How Landlords Benefit from the Guaranteed Rental Schemes
Most of the people prefer guaranteed rental schemes because of the first payment. One thing with the landlords that use this scheme is that they always get the first payment in their account within 24 hours after signing the rent contract with the property management service providers. With this in place, you will not have to wait until the tenants are found as they will become the first tenants and they will be the service providers for the whole duration of the contract.
Another benefit is fixed payments. You find that when you are dealing with these schemes the property management service providers will guarantee you a fixed payment of any amount in any location. One thing that is more enjoyable is that you will get your payment in time even if the tenants have not paid, the property is vacant, or the property has been let like in the case with the guaranteed London property management service providers.
Most of the people also prefer these schemes since they charge no fees or commission. When dealing with this scheme, it will be beneficial due to the fact that the property or inventory managers will not be imposing any fee on the tenant on signing the rental agreement with them. Another thing is that they have no hidden charges like gas safety charges which are being charged upon servicing your gas line. Another thing that you need to be aware of is that a GAS Safety Certificate is supposed to be issued when an engineer installs the gas system in the property or upon inspecting and servicing the gas lines.
Another benefit that landlords get from these schemes is higher rents. Having taken charge, it will be upon them to decide on how they would like to price the houses. By fetching higher prices for your property, they will be boosting the value of your property by some margin. As a landlord you will not pay for the fee towards maintenance as they have arranged for EPC service in place to take care of that.
Apart from that, they also conduct regular inspections. This is a necessity and should be done regularly. The Guaranteed Rent scheme will take all the services of the landlord and ensure that the property is inspected. This is a requirement and an inspection certificate will be required by the local authority to make sure that everything is in the right place.
Apart from that, you are not entitled to any bill. What they always do is to make sure that you don’t pay anything. They take the full responsibility of paying all the utility bills and council taxes through the services of inventory property managers.
Resource: wikipedia reference