Get hassle-free, long-term rental income
UP TO FIVE YEARS NO VOIDS OR FEES FAIR MARKET RENT
Your questions, answered.
What is guaranteed rent? Guaranteed rent is where landlords, developers & property investors are provided a pre-agreed rental income for a set period of time. The rent is not reliant on tenants and comes directly from the management company itself, regardless of the occupancy of the property. In our case, we guarantee the fair market rate and look for 5 year agreements.
How much rent will I get? This is a difficult one to answer as there are a number of factors that go into calculating our rental offer. As a rule of thumb, we’re generally able to offer a monthly rent payment within ±15% of the standard market rate for your property. Even when the rent is slightly lower than standard market rate, you’d likely end up with more money in your pocket at the end of the month thanks to the cost saving benefits of this guaranteed rent scheme.
Do I have to sign a fixed term contract with you? Yes. We are looking for stable long-term partnerships of 2 to 5+ years with our landlords. If you believe that you may need the property back at some point, we can discuss adding break clauses at certain set intervals into the contract before signing.
How do I receive rental payments? Once the agreement has been signed, our finance team will create a standing order to your bank account that schedules the agreed rental instalments on-time each month until the end of the agreement. You will automatically receive the agreed level of rent each month, regardless of whether the property is occupied or not.
I have more than 1 property. Can I get guaranteed rent for all of them? Fantastic! Yes we would be delighted to offer guaranteed rent on multiple properties/entire portfolios so long as they all fit our criteria. We have landlords that have made their entire portfolio hands-free using our guaranteed rent scheme.
What happens at the end of the agreement? Towards the end of the contract, we will let you know if we would like to seek to extend the agreement. If both parties agree to renew, then we will discuss a new contract, or simply extend the existing one. Should the parties agree to go our separate ways, we will return the property to you in the same condition as when we took it on (taking in. to account fair wear & tear).
What do you do with the properties? We specialise in providing high-quality HMO standards and short-term serviced accommodation to business clients and guests that are staying away from home. Therefore we work with landlords on this guaranteed rent basis to be able to accommodate the growing demand from our clients. This is a time-intensive, specialist service, and because of this we are able to charge the guests a nightly rate that exceeds that of the rent payments and our costs. This is where we make our profit as we do not charge our guaranteed rent scheme landlords any fees at all. It’s a win-win for everybody involved. You get your pre-agreed rent each month without an hassle and your property well maintained and our clients get the high-quality accommodation that the are looking for.
What happens if the property is empty? This is not something that you have to worry about! You will receive your rent each month without fail even if the property is empty.
What size do the properties need to be? We are interested in properties of all sizes, however we are particularly looking for 2 to 5 bedroom and above properties.
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What condition do the properties need to be? Properties must be in a decent condition for us to offer guaranteed rent on. If any minor decorative works are required, we can take care of this. If you are unsure, please apply and we will look into it for you.