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Most of the people prefer guaranteed rental schemes because of the first payment. This is more beneficial due to the fact that the landlords that are in the guaranteed rental scheme always gets the first payment into their accounts after signing the contract with the property managers. You will not have to wait until the tenant is found and he will effectively become the service provider for the whole duration of the rent contract.
Most of the landlords also prefer these schemes because of the fixed payment. One thing with rent schemes is that the property management guarantees the landlord a fixed monthly rent of any size or 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. In the guaranteed rent schemes the property managers do not charge the tenants any fee upon entering into a rental contract with them. Apart from that there are no hidden charges such gas safety of which they can be charged for servicing their gases. One thing that you need to know is that a gas safety certificate is supposed to be issued when an expert installs the gas system or upon servicing it.
Another benefit that landlords get from these schemes is higher rents. After signing the contract, it is their responsibility to set the prices of the houses the way they want. One thing is that they always fetch higher prices for your houses which will help in boosting the value of your property. 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.
We also have 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 necessary since a certificate will be required as a proof.
You are also not entitled to any bill. The guaranteed rent schemes are doing all they can to make sure that as a landlord you don’t pay anything regarding the property. Through the services of inventory manager they will pay all the utility bills as well as the council tax related to the property.