Guaranteed Rent
5 Year Guaranteed Rent with Company Let – No Arrears or Voids!
Long Term Tenancies
This scheme provides long term FULL guaranteed rent. So no voids or arrears for a minimum term of FIVE YEARS.
Main Tenancy Terms
- A fixed 5 year contract with an option to extend to 7 years
- Rent paid throughout the whole term, irrespective of whether the property is occupied
- All damage repaired by the tenant during and at the end of the term (fair wear and tear excepted)
- All utilities and council tax covered by the tenant client.
Properties That Are Suitable
- 2, 3, 4 & 5+ Bedroom properties
- apartments, HMO’s/bedsits
Property Condition Requirements
- Must meet Local Authority Decent Homes Standards (eg fit for human inhabitation, free from defects, damp etc.)
- Have mains integrated heat/smoke detectors
- Gas Safe Certificate
- Electrical Safety Certificate
- EPC Certificate
Properties Required
We required up to 50 properties in EACH of the following towns;
- Barnsley
- Rotherham
- Sheffield
- Doncaster
- Coventry
- Peterborough
- Milton keynes
- Newcastle
- Nottingham
- Derby
- Leeds
Rental Income
Rent is fixed from commencement for each town dependant on the number of beds. We will update with a full list shortly. As a guide, rents will be broadly in line with the Local Authority Housing Rates.
Management Costs and Payment
You will be charged 10% of rental income. Rent is paid by the client 2 months in arrears. There are no other charges for setting up the tenancy, or inspections.