THE GUARANTEED RENT SCHEME
No Hassle, No Voids, Guaranteed Rent.
WHAT WE DO
If you are a Landlord looking for a guaranteed fixed rental income every month without any of the management issues that you are used to, you’re in the right place.
Take the hassle out of sourcing your tenants. We manage the whole process. With our guaranteed rent property management option, we can help you get your property producing an income, and fast. Enjoy passive income. We will pay your guaranteed rent every month for 1-5 years irrespective of void periods and return your property in the same if not better condition than when you started.
How it works
We rent the property from you for three to five years or more and effectively become your tenants. If needed, we bring the property up to the requirements of our customers. We then rent the property out to our tenants and take care of everything.
We have experience operating both as a managing agent and landlords ourselves and therefore really understand the importance of selecting only the best-quality tenants for the property. All our tenants are working professionals who are thoroughly vetted prior to moving in. After all, from day one we take responsibility for any lost rent, potential damage or misbehaviour. We also deal with calls, emergencies and in fact all tenant issues. You will also never again have to worry about voids.
Will i get full market value?
Landlords raise the question “Will I be getting the full market rent each month?” We have put together a table below as an example for you to see the profits you as a landlord will be making at the end of each year when choosing guaranteed rent. As you can see not only do you save money in almost every area you make a larger profit opting for this arrangement. Now that’s what we call a win win – hands off with peace of mind, and a much better profit at the end of the year.
Market Rent |
Guaranteed rent |
|
Monthly Rent |
£1,250 |
£1,000 |
Annual Rent: |
£15,000 |
£12,000 |
Minus: |
||
Typical void period of 1.5 months: |
£1,875 |
£0 |
Annual tenants finding fee of 5%: |
£750 |
£0 |
Annual Management fee 12%: |
£1,800 |
£0 |
Maintenance: |
£1,500 |
£0 |
Inventory |
£100 |
£0 |
Annual Rent: |
£8,975 |
£12,000 |
Your Monthly Profit |
£748 |
£1,000 |