What is a rent guarantee scheme?
Many landlords aren’t sure what a rent guarantee scheme is – with many believing it’s merely some sort of insurance policy. It’s far more than this – in fact, this is the ultimate way to get ‘hassle free’ letting. Here at Purple Property Management we can take the stress out of managing your property and can ensure you receive fixed monthly payments even if your property’s not rented out.
Purple Property Management offers up to 5 years guaranteed rent and will manage every single aspect of the tenancy during this period – with no monthly fees, commissions or hidden surprises to pay for. This is much easier for landlords in comparison to other services, as it’s a contractual agreement between them and us, where we take care of everything – ensuring our landlords have complete peace of mind.
This innovative system means you’ll be protected against familiar risks associated with letting property and be able to effectively keep track of your cash flow.
Why YOU should consider a rent guarantee scheme
As we said previously, a rent guarantee scheme has nothing to do with guaranteed rent insurance at all. It’s completely different. Our rent guarantee scheme is for all landlords looking for security when it comes to ensuring they get their rent paid. Our service will especially appeal to:
- Both big and small buy-to-let landlords who have portfolios they need looking after and who want to be able to manage their cash flow with minimum stress.
- Those ‘accidental landlords’ who are moving out of their property to another area – but who want to keep their initial property for whatever reason.
- Expats living overseas who want to ensure they don’t have any hassle when it comes to receiving their rent as they’re far away from the UK.
