Fixed guaranteed rent | |
Regular property inspections | |
No late payments | |
No void periods | |
No maintenance calls | |
No maintenance costs | |
No letting agent fees | |
No Eviction Costs | |
No Problem Tenants | |
No Hidden Costs | |
No Stress! |
Over the past few years a lot has been said about the property market on TV and in the papers. However, very little has been said about the big problems that buy-to-let landlords face, and nothing has been said about guaranteed rental schemes that are the solution. Many amateur property entrepeneurs have flooded the market with empty rooms making it difficult for landlords to find tenants. Landlords have been turning to rent guarantee insurance, but this comes at a price of reducing their profits and isn’t the best solution.
Our rent guarantee scheme will help you get through these tough times and allow you to start making money from your investment again. The rental income that you get will be slightly less than the full earning potential of the property, however, you will get the rent even if the property is half full or empty. In our guaranteed rent scheme we offer 75% of the full market rent of the property. As you can see below this can often work out much cheaper than using a traditional letting agent:
Traditional Letting Agent |
Trust Quick Sales (average 75% rent paid) |
|
---|---|---|
Rental value paid | £800 | £600 |
Annual rent | £9,600 | £7,200 |
Typical voids | £1,200 | £0.00 |
Tenant finding fee | £350 | £0.00 |
Management commission | 11.5% (£1,104) | £0.00 |
Boiler maintainance & certificates | £295 | £0.00 |
Inventory & Deposit protection | £125 | £0.00 |
Yearly Net Income | £6,526 | £7,200 |
As you can see its much more cost effective and stress free than using a letting agent. If your thinking of getting a landlord insurance rent guarantee, please bare in mind that you insurance will not cover you if the rooms are empty because you are struggling to find a tenant. Landlord rent guarantee insurance only protects you against tenants defaulting and not paying their rent. With our rental guarantee you don’t need to worry about if a tenant is not paying, or even if you have a tenant at all because this will not effect your payment from us.
The length of our contract can vary depending on your needs. You can opt for a short term contract of a few years, up to decades. Can you imagine getting rent guaranteed from your property for 10 years without ever having to check up on it, worry about basic maintenance or reckless tenants? It would be a dream come true for most landlords! You could start living your life again instead of having to sweat over thinking about managing your property.