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Landlords can receive up to £6,680 as a cash incentive from MK City Council if they’re able to offer longer tenancies to local families.
The cash incentive is determined by the size of the property and is paid directly to landlords on top of deposits or rent in advance - which the Council will pay.
In addition, we’re also able to offer guaranteed rent throughout the duration of the tenancy, details of which can be found within the landlords rent guarantee.
We’ll also look at a ‘Rent Top Up’ between what each tenant can reasonably afford and the asking rent for the property. This is on a case-by-case basis and will need one of our officers to complete an Income and Expenditure with the proposed tenant to confirm affordability. They must meet our eligibility criteria.
We will not pay an Incentive as well as a rent top up, but we will offer both options to landlords so they can choose which scheme they would like to benefit from that suits them best. We still offer Rent Guarantee on both schemes.
2 year tenancy | 3 year tenancy | |
1 Bed Home | £1,340 | £2,230 |
2 Bed Home | £1,700 | £2,830 |
3 Bed Home | £2,010 | £3,350 |
4 Bed Home | £2,670 | £4,450 |
5 Bed Home | £4,010 | £6,680 |
Incentives for 12 and 6-month tenures also apply. For details contact the Supply and Acquisitions team.
“The incentive is extremely helpful and having no fees involved is a huge factor for Landlords.”
“For me the experience was very smooth. From the Supply & Acquisitions team visiting the property and securing a tenant quickly.”
“I found the scheme to be very useful, the housing department supported the tenant throughout the tenancy which gave me peace of mind.”
“A good overall experience. Every agent/MKCC employee I liaised with was polite, helpful and informative.”
“The MKCC officer was great and very helpful in guiding us and helping secure tenants as quickly as possible.”
Contact our team for further information and details on how to register.
Post only:, Civic, 1 Saxon Gate East, Central Milton Keynes, MK9 3EJ