The Major Advantages of Guaranteed Rent Scheme to Landlords
First payment is one of the things that landlords like about these schemes. This is more beneficial due to the fact that the landlords that are in the guaranteed rental scheme always gets the first payment into their accounts after signing the contract with the property managers. Immediately they sign the contract they become the service providers for the period of the contract, and you will not have to wait for the tenants to be found as they will act as the first tenants.
Fixed payments is another advantage that pulls most of the landlords into these schemes. One thing with rent schemes is that the property management guarantees the landlord a fixed monthly rent of any size or 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.
Another thing is that there is no fees or commission. When dealing with this scheme, it will be beneficial due to the fact that the property or inventory managers will not be imposing any fee on the tenant on signing the rental agreement with them. Not only that, but there is also no hidden charges or costs like the cost of servicing your gas or the gas line. Another thing that you need to be aware of is that a GAS Safety Certificate is supposed to be issued when an engineer installs the gas system in the property or upon inspecting and servicing the gas lines.
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. You find that there are also other services that are aiming at making the property look better like the EPC services which will be aiming at repairing, renovating and making the property new.
Apart from that, they also conduct regular inspections. It is important that a property to be inspected after a given a period of time. The Guaranteed Rent scheme will take all the services of the landlord and ensure that the property is inspected. This is necessary since a certificate will be required as a proof.
Apart from that, you are not entitled to any bill. What they always do is to make sure that you don’t pay anything. They take the full responsibility of paying all the utility bills and council taxes through the services of inventory property managers.