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How it works for Letting Agents

Simple business strategy

We are offering a very simple business strategy: We lease the property from the landlord and become THEIR tenant for 36 months or more.

Rental, how do we guarantee it?rent guaranteed

  • We use a legally recognised Rental Guarantee Agreement
  • With our Financial Resources
  • With an insurance Indemnity Policy (if required)

Landlord benefits

The landlord often benefits when we bring the property up to a higher standard. This could include refurbishment, renovation, redecoration and new furniture.
When this is done we rent the individual rooms using ASTs. All tenants are thoroughly vetted and credit checked.
We offer a high level of service in respect of looking after the property; we treat it like our own, the garden is regularly maintained, and our staff clean the common areas weekly or fortnightly, as required. The usual property inspections are included within the management contract .

What’s the catch?

Put in the most straight forward terms, there isn’t one. Our profit is simply the difference between the rent we collect from tenants who are renting individual rooms from us, and the letting agent fees, utility bills, light maintenance, if agreed, any HMO compliance costs, insurance, and possible void periods. In addition, usually at the start of each rental, our costs include any agreed refurbishment in order to prepare the property for the higher end tenants we look for, and of course the guaranteed rent we pay the landlord. It really is that simple.
We take on all the risk because we are confident about our ability to assess an HMO rental and manage it well and profitably. It’s what we do!

We have spent many years gaining experience in the HMO market, over 15 years in fact. As landlords we understand the importance of choosing the right tenants. We have an excellent record of keeping our rooms fully occupied; to date have never had a missed rent, this is something we are very proud of.
Because we deal with all tenant issues, you and your client/landlord can rest assured that the property is being well managed and looked after. We welcome visits/inspections from both the landlord and agent, providing at least the normal 24 hour notice has been given; in fact we encourage it.
Your customer/landlord will receive their rent at the same time every month, worry-free.

“Our mission is to provide fair value for all concerned.”

 rental-agreement

Guaranteed rent summary and benefits

If you’re client/landlord and you would like a guaranteed fixed rental income, paid the same time each month without the usual concerns that come with renting property, then look no further.

  • Guaranteed rental paid the same time, every month
  • You are still paid during any void periods
  • You are paid even if the property is empty
  • Even if our rent is not paid on time or not paid at all, you are still paid
  • No need to worry about how long it may take to find a tenant – with a guaranteed start date
  • No set up fees, monthly commissions or hidden extras
  • Regular property maintenance, management and inspections
  • We deal with all the tenant’s queries, questions and complaints
  • We guarantee the condition of your property. It will be returned to you in at least a similar condition to that in which it was provided – the usual fair wear & tear policy applies.
  • If it becomes necessary we cover court costs and any eviction process

The system of renting we use is truly a win-win situation, for all parties.

“The whole is greater than the sum of its parts”.
Aristotle

Important Information

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