Receive, long-term
rental income
- Up to 5 years
- No voids or fees
- Fair and reasonable market rent
Get a Free Rent Valuation
What is guaranteed rent?
Guaranteed Rent is where you rent your property out to a company,under the conditions which allows them to short term let your property to their clients rather than a standard tenant. The company becomes responsible for paying you the pre-agreed rent for a fixed period of time, regardless of whether the property is being used or not.
The property is cleaned on a regular basis and all Guests are vetted to ensure your property is kept safe. Guaranteed Rent has been a popular choice by Landlords for many reasons, the main one being no rent voids and regular cleaning of properties.
Why do we do this?
We are a professional, high-end serviced accommodation provider. This means we provide short/medium-term accommodation to our clients. These clients are usually relocating or working in an area on a temporary basis and we provide a high-end hotel-like service for them and they pay on a nightly or weekly rate.
We work with landlords, developers and Letting Agents by leasing properties on a long-term basis. Our specialist team then uses these homes to meet the demand of our clients. As a Landlord you will consistently receive your pre-agreed rent throughout the duration of the agreement, regardless of the occupancy and without any hassle or late payments.
Guaranteed Rent Includes:
- No rent arrears
- 0% agency fees
- Free refurbishment to the property
- No hassle, completely passive income for you
- Long agreements (1 - 5 years)
- Property maintained to a high standard
- All maintenance & bills covered
- Your property is professionally cleaned on a regular basis
- We will carry out minor repairs
- You’ll receive guaranteed rent every month whether the property is occupied or not
- You will continue to benefit from the capital growth appreciation
- We become the tenant in a way
- We take over the bills
How much rent can we offer?
This will depend on a number of factors: Location, Property Type, Condition and of course the “Big One” your properties appeal to the short term let market place.
We have in-house software which allows us to determine a Fair rent value for your property and we will always look to maximize the amount we can offer. We truly believe in both parties gaining from this opportunity.
Generally, our offers are +/- 10% of the standard market rate for your house. When you consider that your costs, fees and voids are next to nothing, landlords generally agree this is a good option.
What is the process?
We like to keep things very Simple for our Landlords from start to finish!
- Contact Us – We will carry out a “Desktop Survey” of your property to see if we feel it could be a feasible option.
- We arrange to view the property within 48 Hours.
- We make you an offer.
- Sign contracts and handover deposits.
- You pass the keys!
Our quickest turnaround from start to finish has been 7 working days!
© Host Lets. All rights reserved