For many people, the work, costs, and risks of being a private landlord are too much. It can deter them from investing in properties. However, there is a better alternative. Finefair Ltd can arrange solutions that have none of these drawbacks. Read on to learn about council guaranteed rent in Camden and how it can benefit you.
A different way to let
Working with the council is a really great option for many people. It works by agreeing to let them use your property. They will do all the traditional jobs associated with letting, including choosing tenants and managing the property. It saves you from doing any of it. In return, you get a stable, consistent income that is completely guaranteed.
The biggest advantage here is the security against voids where there are no tenants in the property. That won’t be your concern and there will be no impact on your rent money. In addition, it provides protection in the event that any tenants have an issue and can’t or won’t pay. With the council being the one to pay the rent to you, there will be no breaks, stoppages, or interruptions.
Easily the greatest thing here though is the flexibility. Councils appreciate that property owners have different strategies in mind. So, you can typically arrange to lease with them for as little as a year to cover the short term. Or, you can agree for leasing up to five years if you are arranging for the mid to long term.
Options for different properties
Another great thing about council guaranteed rent in Camden is you can typically make arrangements for any type of home. Councils tend to have properties they have a desperate need for, generally larger family homes. However, most will have waiting lists of people who want everything from small flats to large houses. So, you should have no trouble. We even have experience arranging things for blocks and estates.
The services are also suitable for different portfolios. Councils will generally be very pleased when landlords want to give them access to their whole portfolio. It can give them lots of homes to use. At the same time, you can get the same guarantees on the income and freedom from having to do any of the work to get tenants and manage the properties.
Exceptional results
If you still need more convincing, the service can achieve high rents for you. The council controls the rates, so you will get a great amount. It can result in a healthy yield.
Plus, you get the security of management and maintenance as part of the service. In fact, we go a step further to help here because we have our own team on standby 24/7. This can help with taking care of emergency maintenance and more.
Do you want council guaranteed rent in Camden?
Finefair Ltd has been specialising in rent guarantees for a long time. We know how beneficial they can be for landlords and investors. However, we also understand they benefit the local councils and people living in the areas. After-all, agreeing to a scheme helps make more homes accessible to locals.
So, if you want the benefits of a stable income as well as the savings from not having to worry about marketing and management costs, choose council guaranteed rent in Camden. We can arrange it for you, including offering tips on preparing the property and getting all of the documentation in place. So, contact us to get started.
