What is the Guaranteed Rent Scheme?
The guaranteed rent scheme is the perfect solution for landlords who want to minimise the stress and hassle of renting a property. Essentially, you will rent your property to a letting agent for a fixed period of time for an agreed figure each month. This means that you will receive rent whether the property is occupied or not, and usually, these schemes last between 3 and 5 months.
The property management company will become the sole tenant of the landlord and will also take on all the costs associated with the property, including maintenance, upgrades, and repairs. The property company can be let out by the room or as a whole.
What are the Pros and Cons?
Of course, there will be pros and cons to everything, and it is only fair that you have a full picture of the scheme before you commit to anything.
Pros
Timely and guaranteed payments – Of course, the most important benefit to the scheme is the guarantee that you will receive a monthly payment on time and in full. You don’t have to worry about chasing tenants or getting stressed in the process. We will take care of everything for you.
No stress—In addition to enjoying fixed monthly payments, you won’t have to worry about anything while we manage your property in full. We will help you maintain your investment and carry out any necessary repairs before they become emergencies.
No more utility costs – the guaranteed rent scheme also means that you don’t have to worry about utility or council bills; we will take care of everything. Even if the property is empty for a period of time, none of the responsibility will fall on you. No more regulations – When you enter into the guaranteed rent contract, you will no longer have to worry about any regulations concerning health and safety. Taking care of all these necessary checks, inspections, and paperwork will become the job of your new property management company.
Cons
Lack of decision-making power—Once you enter into the contract, you will no longer be in charge of making any decisions regarding the property, such as who will be renting. For some, this is seen as a disadvantage; for others, they are happy to sit back and simply enjoy the rent money each month!
Poor property management—If the property management company isn’t doing its job well, you could end up with poor maintenance or damage that is costly to repair. Luckily, here at Denhan International, we have years of experience and knowledge in this field, and we will treat your property like our own.
Third-party scams – if you don’t do your research properly, you could end up signing a contract with a third party whose only aim is to scam you. This is why you should always enter into contracts with legitimate companies with proven success, like us here at Denhan. The whole point of the guaranteed rent scheme is to take away hassle and stress, not add to it.
To help you make an informed decision and to make it easier to take in, we’ve put together a table that shows the advantages and disadvantages of the Guaranteed Rent Scheme:
| Advantages | Disadvantages |
| Fixed monthly rental income | Potentially lower rental income compared to market rates in high-demand areas |
| No void periods or financial uncertainty | Long-term commitment required (up to 5 years) |
| Comprehensive property management | Limited control over tenant selection |
| Coverage of utility costs and council tax | Possible fees for early termination of the contract |
| 0% commission and no hidden fees | May not suit landlords preferring hands-on management |
| Regular property inspections | |
| Legal protection and compliance | |
| 24/7 maintenance call-out service |
We have provided you with information about the guaranteed rent scheme and all the facts surrounding it. You can decide if this option is suitable for you and if the pros outweigh the cons, but as an experienced guaranteed rent company in Wandsworth, we believe that the benefits speak for themselves. Opting for the Guaranteed Rent Scheme offers landlords a rare blend of financial stability with hassle-free property management. This scheme ensures you receive a fixed monthly rental income, irrespective of tenancy status, which will eliminate the stress of void periods and late payments.
Here at Denhan, we will take on all aspects of property management, from rigorous tenant vetting and regular inspections to covering utility bills and council tax. By having less paperwork and administrative work, you can focus on what is really important and simply enjoy the perks of being a landlord. Our 0% commission structure means that there are no hidden fees, so you know exactly what you will be receiving each month, and there will be no surprise bills or unexpected extras added to your monthly invoice. Not only that, but Denhan International provides legal protection and compliance with all current tenancy laws, reducing the risk of disputes and potential fines.
We will keep up to date with the constantly changing regulations so that you don’t have to worry – it can be confusing if you don’t know property law very well! Our 24/7 maintenance call-out service ensures any issues are promptly addressed, maintaining both tenant satisfaction and the property’s condition. With over two decades of experience and extensive local market knowledge, Denhan tailors their services to your specific needs, offering flexible leasing options from one to five years. The positive feedback from numerous satisfied landlords and tenants really shows our commitment to delivering exceptional service and achieving optimal outcomes for their clients, and will give you peace of mind that this offer really works! Ultimately, the guaranteed rent for landlords in Lambeth will allow you to enjoy the perks of property ownership without the hassle stresses, making it an ideal choice for landlords seeking a secure, hands-off investment opportunity.
If you are looking for a hassle-free solution to renting your property with a fixed income each month, then get in touch with us here at Denhan International today to book a property visit or speak to our friendly team. Our aim is to give you the most from your investment and keep all the stress at bay.