A Brief History of Properties
The Major Advantages of Guaranteed Rent Scheme to Landlords
First payment is one of the things that landlords like about these schemes. You find that the landlords who use this service will get the first payment into their bank accounts within 24 hours of signing the contract with the Property management service providers. You will not have to wait until the tenant is found and he will effectively become the service provider for the whole duration of the rent contract.
Another benefit is fixed payments. You find that when you are dealing with these schemes the property management service providers will guarantee you a fixed payment of any amount in any location. One thing that is more enjoyable is that you will get your payment in time even if the tenants have not paid, the property is vacant, or the property has been let like in the case with the guaranteed London property management service providers.
Most of the people also prefer these schemes since they charge no fees or commission. You find that in these schemes the property managers or the inventory managers does not charge the tenants any fees for entering into the rental contract. Not only that, but there is also no hidden charges or costs like the cost of servicing your gas or the gas line. One thing that you need to know is that a gas safety certificate is supposed to be issued when an expert installs the gas system or upon servicing it.
Another benefit that landlords get from these schemes is higher rents. Having taken charge, it will be upon them to decide on how they would like to price the houses. You find that their prices are always high as this helps in boosting the value of your property. Apart from that, they will not ask you to pay any fee for any damage or anything as the have EPC services in place to take care of everything that is in line with construction or maintenance of the property.
Another thing is regular inspection. Regular inspection is a requirement by the local authority and should be done. Being that they have taken over the landlord services it will be their responsibility to ensure that the property is safe through EPC services and the inputs of the gas engineers. You should know that the certificate of inspection will be required as a proof.
Apart from that, you are not entitled to any bill. The guaranteed rent schemes are doing all they can to make sure that as a landlord you don’t pay anything regarding the property. This means that they will be paying all the utility bills and the council taxes by coordinating with the inventory property managers.