The buzz around the property world at present seems to be “Rent to Rent” or as we like to call it Rent Guarantee. Do not confuse this with Rent Guarantee Insurance as with our Rent Guarantee Scheme there is no set up costs and no excess charges and no small print which stops claims being made for the 90 days of the policy.
Our Guaranteed Rental Income Cardiff scheme is simple to understand and guarantees landlords in Cardiff and across South Wales piece of mind that they will receive a guaranteed rental income each month with no void periods and no hassle.
How Does Rent Guarantee Work
The flow chart on the left explains it best. For “Rent to Rent” or Rent Guarantee to work three separate parties are needed:
The landlord this is the party who is looking for a guaranteed rental income for their property investment.
Rooms in Cardiff: We provide The Landlord with a true rental market appraisal of their property investment as well as providing a Rent Guarantee figure we can provide each month of the contract term whether your property is tenanted or not.
Tenant(s): If The Landlord agrees to Rooms in Cardiff Rent Guarantee figure and enters into a Rent Guarantee agreement then it is Rooms in Cardiff job to proactively search for professional and referenced tenants, set up tenancies and manage the property investment at no expense to The Landlord.
The contract between The Landlord and Rooms in Cardiff is a commercial Agreement or Management Agreement which outlines when the Rent Guarantee Scheme will commence, its duration and the Rent Guarantee figure The Landlord will receive.
Once a professional Tenant or Tenant(s) have been found and they have successfully completed Landlord Referencing, Employment Referencing and Credit profiling Rooms in Cardiff will enter into an Assured Shorthold Teancy (AST) for a 6 month period with the tenant(s) as well as conducting a thorough inventory and lodging tenant deposits with The Deposit protection Service as required by the Housing Act 2004.
If you are looking for a Guaranteed Rental Income Cardiff our no fuss and easy to understand Rent Guarantee Scheme is the perfect solution whether your property investment is an apartment, flat, bungalow, family home or house of multiple occupancy (HMO).
For a no obligation Rent Guarantee appraisal please email firstname.lastname@example.org or call us on 0845 496 0000 to speak with one of our team.