How to Lease Your Property to a Council or Housing Provider in Wales

By Louis Lattuca

Thousands of landlords across Wales are securing long-term, guaranteed rental income by leasing to councils or care providers. Here’s a breakdown of how to do it right — and avoid the common mistakes.

What Are FRI and IRI Leases?

• FRI (Full Repairing & Insuring):

  • The provider is responsible for all maintenance — internal and external

  • Usually includes void cover and tenant management

  • Ideal for investors wanting a completely hands-off experience

• IRI (Internal Repairing & Insuring):

  • Landlord retains external maintenance responsibilities

  • Generally shorter lease terms (2–3 years)

  • Better suited for investors who want more flexibility

Benefits of Council and Provider Leasing:

• Fixed guaranteed income for up to 5–10 years

• No management, tenant issues, or voids

• Compliance-ready refurbishment support sometimes included by providers

Who Are the Providers?

• Local councils across South Wales: Newport, RCT, Bridgend

• Supported housing operators and registered social landlords (RSLs)

• National care organisations expanding in Wales

We partner with all of these and offer introductions to secure your first lease.

Tip: We’ll even assess your property for leasing viability for free — just send us your photos and address.