Finefair Ltd is well known throughout London for our ability to aid landlords and investors in various areas. In fact, we are the leading company specialising in private sector leasing Barking and Dagenham has. If you intend to purchase a property for investment reasons, the knowledge and expertise we possess will be invaluable to you. With our people by your side, you will be able to make the correct choices.

What is a private sector leasing scheme?

A private sector leasing scheme can potentially be an extremely profitable endeavour for landlords. It is not something that is too difficult to understand. To begin with, you let your building to the local authority. Then, they utilise the home in order to accommodate people at risk of becoming homeless, or to low-income, disabled, or elderly individuals.

If you are a landlord aiming to rent your property, you are probably wondering why you should join a scheme. You could just find your own tenant. However, you need to know that this kind of private leasing includes a myriad of advantages.

Consistent money

One such advantage would be the consistent income you can get by letting to the local authorities. When someone joins one of these schemes, they gain guaranteed payments. The council you work with shall pay you a set amount of money each month. In some cases, there will even be advance payments.

The tenants are only going to be responsible for a small part of the rent at most here. However, you don’t need to worry if the tenants don’t pay their portion of the rent. The local council will cover the whole amount you are due. Speak to us if you require the greatest services for private sector leasing Barking and Dagenham has.

Protection from damages

Another benefit to this kind of scheme is that you will receive protection against damages. Let’s say that the tenant damages your building’s walls or a garage. Going after the tenants for compensation can be a real struggle. With a private sector leasing scheme though, the council holds responsibility for damages the tenants cause. It means you will never be out of pocket.

A hands-off approach

This sort of scheme also offers a more hands-off service. As long as you are providing the property, the council will take care of the management. You don’t need to concern yourself with things like repairs or inspections.

Choose private sector leasing in Barking and Dagenham

Finefair Ltd is the perfect place to be if you are after the top services to protect your rent and assets. As a property owner, we can help you assess what currently works and doesn’t work with your portfolio. We can then suggest changes to help you maximise the income you can make.

So, contact us today if you are looking to get on the best scheme for private sector leasing Barking and Dagenham has. We can set it up for you.