One of the major benefits is 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.
Fixed payments is another advantage that pulls most of the landlords into these schemes. This is beneficial since once you engage the schemes you will be guaranteed a fixed rental amount of any size in any location. Like in the property management London scheme, the landlords are assured of monthly payments even if the tenants have not paid rental payments, the property is vacant, or it is let.
Another thing is that there is no fees or commission. When dealing with this scheme, it will be beneficial due to the fact that the property or inventory managers will not be imposing any fee on the tenant on signing the rental agreement with them. Another thing is that they have no hidden charges like gas safety charges which are being charged upon servicing your gas line. You find that a gas safety certificate is supposed to be issued if the engineer installs any gas appliance or upon servicing.
Higher rents is one of the benefits that landlords reap from the guaranteed rent schemes. 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. You find that there are also other services that are aiming at making the property look better like the EPC services which will be aiming at repairing, renovating and making the property new.
Another thing is regular inspection. This is a necessity and should be done regularly. Being that they have taken over the landlord services it will be their responsibility to ensure that the property is safe through EPC services and the inputs of the gas engineers. This is a requirement and an inspection certificate will be required by the local authority to make sure that everything is in the right place.
You are also not entitled to any bill. What they always do is to make sure that you don’t pay anything. Through the services of inventory manager they will pay all the utility bills as well as the council tax related to the property.