How does guaranteed rent work.

Under a guaranteed rent scheme, also known as a rent-to-rent scheme, a landlord signs over their rental property to a company, institution, letting agent, or individual for a specified period of time in exchange for a guaranteed monthly income (regardless of whether or not the property is occupied or if the tenants are in arrears).

The individual or organisation renting the property from the landlord then sublets the property to tenants and manages the property and tenancy. The renters who occupy the property have no direct relationship with the landlord, and everything is handled by the middle tenant.

How do these schemes work?

In a rent-to-rent arrangement, the middle tenant signs a contract guaranteeing to pay a set monthly income to the landlords in return for taking full control of the property and its management. The middle tenant will market the property to find renters, do all of the tenancy administration, handle any property maintenance, ensure that the property is compliant with all relevant legal requirements, and take care of legal proceedings in the event that the renters living in the property need to be evicted.

The middle tenant agrees a guaranteed monthly rent with the landlord that is below market value for the property. The success of their enterprise then rests on their ability to achieve a high enough rental income from the property to cover expenses and generate a profit. This is often only possible by converting a multi-bedroom property into an HMO and earning a higher yield by doing several single-room lets to multiple unrelated tenants with individual contracts.

We have various different ways in which we can guarantee the rent to you, this ranges from using the property as an HMO or Holiday Let/Short Let, Serviced Accommodation, maybe even Supported Accommodation/Social Housing. We work with local businesses & corporates to help house their professional employees or usually professionals would pay per night and book the property for few weeks at a time. Short let professional guests, business travellers or leisure guests, we have it sorted for all. With all the value that we add to the property, we also make sure all properties are looked after & managed well.Our corporate clients vary from national and international companies who are working in the area on short term contracts, generally for 2- 5 moths and sometimes this can be a few weeks at a time also.

We turn properties into luxurious homes for leisure guests  or professionals to live in, thereby not only we give you guaranteed rent but at the sometime we uplift the value of your property.We have our own dedicated team that takes care of tenant as well manage the property.

To know more click here and let us know how we can hep you.

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How does guaranteed rent work.

Under a guaranteed rent scheme, also known as a rent-to-rent scheme, a landlord signs over their rental property to a company, institution, letting agent, or