Thursday, May 28

Rent Guarantee: The path to a worry-free tenancy for all landlords

- March 12, 2018

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It can be a tricky business, this landlording malarkey. Whatever your current circumstances, there are bound to be hurdles along the way when it comes to letting your property – particularly for those new to buy-to-let.

Tenanting isn’t always easy either. The financial circumstances of your tenants can change, their jobs can mean they need to relocate; people renting properties have more flexibility to bounce around, and so you might find you’re in a position where you have to find new tenants every six months or less. That’s not ideal when you’re busy in other aspects of your life, and especially problematic for landlords who rely on receiving rent for 365 days of the year as their primary income.

They’re called guaranteed rent services

Whether it’s a recent addition to a vast portfolio or your very first buy-to-let, there are options available through quality letting agents which can give your property the strength to leap over any hurdles which present themselves. They’re called guaranteed rent services.

The clue might be in the name as to what they offer landlords. But how exactly do they work, and how could you benefit from a guaranteed rent service right away?

Guaranteed rent 52 weeks a year

As we said, the clue is in the name. The most sought-after benefit of this premium management service is that rent is guaranteed, 52 weeks of the year. If that sounds too good to be true, fret not; it’s true, and it’s available to landlords right now.

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Guaranteed rent services position a quality letting agent as your tenant instead of the people who actually reside in the property. What this means is that it’s your letting agent who pays you rent, not a tenant who could potentially give you some problems, and that rent is guaranteed to be paid to you regardless of whether the actual tenant has paid the rent or not. In fact, you’ll start receiving rent immediately from the start date on your contract – you won’t even have to wait for the tenant to move in – and there is no monthly management commission or set up fees for this service.

Even when the property is empty – a time when you’d normally find yourself out of pocket – you’ll still receive rent.

This is invaluable to landlords and is exactly why guaranteed rent services are something anyone letting a property should consider.

Stress-Free Property Management

However, renting out a property is an on-going challenge for landlords. Dealing with day-to-day management tasks, viewings, void periods, on-going property maintenance, rent arrears and legal procedures are just some of the headaches property landlords have to face.

We offer landlords a guaranteed rent scheme for up to five years, eliminating the worry of daily management tasks, void periods in rent, legal procedures, viewings and maintenance.

Our stress-free property management services give you peace of mind to enjoy a reliable rental income, so you can focus on the more important aspects of your life.

NGB Lettings
27 Western Road, Hove, BN3 1AF
01273 220303
153 Lewes Road, Brighton, BN2 3LG
01273 620202
info@ngblettings.co.uk
Monday – Friday: 9.00am – 5.30pm
Saturday: 10.00am – 3.30pm
ngblettings.co.uk


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