Owning a rental property in Aberdeen city and shire can be a rewarding venture, but it’s not without its share of challenges. Finding a suitable tenant, avoiding vacant periods and ensuring a consistent income to cover costs are the top stresses we hear about day in and day out, and exactly where Guaranteed Rent takes centre stage.
Northwood’s Guaranteed Rent is a one-of-its-kind service, exclusive to our company. There are no upfront costs or a monthly commission, and it is not an insurance policy.
We take stress out of the equation by offering more than just income protection. We guarantee a tenant. Here’s how, and why it’s a game-changer for landlords:
A guaranteed tenant
Simply put, we (Northwood) effectively become your tenant and will sub-let your property to suitable residents. Even if your property is vacant or if the tenant falls behind on rent, you’ll still receive your monthly payments. It’s a lifeline for landlords who rely on rental income to cover their mortgage and property expenses.
Avoid voids
Voids can be a landlord’s worst nightmare, especially as costs rack up whilst your property remains vacant during the timely tenant find period. Should this occur, Guaranteed Rent removes the financial worry as you’ll continue to receive your monthly payment from Northwood, whilst we take care of finding & vetting the most appropriate tenants.
A fully managed service
Beyond rent collection, your Property Manager also handles all tenant questions, complaints and maintenance queries. We take the day-to-day communication off your plate, allowing you to enjoy a hands-off approach to your property management in a true let-and-forget fashion. Any questions? Your Property Manager is based in Aberdeen and available at the end of the phone or in the office.
Property conditions
Our Guaranteed Rent service offers you peace of mind by guaranteeing the internal condition, subject to fair wear and tear, up to one and a half months’ rent. And, of course, we conduct regular property inspections to ensure the welfare of your property. We’re invested in protecting your property as much as your income.
Eviction & legal costs
Whilst rare, evictions do occasionally happen and it’s best to be prepared. Should this become necessary, we’ve got your covered. We handle the court costs and the entire eviction process, ensuring it’s a smooth and hassle-free experience for you. This added layer of protection makes our service a comprehensive solution for landlords.
Guaranteed Rent does what it says on the tin. A reliable and consistent financial solution for at least 12 months, it frees you from the uncertainty and risks often associated with rental properties.
At Northwood, we understand the importance of your property’s performance and your financial peace of mind. We’re here to make your life as a landlord easier, more profitable, and stress-free. With our Guaranteed Rent service, we go the extra mile to ensure you not only receive your rental income but also enjoy a seamless and worry-free property management experience.
If you’re a landlord in Aberdeen or Aberdeenshire looking for a tenant guarantee and a service that truly has your back, Northwood’s Guaranteed Rent service is your ideal choice. Contact Matt & the team today to learn more and explore the benefits of choosing Northwood.
Aberdeen: 01224 218450 | Inverurie: 01467 530591
Aberdeen: aberdeen@northwooduk.com | Inverurie: aberdeenshire@northwooduk.com
207-211 Rosemount Place, Aberdeen, AB25 2XS | 23 West High Street, Inverurie, AB51 3SA
