Guaranteed rent has been growing in popularity in the property market. Many landlords are signing guaranteed rent agreements to protect themselves from empty periods and the hassle of tenant selection and tenant management.
When you sign up for guaranteed rent in Newham the letting agent effectively becomes your tenant. Then, the letting agent sublets your property to the tenants who will live there.
The letting agent is responsible for:
Because your contract is with the letting agent, they are responsible for the monthly rent. Even if the property is empty or the tenant misses a payment.
Sounds too good to be true? That’s something we hear a lot, but there are so many benefits to guaranteed rent.
Along with the benefits above, landlords also benefit from:
And they don’t have to lift a finger. From the moment the guaranteed rent contract is signed, the letting agents will manage everything.
Guaranteed rent in Newham can be a great way to strengthen your property portfolio. Whether you have several properties or just a single one, guaranteed rent gives you a fixed rental income every month, so there’s no need for you to worry about mortgage bills.
If you’re curious about guaranteed rent in Newham, use our rent calculator for a free valuation.
Estate Agents
Hi, thanks for visiting Sparemove Estate Agents. Are you thinking of selling or letting your property?
Request Valuation