Financial stability is the ultimate goal for any Wimbledon landlord. Whilst letting out a property can help you get there, it can be stressful, time-consuming and unpredictable. There are market dips to think about, tenant management and property repairs and maintenance.
Plenty of landlords turn to a letting agency for help with this, but guaranteed rent is actually one step further. Guaranteed rent Wimbledone is the perfect solution for:
Landlords who want an estate agent to manage the property and the tenants
Landlords who want fixed rental income, every month
Landlords who want to protect their property portfolio from voids and empty periods.
Guaranteed rent is a type of rental contract set up between a landlord and a guaranteed rent provider. The guaranteed rent provider agrees to pay X amount of rental income, for the duration of the contract (usually contracts are between 1-5 years), even if the property it empty.
The guaranteed rent provider then sublets the property to tenants. The agency take care of everything from tenant viewings and references to repairs and maintenance, returning the property at the end of the contract.
Guaranteed rent Wimbledon is the best solution if you’re looking for complete financial stability. The agency is responsible for paying the rent every month, even if the property is empty or the tenant misses payments. This financial predictability means you, the landlord, can plan and invest with confidence.
Rental voids and tenant arrears are any landlord’s worst nightmare. Guaranteed rent puts an end to these, so it’s no wonder this scheme is growing in popularity so quickly.
Wimbledon is a popular area for renters, but even in popular areas, void periods can happen. But with LTA Direct’s guaranteed rent scheme, your income remains protected. Even if the property is empty.
When you choose us for guaranteed rent, you can also say goodbye to tenant management. We handle everything from tenant sourcing to maintenance. So you can sit back and enjoy hands-off financial income.
If you’re ready for financial stability and stress-free tenancies, get in touch with our team of expert letting agents. We’ll look after your property and tenants whilst you enjoy risk-free, reliable rental income.
