How does the scheme work?
Simplicity Lets effectively become your tenant, guaranteeing you a fixed rental income. You will continue to receive the agreed rent regardless of whether the property is tenanted or empty. All of what is covered under our Guaranteed Rent Scheme has been broken down below.
No management fees
When we take on your property, we provide a full property management service at no additional cost. We deal directly with the tenants, ensuring a hassle-free experience for you, with no management fees charged.
1 to 5-year lease
We offer fixed-term leases ranging from one to five years, providing long-term security and peace of mind. Throughout the lease period, we take full responsibility for managing your property while guaranteeing a fixed monthly rental payment.
Fixed guaranteed rent term of lease
Under our Guaranteed Rent Scheme, you are assured of receiving your rent for the entire term of the lease. You will not need to worry about rent arrears, void periods, or tenant payment issues — your rent is paid every month without exception.
Benefits to landlords
- No void periods
- No rent arrears
- No management or commission fees
- No set-up, renewal, or hidden fees
- No direct involvement with tenants
- Flexibility with payment dates, contract lengths, and commencement dates to suit your requirements.
Guaranteed vacant possession
At the end of the lease term, should you wish to regain possession of your property, we take full responsibility for re-housing the tenants and guarantee the return of the property with vacant possession, in the same condition as when it was handed over (fair wear and tear excepted).
Not an insurance policy
Our Guaranteed Rent Scheme is not an insurance product. We provide guaranteed rent payments directly to you each month, with no insurance premiums or additional costs.