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 a property, we provide a full management service, we deal directly with the tenants so you don’t have to, and we don¹t charge anything for the service.
1 to 5-year lease
Signing a lease for a fixed period gives you added security, meaning you can relax in the knowing we will be managing your property and Guaranteeing you a monthly agreed sum.
Fixed guaranteed rent term of lease
If you give us a property to rent under the Guaranteed Rent Scheme you can have the peace of mind that you will receive your rent from us for the entire period of the lease. You will not have to worry about tenants falling into arrears with their rent, or for void periods where the property is unoccupied, You will STILL GET PAID!
Benefits to landlords
The benefits of a rent guarantee scheme for landlords include no void periods, no rent arrears, no commission, no set-up fees, no renewal fees or any other “hidden extras”. No need to deal with the tenants at all. We can be flexible with payment dates, contract lengths, and start dates.
Guaranteed vacant possession
On completion of the lease period if you decide you want your property returned, we take responsibility tore-house the tenants and guarantee the return the property in the condition it was given to us, with vacant possession.
Not an insurance policy
Our service provides you with Guaranteed Rent each and every month. We do not charge any insurance premiums.
