First People Housing CIC: How We Work With Landlords
Rent & Finances - The Nuts and Bolts (With a Twist of Assurance)
At First People Housing CIC, we aim to make being a landlord as easy as Sunday morning. Here’s how we work with you when it comes to money matters, compliance, and property peace of mind:
Guaranteed Rent - Rain or Shine
- We offer a guaranteed rent model. That means:
- You get paid on time, every month, no exceptions.
- Even if a property is void (i.e., between tenants), you still receive the agreed rent.
- No chasing payments, no rent arrears, no headaches.
Important to note
As a Community Interest Company working alongside public services, we are only permitted to pay commercial rent compatible with market rates.
The amount we can offer is always verified by the relevant Local Authority’s Rent Officer, ensuring it aligns with market standards and public funding rules.
Think of it as direct debit meets due diligence - dependable, fair, and transparent.
Lease Terms - Flexible and Fair
We typically sign 3-5 year leases, offering you long-term income stability.
We’re open to discussion on break clauses and reviews, depending on your needs.
Properties are let as fully managed - so you don’t have to lift a finger (unless it’s to sip your coffee).
Financial Transparency
Full financial agreement clearly outlined up front.
Regular updates, reports, and invoices provided.
We’re a CIC - so we reinvest our profits into housing and support, not shareholders
Social Impact - A Bonus for Your Legacy
When you partner with us, you’re not just earning income - you're helping tackle homelessness and housing inequality.
And you can tell your mates you’re a property mogul and a do-gooder.
Maintenance & Repairs - Sorted
Minor repairs and day-to-day maintenance are covered by us.
For larger works or structural issues, we’ll liaise with you, but we’re proactive and responsive.
We conduct regular inspections and keep the property in good condition.
We treat your property like a home, not a revolving door.
Property Requirements - Compliance First
All properties must be HMO licensed with the local authority.
This registration is a legal requirement and must be secured by the landlord.
We’re happy to offer advice on the process, but the responsibility for HMO licensing lies fully with the landlord.
We’re all about working in partnership, but we also need to dot the I’s and cross the regulatory T’s.
Tenants - Carefully Selected and Supported
Our tenants come via referrals and partnerships with local services.
We provide support services, ensuring they sustain their tenancies.
This adds an additional layer of stability and reduces wear-and-tear risk.
You’re not just letting a property - you’re supporting lives, safely and sensibly.
Let’s Chat
We’re happy to meet, talk through the lease terms, and tailor things to suit your needs. No jargon, no fluff - just a solid, dependable partnership.