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Leasing Scheme Wales - Gwynedd

Whether you are an experienced landlord with multiple properties or you have recently acquired a property perhaps through a relative or change in circumstances, Leasing Scheme Wales could be for you.

Leasing Scheme Wales (LSW) is a leasing scheme funded by Welsh Government and managed by local authorities. The scheme provides you with the opportunity to lease your property to Cyngor Gwynedd for hassle free guaranteed monthly rental income.

Benefits for property owners in Gwynedd

  • Hassle free guaranteed rental income for the length of the lease (at the Gwynedd Local Housing Allowance rate) – meaning no rent arrears and no voids.
  • Up to £25,000 grant to bring the property up to rental standard.
  • Up to £5,000 grant to increase your property’s energy rating (subject to eligibility and availability).
  • Leases of between 5-20 years.Property inspections, repairs and maintenance covered (subject to reasonable wear and tear).
  • Full management of the property and tenant for the lifetime of the lease.

Expression of interest

If you are a landlord you can express your interest in the scheme by completing this online form:

Leasing Scheme Wales - expression of interest

Get in touch with your expert local team of Senior Property Development Officers.

Our Senior Property Development Officers are ready to take your call and answer your questions about the scheme. Once you’ve decided whether it works for you, we can then help guide you the rest of the way.