Private Sector Leasing (PSL)

Get guaranteed rent for your Edinburgh rental property for three, five or ten years, even if the tenant doesn’t pay or if the property is empty through no fault of your own.  

Complete an enquiry form to receive further information on Private Sector Leasingor arrange a free, no obligation property assessment. If you are looking to switch from your current letting agent, from short-term Airbnb lets, or are considering buying an investment property in Edinburgh, get in touch for an informal discussion about how we can help.      

I have been a Landlord with Link for a number of years and have had an excellent experience with them. The rent is always paid on time with no void periods, any repairs or maintenance issues are dealt with promptly and efficiently by their excellent team. I also have peace of mind that they regularly inspect the properties and ensure that they are compliant with all the regulations. It could not be easier.

Lucy, Link PSL Landlord

Link PSL has helped thousands of landlords secure long-term rental incomes through Private Sector Leasing (PSL)Link provides a tenancy and property management service, and rents are paid for by City of Edinburgh Council, creating accommodation for individuals and families in Edinburgh who are facing homelessness. 

Why choose Link PSL

There are many benefits for landlords and property investors who choose to let their property through PSL, including:    

Guaranteed rent

You will receive your rent payments quarterly in advance, even if the tenant doesn’t pay or the property is empty through no fault of your own, eliminating costly void periods and giving you a reliable source of income.  

Long term lease  

PSL leases are for a period of three, five or ten years, so your property income is secured, allowing for long term capital growth.   

Tenant damage cover  

Link PSL will repair any damage to your property, beyond fair wear and tear, free of charge. The cost of tenant evictions is also covered.  

0% management fee  

Unlike most traditional letting agents, we don’t charge a fee for our property management service and have no hidden costs, so you know exactly what your rental income will be.  

Regular tenancy visits  

We visit tenants within the first 7 days of their tenancy to ensure they are settling into the property. Visits are then scheduled every 8 weeks.  

complete property management servic 

Link PSL is a fully regulated letting agent, with over 40 years experience in managing properties across Scotland. All safety certificates and property maintenance are carried out by our in-house team of qualified contractors, so you can relax knowing your property is in safe hands. Our team also handle switching council tax and utility accounts at the beginning and end of each tenancy.  

Link PSL is a registered Scottish Letting Agent (LARN1907019).  

Positive testimonials from Landlords and Tenants

PSL for Edinburgh property investors 

If you are an investor purchasing a buy-to-let property or investment portfolio in Edinburgh, PSL can provide a guaranteed income for three, five or ten yearsThere are specific criteria for PSL properties including: location, number of bedrooms, EPC rating, and type of property. We can provide advice before you buy, and / or help you source and prepare a suitable property. 

Contact us if you would like advice on purchasing an investment property for PSL.  

The rent level paid varies depending upon area, size and condition of the property; we can provide an approximate rental valuation based on the sales schedule before you invest. 

PSL property owners do not have to pay a monthly management fee, tenant damage costs or void periodsso ongoing costs and net rental yield are more predictable.  

We currently require one, two and three-bedroom properties in all areas of Edinburgh. To be eligible for PSL, properties must pay council tax to the City of Edinburgh Council.  

What is Private Sector Leasing?   

Private Sector Leasing (PSL) was established in 2005 by the City of Edinburgh Council to provide much needed housing for individuals and families facing homelessness. Through the scheme, properties are leased from private landlords and property investors for three, five or ten years and sublet to those in need of housing under a Scottish Short Secure Tenancy (SSST).   

Link has been contracted as the tenancy and property management agent for PSL since 2010. Our dedicated and experienced Link PSL team, provide a complete, professional management service for landlords and property investors 

Getting started with PSL 

If you own a property in Edinburgh...  Contact Link PSL by emailing psllandlordteam@linkgroup.org.uk or completing an online enquiry form to arrange a free, no obligation property assessment. Please note, City of Edinburgh Council has specific criteria for PSL properties, our team can advise on your property's suitability for the scheme.  

We cannot accept a property onto the scheme if it is currently tenanted. If you have tenants and you are considering switching to PSL, you can join our waiting list and sign up to the scheme when your property is next vacant.   

If you are a private landlord or Airbnb host looking to sell your property or portfolio, please contact us for more information on our service.   

Help for private landlords and Airbnb hosts affected by Coronavirus 

Many private landlords who have been affected financially by coronavirus, due to empty properties, tenant arrears, and delayed evictions, are currently taking steps to claim mortgage payment holidays and/or seeking help from the Scottish Government’s Private Rent Sector Landlord COVID-19 Loan scheme. Landlords and former Airbnb hosts who use Link PSL as a managing agent are protected from the financial effects of Coronavirus with guaranteed rent irrespective of whether the tenant pays their rent or if the property is empty through no fault of their own. To enquire about switching to PSL please complete an enquiry form and our team will get in touch for a no obligation discussion. 

 

Contact us 

Email psllandlordteam@linkgroup.org.uk or complete an enquiry form to receive further information on Private Sector Leasingor arrange a free, no obligation property assessment.