Do tenants give you more pain than profit? Are you suffering too many tenancy voids? Will maintenance problems exhaust you before your wallet? Have your letting agents really earned their fees this month? Guaranteed Rent Lettings has the solution to all these questions!
Who We Are
Guaranteed Rent Lettings offers an ideal solution to UK landlords wanting more from their property investment.
Our enterprising team of industry professionals offers a series of NO COST long lease and guaranteed rental schemes to match your requirements, irrespective of whether your profitability has been thwarted by tenants, agents, tenancy voids or you just want out.
What We Offer
Our primary aim is to locate tenants for your property desiring long term accommodation who have the potential to purchase your property from you after a fixed period of time (e.g. 5 years). We will be responsible for all the running costs and maintenance associated with the property during their rental period.
Our Scheme Works As Follows:
- Once we have received your enquiry form, one of our experienced property analysts will contact you to discuss your property, the period of time over which you wish to rent it and the net guaranteed rent - regularly 70% - 80% of the market rent.
- When we have agreed terms, Guaranteed Rent Lettings will proceed to find a long term tenant for your property. As many of our tenants are also in the position where they would like to buy a property in the future, your chances of a quick implementation of our program increase if you are willing to grant an option to buy.
- Once our tenants are established, they tend to start making the property their permanent home as they feel more secure in the knowledge that they have a long term contract. The option of a future purchase of the property is a great incentive for them to care for it and will also save you future estate agent commissions when they exercise that option.
- There are no costs, fees or commissions payable to us by you. The terms of the guaranteed long lease rental package takes care of all maintenance issues and utility costs and removes all contact between the tenant and yourself.
- Despite the reduced income, you will actually be financially better off through this scheme than if you rented your property the traditional way. The guaranteed net rent you receive will provide a greater return on investment than you possibly imagined! Please see our comparison chart below for more details.
Find out more about our straightforward process.
The Traditional Method v Guaranteed Rent Lettings
| High street agencies |
Guaranteed Rent Lettings (average 75% rent paid) |
|
|---|---|---|
| Rental value paid PCM | £800 (asking price) | £600 |
| Annual rent | £9,600 | £7,200 |
| Typical voids over (12 months) | £1,200 (1.5 months) | £0.00 |
| Tenant finding fee | £350 | £0.00 |
| Management commission (annual) | 11.5% (£1,104) | £0.00 |
| Boiler maintainance & certificates | £295 | £0.00 |
| Inventory & Deposit protection | £125 | £0.00 |
| Net income you receive | £6,526 / £543.83 (PCM) | £7,200 / £600 (pcm) |
So, not only can a net guaranteed rent lettings scheme make you money, but also save you hassle, headaches and heartburn!
7 Reasons Why You Should Contact Us Today
- You do not have to worry about finding a tenant.
- You never have to experience rent arrears again.
- You do not have a problem if your tenant leaves.
- You never have to be concerned about tenants at all!
- You do not have the hassle of property maintenance.
- You never have the costs of property maintenance.
- You do not have the expense of a letting agent.