Tender for Interim Property Management Services

Peterborough City Council is proposing to increase the supply of homes for use as temporary accommodation in two ways. The first being to lease up to 100 properties from the Private Rented Sector and secondly to buy approximately 50 privately owned properties with a view to making these available as a buffer stock for temporary accommodation purposes to enable the Council to respond to the growing demand for affordable housing in the city. It has been proposed that the properties we buy should be held for up to 10 years prior to return to the market either for sale or letting within the Private Rented Sector. Those properties being leased are likely to be held for up to 5 years.

The Council wishes to procure the services of an experienced property management company to take care of the houses in question.