Guaranteed rent service for Cardiff landlords
Knowing exactly how much rental income to expect each month is key for smart financial planning. So the thought of a fixed monthly rent is music to the ears of landlords who want to be certain their finances are fully safeguarded whenever contract-holders pay late, or can't pay at all. With our Guaranteed Rent Service, we'll act as your contract-holder and ensure you receive full, on-time payments every month, even during void periods.
Is this service right for you? Read our case study
For landlords who prefer to take a risk-free approach, it's worth it to have the security of regular, guaranteed income. Letting is unpredictable and even the most reliable contract-holders may face job loss or other unexpected circumstances as the tenancy goes on.
Consider this case study involving one of our investor clients who purchased two properties, intending to supplement their income and build a retirement fund over time.
Despite a promising start, the client gradually became disheartened and frustrated with various issues affecting his revenue and cash flow. With the cost of living crisis affecting affordability across the board and a job loss from one contract-holder causing recurrent payment delays, it became stressful for this landlord having to predict when the rent would be received and how much of it they'd be getting each month.
Seeking our assistance, we advised the landlord on the benefits of our Guaranteed Rent Service and entered into an initial two-year agreement for the rental of both properties.
As a result, the landlord now enjoys a consistent monthly income from both properties, which fits in much better with their preferences and lifestyle.
If the above scenario strikes a chord with you, it sounds like its the perfect time to get in touch with us. Here's some more information about the service:
- We'll carefully select reliable, fully referenced, creditworthy contract-holders and handle all aspects of property management, including inspections and maintenance requests, though costs for repairs and compliance (e.g. gas/electrical/fire safety certification) will still be yours.
- You won't incur setup, management, or inventory fees. In the rare event of evictions or unpaid rent, we manage legal matters and cover associated costs.
- 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. Our track record proves that landlords with this service often earn more annually compared to those without it or self-managing. With the Guaranteed Rent Service, vacant periods, missed payments, and unexpected issues are our responsibility, not yours.
The information contained within this article was correct at the date of publishing and is not guaranteed to remain correct in the present day.
