The tenants have no direct relationship with the landlord, and everything is handled by
the ‘main tenant’. It alleviates some of the overwhelming set of responsibilities a landlord has and works very well for:
new landlords with little or no experience.
landlords that are far from their investments.
or investors that own several properties, estates, or HMOs where management can become overwhelming.
Most private companies running Guaranteed Rent schemes charge 0% commission and state there are no up-front payments. Their profits come from the difference between the guaranteed payment agreed with the landlord and the monthly rent they achieve on
the property, minus time, and expenses.
It’s not a secret, as most guaranteed rent companies are quite transparent in telling you that you are trading some potential profit in exchange for stability and guaranteed payments. They are talking about all the risks. If you believe a Guaranteed Rent Scheme is right for your circumstances, then we are here to help. Find out what Guarantee Rent Scheme Wentworth Properties provides.