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Housing the Homeless and Local Housing Allowance - YouTube
Channel: Property Investments UK
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play see we've touched on this already
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but I want to go back to it because it's
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I think is really interesting
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you've worked I know with me and
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probably with other people and other
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organizations you have worked to house
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homeless applicants before and some
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really quite vulnerable people and know
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some of the services that I preferred
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over t you have been street sleepers
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long-term rough sleepers veterans in
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quite poor mental and physical health
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conditions and they have been thrilled
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to move into properties and thriving and
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have that opportunity and that must be
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for you as a letting and management
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agents that must be that's going over
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and above really are you taking on quite
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a lot of work that's yeah you know
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that's not the kind of thing you're
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gonna give the paper to and never see
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them again Hillary yeah just receive the
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read yeah I don't know of any other
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agent in much that does it that would be
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honest and anybody we speak to what
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those side that's a become very
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rewarding and again I suppose if you are
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using adequate referencing procedures
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and you know rough sleeping homeless
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person is probably not going to pass a
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credit check you don't do anything yeah
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that is always you care you can have a
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look and speak to organizations who
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upper house working with the tenant you
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can as we've talked about in a previous
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question you can look through potential
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documentation that they might have and
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try and explore their history so you're
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not going to reference them in the same
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way as you will know a traditional
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applicant absolutely you don't still do
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something to get better picture about
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the person and and again got feeling
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will tell you do I think this is gonna
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work out
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yes we again have an extensive list of
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questions but they're they revolve
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around mental health drinks drugs
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support have you been imprisoned social
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workers care
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you know so we've got a full background
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and they're always used a very honest
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like probably some too honest and again
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you know we've got to look at their
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situation can we help them by first if
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admin with a home but then not
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supporting them all the time well you
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know should they need anything now we're
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gonna be able to communicate with them
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and support them if you have an issue
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because the last thing anyone wants to
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do is set some room to fail and that's
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that's the problem I've had it then when
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asked when a secured housing for people
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and have they not been ready or the
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supports not been in place but I think
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in allowing what you're doing at abode
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you've just having this kind of small
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subsection of your business but you know
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reserved for this time group is
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amazing it as you say I don't know of
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any other agents in the local area that
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provide that type of service and that's
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really something I think that should be
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shouted about yeah IRA do loads of
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promotion of that there is also a soft
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props bills aside for land losses you
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know it's a business decision that we
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made absolutely is the settle that we've
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got is that these people can be sharing
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and Lunn lost our friendship anything
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from there so they're taking best man
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yeah exactly taken a massive risk but
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they are benefiting there almost
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doubling rents in some cases absolutely
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and that's the way that I work with
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social property investment you know to
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persuade investors and landlords to take
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more vulnerable tenants or tenant or and
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receipt of welfare it's about giving
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them something of value on each side and
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making sure that I mean we look to
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maximize the profit and the
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cost-effectiveness and then to mitigate
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and minimize the risk so they think well
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I'm gonna make loads of money and it's
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actually gonna have but you know all
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these the worries that I had have been
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been thought about here as a way around
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great you know so for all the worries to
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have it so we're completely transparent
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like this is what you're getting and
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this is what could happen
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on the other side this is what you'll be
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achieving on your rental income yeah
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the decisions yours yeah wonderful we've
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had some really good success stories
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yeah I think I mean I hope that can be
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visit you yes Tracy because I quite like
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really I put some articles out about how
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those processes were works in the long
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term and how maybe landlords can
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replicate those types of projects
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because if there's obviously huge need
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yes there was a massive need and it does
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work it doesn't work all the time but it
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does work yeah another habit Cisco
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supper fantastic well I make sure I
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refer any of my landlords that come
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through to me now because I'm not
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managing anymore so that's why works
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very well
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