06/12/2022
Guaranteed rent can take away many of the stresses that landlords face, they won’t lose rent in empty periods, and they also don’t have to worry about maintenance costs, finding tenants and processing deposits, references and tenancy contracts. However, that does not mean that all guaranteed rent arrangements are perfect. There are a few common mistakes we see, so we’ve put together some tips to avoid these.
Rent to rent’ or ‘guaranteed rent’ is becoming an increasingly popular model for landlords and letting agents, particularly in and around London. In a guaranteed rent arrangement the landlord grants a lease to the company, usually a lettings agent, for a period of time, usually 2-3 years. The ...