For people who have come through other DENS services, DENS Rent Aid provides support for a move into more independent living. For homeless people who can afford to rent but don’t have the funds for a deposit, DENS has arrangements with local landlords to provide a guarantee for 2 years in place of a deposit. The majority of people move into shared houses, but users over 35 can also go into a single property. Tenants are responsible for their rent, council tax and utilities. The aim of the scheme is to provide a stepping stone towards independent living.
While the level of support varies, the team can help with drug and alcohol dependencies, mental health issues, and finding employment. Tenants are expected to engage with staff, and regular meetings and home visits ensure that they are making progress.
We need your property
Based in the Dacorum area, DENS Rent Aid has been operating since 1998. We are a social letting agency with many years' experience in the local market and a first class relationship with our landlords.
We let properties fast. By letting through us you will be helping local people to find a home.
We offer unique Rent Guarantee Insurance specifically tailored to tenants in receipt of benefits.
We require properties NOW in Hemel Hempstead and surrounding areas.
If you have a property to let please call Julie Ford on 01442 253923 or email DRA@dens.org.uk
Julie - Rent Aid Manager
Julie joined Rent Aid in Febrary 2016 having previously worked as a housing & homelessness law specialist for the Citizens Advice Bureau, Julie has over 19 years experience in residential lettings and property management.
Sharon - Rent Officer
Sharon joined Rent Ad in 2014 having previously worked as a senior credit controller and litigator for a non-highstreets mortgate lender. Sharon has over 20 years experience in finance and debt recovery.
Karen - Tenancy Sustainment Officer
Karen joined the team in 2014 having previously worked for social services.
Our team has more than 25 years experience working within Housing, your property is therefore handled by experts who will manage your investment and offer advice. You are guaranteed continuity of service.
*management fee charged monthly at 8% only, no other fees charged
When you lease your property through Rent Aid, we will cover the cost of repairs taking the hassle out of renting your property.
Leasing your property through Rent Aid, we guarantee a minimum of a 2 year let which in many cases carries on for years after.
Average 6.2% Annual Net Yield (ANY)
A small sample of the yields landlords are currently enjoying on our lease option with rent guarantee:
Grovehill - 1 bed flat
Rented for 3yrs+
We currently offer two levels of service:
Our Guaranteed Rent service offers landlords the benefit of a guaranteed fixed income on their property, regardless of whether or not it is let or the tenant stops paying. It's the perfect 'let and forget' solutions for busy landlords.
So what's the catch? There isn't one
Many people ask us how we make our money, particularly when we charge no set up fees, the answer is pretty simple.
As a social letting agent we have no huge overheads, we don't advertise on the big portals such as Rightmove & Zoopla therefore we don't have the need to charge fees to cover this.
We provide a comprehensive service for landlords that starts with tenant selection and continues through to the end of the tenancy.
This example is based on a two-bedroomed property in Hemel Hempstead.
Property value £250,000 2-bedroom house at lower end of market. Potential annual rent £10,800.
|Rent Guarantee||YES||NO||Most High Street agents are unable to offer this service|
|Management service||8%||10-18% + vat||Rent Aid does not charge VAT on costs|
|Voids||NO||YES||On average most properties will be empty for at least 2 weeks between lets|
|Tenancy agreement preparation charge||£0||£200||Average cost per tenancy|
|Renewal fees||£0||£120||Average cost of renewing a tenancy agreement every 6 months|
|Additional property visits, price per visit||£0||£60||Most agents carry out one inspection per year and charge if you request additional visits|
|Inventory||£0||£120||Usually calculated against type of property|
|Registration of Deposit||£0||£54||Per Deposit registered|
What set-up fees do I have to pay you when you rent my property?
Nothing. We charge a flat rate of management fee. There are no extras.
Who arranges the legal paperwork, the inventory? Do I need to sign the tenancy?
Rent Aid arranges legal paperwork and will take a full inventory of fixtures and fittings within your property. Once you have signed our agency agreement, we can sign tenancies on your behalf.
I am worried about the condition of my property when it's let?
We carry out regular announced inspections as well as meeting with tenants regularly to meet their support needs.
How much rent will I receive and when?
Following our inspection, we will be able to tell you the rent we can pay to you. Once the lease is completed, we will pay your rent monthly in arrears.
How long will the whole process take?
Subject to the necessary paperwork and inspection, we can start the lease after initial inspection of the property.
Do you want to property furnished?
We are happy to take the property furnished or unfurnished.
Who will you house in my property?
We will be your tenant and then sub-let the property to a client who has successfully passes our selection process. We carefully select and interview suitable tenants to whom we peovide ongoing support.
Who pays the Council Tax, water rates, gas and electricity bills?
We will take responsibility for all the household bills, once the lease has started.
"One thing has always been constant, DENS commitment to help genuine people who are in need of decent accommodation but unable to manage a deposit. I have such a good working relationship with DENS that I give them first offering of any pending vacancies I might have and will happily take on board any person that they have deemed fit to be a reliable tenant. I find DENS really caring for the people they try and help but also for the landlords that support them" - Rod Bassett, DENS Landlord
“The DENS team have proven to be highly professional, proactive and a commutative team with attention to detail. This is exactly what a landlord looks for" - Rizwan Ahmed, DENS Landlord