Guaranteed rent for landlords for 1-5 years
As accredited landlords ourselves, we understand the risks involved in handling and keeping a property. We remove these prospective headaches by doing it all for you– finding and handling tenants, guaranteeing rent, without any voids over the lease duration, and ensuring homes are kept to a good standard. In addition to taking the stress out of property letting, in many circumstances rent guarantee income offer provides you with even more net revenue than a conventional letting agent's does.
- No void periods
- No late payments
- No problem tenants
- No maintenance calls
As well as all these benefits, there are no fees or hidden costs.
Rent guarantee income is ideal for both existing landlords and possible landlords. If your home is accepted onto our scheme, you will not have to bother with rental income again while you are with us. We guarantee your rent: You don't need to fill in any kind of claims forms. With 3Let you will receive a guaranteed rental earnings for as long as your home is on our property management scheme. Unlike various other schemes for guaranteed rent, we also ensure you a no void period and we additionally provide our home management services to you totally free. With rent guarantee income there are no commission fees, no admin fees and no management fees to pay. We will frequently evaluate your home, to guarantee it is well-maintained and that everything is as it needs to be, prepared for when you do get a renter again. We will additionally continue to promote your home, to reveal it to prospective occupants and to keep you notified every action of the way. And you could relax knowing that all the while this property is empty, you are still ensured rent repayments and are still getting a regular guaranteed rental income monthly.
Traditional Letting Agent vs Rent Guarantee Income
|Typical Agent||Rent Guarantee Income|
|Rent per calendar month||£1,000 (asking price)||£820|
|Cost of typical voids over 12 months||£1,000 (1 month)||£0|
|Tenant finder & AST fees every 6 months||£350||£0|
|Annual management commission||£1,200 (10%)||£0|
|Certificates & Maintenance||£300||£0|
|Inventory & Deposit protection||£150||£0|
|Net annual income||£8,990 (£749 pcm)||£9,840 (£820 pcm)|
Difference if you go with Rent Guarantee Income = 9% / £850 per year
The best ways to get Rent Guarantee income
Contact our team where we will arrange a time to come and speak to you and analyze the property if you have a property that you think satisfies our demands. You decide if you want the property leased for between one and 5 years. We make formal offers within 24 hours of seeing the property. Please note we require the suitable gas and security certificates nonetheless we might arrange these for you if needed. We will then handle the property for you and you get guaranteed monthly rental earnings. There are no void periods, so you will be guaranteed rent. As soon as your property is accepted onto our guaranteed rent income scheme you will no longer have to pay council tax costs or utility bills for this home. You will, however, still have to pay structure insurance. We think rent guarantee income offers the best solution for anybody wishing to make guaranteed money from their house. Contact us today to see if guaranteed rental income may help you. So why not call us today on 020 8088 9012 and find out if our scheme could benefit you, or register your property with us here.