
Guaranteed Rent
How does it work?
We effectively become your tenant, guaranteeing you a fixed rental income . You will continue to receive the agreed rent regardless of whether the property is empty or the tenant stops paying rent, unless rendered uninhabitable. As such, it is in our interests to find the best possible tenant. We will even deal with damages at the end of the tenancy, subject to a maximum value equivalent to 6 weeks rent.
How long is the contract?
Depending on the property, we can offer contract periods from a minimum of 12 months. Contracts can be renewed either on a rolling basis or online.
What parts of the country do you cover?
East London
Blackpool and Fyde Coast
Blackburn with Darwen
Borough of Chorley
What about the internal condition of the property?
When we let the property we check it on a regular basis, at least monthly. When the tenant checks out, the deposit is used to cover the cost of any damages. We guarantee to pay you up to 1.5 times the monthly rent, subject to fair wear and tear, in respect of the condition of the property.
What are the benefits of Guaranteed Rent for landlords?
No void periods, no rent arrears, no commission, no set-up fees, no renewal fees or any other “hidden extras”. No need to deal with the tenants at all. We can be flexible with payment dates, contract lengths, and start dates.
- A guaranteed annual rental income on time, every month
- The property is kept up to a high specification at all times. It has to be other wise I loose my client
- They still get paid even if the property is empty
- They get paid even if the rent is late or isn’t paid at all
- No set up fees, monthly commissions or hidden extras
- We deal with all the tenant’s queries, questions and complaints
- A guaranteed contract start date – no worrying about how long it will take to find a tenant
- Regular property inspections (monthly) and maintenance management
- I would refurbish the apartment so it’s furnished. I would not do anything to the property the landlord would feel uneasy with.
Is it for me?
Finding the right letting service for you depends on the level of responsibility and risk you are prepared to take. Our Guaranteed Rent service best suits landlords who want the financial stability of knowing what their rental income will be each month, with the benefits of the best property management available.