Guaranteed Rent

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Our company leases the property for an agreed length and rent which effectively makes us your tenant. This makes it legally possible for us to then sub-let your property.

Our contracts start at minimum term of 3 years to a maximum term of 10 years.

We cover the whole of England and Wales.

We will be fully licensed when we start operating, we will be members of the Property Ombudsman or the Property Redress scheme. Also members of the National Approved Lettings scheme (NALS) or the Association of Residential Lettings Agents (ARLA). We will have a client money protection scheme Property Mark or SafeAgent, and registered with the Information Commisioners Office (ICO).

We also have extensive knowledge of The Housing Act, The Housing Health and Safety Rating System, Furniture and Furnishings Regulations, Regulatory Fire Safety Order, Carbon Monoxide Alarm Regulations and Buildings Regulations.

We are also fully insured - Professional Indemnity Insurance and Public Liability Insurance and members of the National Residential Landlords Association.

When we sub-let the property, we take a normal deposit from the tenant which is then protected by an approved deposit protection scheme. When the tenancy ends, the deposit can be used to cover the costs of any damages.

The benefit is your rent being paid on time, every month, for the agreed length of time without any void periods, rent arrears, commission, set-up fees and hidden extras. 

A guaranteed rent service suits landlords looking for financial stability as well as knowing that their property is looked after from start to finish.

No, we do not charge any premiums, there is no need to go through a claims procedure and there is no excess to pay, we provide a genuine guaranteed rent service.

At the moment, this service is only available for properties in London.

For long lets, we ask for previous landlord details, bank, employee and/or character references to demonstrate proof of income and suitability. We also ask prospective tenants to provide proof of ID, proof of address and proof of a 'Right to Rent' in England through a passport or combination of passport and valid visa.

For short lets we ask for proof of address and either passport, national ID card or driving licence and an employment or character reference detailing why a short let is required.

For a short let tenancy where a company is the tenant, we require a proof of ID for those staying at the property and a letter from the company confirming the full names of all proposed occupants.

The tenant is responsible for setting up accounts with the utility companies directly when they move in and also when they leave, they will also need to provide meter readings at the beginning and end of the tenancy. 

The best way to work out the monthly rental payment for a property is to multiply the weekly rent by 52 and divide the total by 12.

For long lets tenants will be asked to set up a monthly standing order with their bank.

For short lets tenants will need to pay the rent in full prior to the commencement of the tenancy. We accept bank transfers for this.

Any problems with rental payments, that may result in late payment, should be conveyed to us. Arrears letters will be issued if rent remains outstanding beyond 3 days after it was due. A default fee of interest on late rent is payable at 3% above Bank of England base rate applicable if rent is more than 14 days overdue. 

Tenants should inform us two months prior to the end of their tenancy to allow enough time to arrange all the related administration.

1. Tenants read through their inventory check-in report and refresh their memory about the condition of the property when they first moved in
2. Return all items of furniture to the original room if they have been moved around – the inventory check-in report will help.
3. All areas of the property need to be cleaned to the same standard they were in when the tenants first moved in.
4. Lights bulbs are checked to make sure they are in full working order.
5. Any outdoor space the tenants are responsible for, like a garden or terrace, needs to look like it did when they moved in.
6. Tenants will need to remove any unwanted items before they leave the property, they may be charged the cost of disposal.
7. If the tenants has been hanging pictures or TVs on the walls, affixing brackets or inadvertently creating holes, then they are responsible for returning the walls back to their original condition.
8. Mould in the bathrooms is usually due to condensation. There are lots of mould cleaning products available for a DIY clean up!
9. All sets of keys need to be returned, including any security passes or security fobs
10. The tenants should take a photo of the meters on the last day of their tenancy. This should be passed onto the utility companies to give them their final readings and pay any balance owing
11. The tenant will need to close their council tax account and pay any balance owing.
12. The tenants notify TV Licensing about their change of address.
13. Tenants will need to re-direct their post with Royal Mail.
14. We provide the option for the tenants to talk to their landlord before moving out if they think there might be any issues – it can be much easier to reach a compromise in advance!

A landlord has up to 10 days from  the date the tenant vacates to propose any deductions from the deposit. Once agreed the deposit is sent back to the tenant by bank transfer and this can take up to 3-5 working days to clear into their account. If there is a disagreement then that portion of the deposit will be retained pending a resolution. 

We buy the land, research the market, and work with an architect to draw up the most profitable project for the market area, we then apply for planning, and once approved, we look for investors to work with us to fund the build.

It's impossible to say for certain how much profit each project will make, as there are plenty of variables involved in a ground up build, e.g. material costs may change, delays caused by severe weather, etc. We carry out a thorough research for every one of our projects and send out an investor pack of the cost break down and the final Gross Development Value backed up by market comparable.

Once you have decided to invest we require our investors to sign a binding contract, unfortunately if you change your mind after this you will not be able to take your investment out until the project is completed, this is because of the financial commitment we and the other investors have made to complete the project within a certain time frame.

In the investor pack the total cost of the build including all fees will be shown, your percentage will be worked out using this total cost figure and the amount you have invested?

In the other fees of the project will be a contingency of 10% of the build cost, this should cover anything that goes over our estimate, anything that goes over this contingency will be covered by us.

Of course, the only thing we ask is you arrange with the site manager due to health and safety.

We charge a fee of £1,500 for each of our deals. 

We have over a decade of experience of investing in property market in England and Wales, our extensive knowledge of the property markets means we can find the best deals for you.

We take a 25% deposit to cover the work we have done in case a deal collapses due to no fault of our own.

We can complete within  20 working days, sometimes even faster.

This service is more for people who need to sell their property fast, for example if they're moving away, need money fast e.g. in a chain, or have fallen behind on mortgage payments.

To make this work, we offer 20% below the market value.