How Landlords Benefit from the Guaranteed Rental Schemes
Most of the people prefer guaranteed rental schemes because of the first payment. 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. 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. This is beneficial since once you engage the schemes you will be guaranteed a fixed rental amount of any size 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. 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. Another thing is that they have no hidden charges like gas safety charges which are being charged upon servicing your gas line. You find that a gas safety certificate is supposed to be issued if the engineer installs any gas appliance or upon servicing.
Higher rents is one of the benefits that landlords reap from the guaranteed rent schemes. After signing the contract, it is their responsibility to set the prices of the houses the way they want. By fetching higher prices for your property, they will be boosting the value of your property by some margin. 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.
We also have regular inspections. This is a necessity and should be done regularly. The Guaranteed Rent scheme will take all the services of the landlord and ensure that the property is inspected. 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.