public transport links
Close to schools and health services
Close to shops and places of worship
Preferably not above commercial premises or next to pubs or night clubs.
Please note the property will be submitted for consultation with Local Authority.
About Serco Group plc
Serco Group plc are a global, FTSE 250 company which specialises in the delivery of essential public services. Our broad cross sector and international experience means we can transfer emerging best practice, share new service innovations, and improve the performance of the public services we manage. A strong public sector ethos runs through our organisation which is why you will always find our people are motivated to make a positive difference.
Our experience in Housing / Accommodation
In the UK, our organisation has been operating within the housing/accommodation market for over a decade, managing an exclusive accommodation contract on behalf of Central Government across the North West, Midlands, and East of England. We have extensive knowledge in relation to the identification and refurbishment of properties that have been out of use for long periods of time (six months or longer) and deemed to be either uninhabitable, or too costly to repair for the owner. We are known for delivering the highest standard of service and support to existing owners of empty properties, landlords, local communities, and those in need of appropriate accommodation.
Need further information?
If you are an existing owner of an empty property and are interested in knowing more about our offer, please get in contact with us for an informal discussion to understand if our offer could work for you.
For further information please email [email protected]. Alternatively, you can contact Colin Brown on 07738 896047.