Looking For Guaranteed Rent?
Rent Your Property For A Fixed Amount
No More Costly Voids
Return Property In Same Condition (minus wear and tear)
Regular Property Maintenance & Inspections
Feel free to review us on the following
No More Viewings & Finding Tenants
No Risk Of Evicting Tenant Legal Costs
Protection Against Tenant Damages
Guaranteed Fixed Monthly Rental
Looking For Guaranteed Rent in Ealing?
We are always looking for landlords that need guaranteed rent in Ealing. We love helping these UK landlords remove their tenant worries forever. Letting your house can be a daunting process but we are happy to turn this into a positive experience. We offer so much protection to you the landlord as we have many initiatives in place.
For example, our guaranteed rent scheme in Ealing involves handling property maintenance and any damages the tenant may cause. Which straightaway is a big relief for a landlord and most of the time this is the main worry they have. The specific worry is “the property won’t be handed back in the same condition” which will not happen with us. We will give your house/property back at the end of the 1-5 year lease in the same condition you gave it to us.
No more voids, emergency call outs and tenant problems, all of the headache will be gone. We can sometimes put together a lease and rent your property within one week. If you were to go down the insurance route this could give you more peace of mind. Typically this product will last the duration of each tenancy and will be around 6-12% of the monthly rental. However, the payouts could be delayed and you could be waiting 8 weeks+ for rent arrears.
We Handle Maintence
No More Viewings
We Manage Your Property
No Rent Voids
What is Guaranteed Rent?
A guaranteed rent scheme involves a landlord entering into a contract with a third party that takes control of their property and becomes their tenant. The third party then pays a fix rental payment to the landlord over a definite period which is normally a percentage of the achievable rent. The recent growth of this scheme is down to the government regulation that is reducing buy to let landlords returns and making their property venture risky.
Some major changes consist of Stamp Duty 3% surcharge, loss of wear and tear allowance, and raising interest rates. Therefore this puts stress on the housing market and especially buy to let landlords. Which is why guaranteed rent (otherwise known as rent to rent) is becoming ever more popular in Ealing.
You have a few options when looking for a property agreement like this. The different structured arrangements are the council, insurance and schemes (typically by a letting agent). If you went down the council guaranteed rent scheme, you would normally have to go off the typical local housing allowance rate for your district.
This can change from area to area but is in place to help families cope with tough situations they find themselves in. Lastly, you could go with a scheme with a letting agent, where they will become your tenant. This is also desirable if you have a reputable provider you’re dealing with. If you have a property in Ealing and would like us to provide guaranteed rent, reach out today.
Guaranteed Rent in Ealing: How It Works?
Following your enquiry, we will give you an estimation on what fixed rent we can guarantee for 1-5 years. Basically we become your tenant at your property in Ealing and take on the liability whilst guaranteeing a fixed monthly rent. This is the perfect situation for a landlord that is now tired of managing their property and would just like the rent instead.
There will be no rent arrears anymore and you will no longer need to go in and refurbish the property. We’re also flexible in the agreements we offer. In Ealing, we can offer a guaranteed rent scheme for 1-5 years and we will handle all maintenance and bills covered. Obviously a big benefit is you will still gain from the capital growth appreciation which is another massive plus.
We will either take your property on as an HMO (working professionals), Holiday Let or supported accommodation / social housing. The contact we will provide you with will typically be a management agreement or Company Let Agreement. We are not prejudiced and would take on any type of property you may have whether you want to rent out your house or a flat. Even if you’re a developer, investor or an agent and have many units you would like to let.
We will give you a fixed amount that we can rent your property out long term. So if you find yourself getting tired of completing viewings and property inspections. Additionally, maybe you’re having tenants miss payments, or dealing with unreliable letting agents and having a vacant property? Reach out to us today and we would be happy to show our guaranteed rent options in Ealing.
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