How Landlords Benefit from the Guaranteed Rental Schemes
Most of the people prefer guaranteed rental schemes because of the first payment. One thing with the landlords that use this scheme is that they always get the first payment in their account within 24 hours after signing the rent contract with the property management service providers. Immediately they sign the contract they become the service providers for the period of the contract, and you will not have to wait for the tenants to be found as they will act as the first tenants.
Most of the landlords also prefer these schemes because of the fixed payment. You find that when you are dealing with these schemes the property management service providers will guarantee you a fixed payment of any amount 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. Not only that, but there is also no hidden charges or costs like the cost of servicing your gas or the gas line. One thing that you need to know is that a gas safety certificate is supposed to be issued when an expert installs the gas system or upon servicing it.
Most of the people also prefer guaranteed rent schemes because of the higher rents. Having taken charge, it will be upon them to decide on how they would like to price the houses. One thing is that they always fetch higher prices for your houses which will help in boosting the value of your property. You find that there are also other services that are aiming at making the property look better like the EPC services which will be aiming at repairing, renovating and making the property new.
Apart from that, they also conduct 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. This is a requirement and an inspection certificate will be required by the local authority to make sure that everything is in the right place.
Another thing is 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. They take the full responsibility of paying all the utility bills and council taxes through the services of inventory property managers.