How does it work?
- CPS Homes take on the role of your tenant, directly paying you rent for a contractual period (generally ranging from 1-5 years). We sub-let your home to carefully-selected, fully referenced, creditworthy tenants.
- You'll receive your monthly payments on time, on the same day each month, even if an occupant is late paying or if the property is completely empty between tenancies.
- We'll carry out regular inspections to ensure the property is being kept as well as you’d be keeping it if you were living there yourself. We manage the property fully throughout the contract – dealing with any requests or queries from the occupants, including any maintenance issues, though costs for repairs and compliance (e.g. gas/electrical/fire safety certification) will still be yours.
- There are no set-up fees, no ongoing management fees and no inventory charges. In the unlikely instances of potential evictions or legal pursuits of unpaid rent, we'll manage this and cover any costs with minimal disruption to you.
What's the catch?
There isn't one. 'A bird in the hand is worth two in the bush', as the saying goes, meaning it's better to have the security of regular, guaranteed income than to run the risk of there being void periods between tenancies with no income at all. This guarantee will cost you a little bit more than standard management, but it offers peace of mind and you won't pay letting/management/inspection fees, nor VAT, as it's all rolled into the service.
Interested? Get in touch via 02920 668585 or email firstname.lastname@example.org and I'd be happy to send you through some detailed information on the service or arrange a call at at time that suits you.