How does a Rent Guarantee Scheme work?

How does a Rent Guarantee Scheme work?

At rentmyhometoday, we understand letting your property is an uncertain and challenging process. There are various circumstances that can affect your actual rental profit so you might end up with much less than you planned for. This is not uncommon, especially for new landlords whom often believe that in a years’ time, they’ll have 12 times the monthly rental banked. Sadly, this is not the case, there’s a lot of hidden costs with renting property in the UK such as the new tax changes, increasing government health and safety certification, repairs, maintenance, void months in-between tenancies, non paying tenants, council tax liability during un-occupancy etc. That’s why we’ve shaped our proven guaranteed rent scheme.  In this blog we are going to explain what we can do for you and how it all works.

How does our 'Guaranteed Rent' Work?

It’s really simple, landlords ideally want tenants who are professionals and provide guaranteed rent.

Here at rentmyhometoday our guaranteed rent service delivers exactly that.

  • We’re your tenants and we guarantee rent each month.
  • The contract is between ourselves and you (the landlord), so you are guaranteed rent for 3-5 years for your complete piece of mind.

How soon can you Guarantee my rent?

Once the contract is signed and we have the keys to the property we promise to start paying you the rent on or before a set date.

Is there a catch with a rentmyhome today contract?

Quite simply, No.  We are often asked how do we make our money, especially as we charge no set up fees or commission.

A Cavalieri Serviced Rentals guaranteed rent scheme is personal, simple and honest.

  • We pay you a little less than the open market rent but promise to provide you with a lot more money in your pocket especially if you take the hidden costs of renting into consideration.
  • We are able to offer you more than any other Lettings or Guaranteed rent company as our model is different. We are adding your property to our serviced accommodation portfolio which is something similar to a hotel room but with a home feeling.
  • We renovate your property to current regulations at our cost increasing the value of your property.
  • We take care of the repairs at our cost, like finding a reliable plumber to fix the boiler when it packs up, so you don’t have to. Other Lettings or Guaranteed rent companies will charge you for this.
  • You enjoy the benefits of watching your investment appreciate in value, all whilst receiving hassle free rent every month.
  • We’re experts in the rental and serviced accommodation market, and specialize in offering guaranteed rent in the South of England.  We are confident that the annual rental income you actually bank is more than you’d get if you decided to opt for the usual more risky approach.

How does rentmyhome today compare with other Guaranteed Rent schemes?

There are many different types of Guaranteed Rent schemes offered to landlords.  We know it can be confusing to determine exactly how they differ. However, despite sharing the same name, the range of offerings are significantly different.

Aside from a personal, simple and brilliant service guaranteed with us, here’s why you should choose rentmyhometoday.

  • Competitive and guaranteed rent for up to 3-5 years with no voids.
  • Save on set up costs to make the property compliant to the latest regulation*
  • Save on repairs and maintenance as we cover the cost.*
  • Save on agency finder’s, renewals, re-let and other fees.
  • Save on annual safety checks - Gas, Electric and Fire Alarm.
  • Rental tax saving advantages.
  • Monthly property inspections.
  • Tried, tested and proven professional Company.
  • Low risk

We can’t wait to start the rental journey with you.

So for more information on guaranteed rent speak to us today...