Guaranteed Rent FAQs

We effectively become your tenant therefore ensuring that you get a fixed rental income each month for a minimum period of 12 months. We then sub-let your Banchory property to a sub-tenant via a Private Rented Tenancy. You will receive your rent each month whether there is a tenant in place or not or if the tenant stops paying, unless the property is rendered uninhabitable.

It is in our best interest that we find the best tenant possible. We will deal with any repair work required at the end of the tenancy (subject to a maximum value of six weeks rent) and our in-house legal team will deal with any breaches of the PRT at no extra cost to you.

At Northwood Banchory, we can offer a variety of contracts with a minimum of 12 months. Contracts can be renewed on a rolling basis or for a further fixed period.

We have offices in Rosemount in Aberdeen city and into Aberdeenshire, in Banchory, Inverurie and Stonehaven. If you’re in the North East, we can help you!

No, our service provides you with genuine guaranteed rent each month. We do not charge any premiums, there is no need to make a claim and there is no excess to pay.

Of course! Northwood were the first company to offer genuine guaranteed rent to the UK in 1995. Across the franchise, we have over 10,000 landlords spread over 95 high street offices that enjoy our Guaranteed Rent service. We are also a founding member of the Propertymark scheme, and all our offices belong to either the National Approved Lettings Scheme (NALS) or the Association of Residential Lettings Agents (ARLA). We are also members of The Property Ombudsman.

When we sub-let your property in Banchory, we take a normal deposit from the tenant which is then protected with one of the approved deposit protection schemes. When the tenant leaves, the deposit can then be used to cover any costs of damages. We guarantee to pay up to 1.5 times the monthly rent, subject to wear and tear, in respect for the condition of the property.

Being a Guaranteed Rent landlord, you will have no void periods, no rent arrears, no commission, no set up fees and no hidden extras to worry about. You will not have to deal with the tenants, and we can be flexible with start and payment dates and contract lengths. Click here to find out more!

Finding the right letting service for you all depends on how much responsibility and risk you want to take. Our Guaranteed Rent Service best suits landlords in Banchory who are looking for financial stability as well as knowing that their property will be looked after from start to finish. We also offer other rental services that may suit you more, it just all depends on how much you want to be involved.

Click here to find out the other landlord services we offer in the North East.

We understand that whatever your circumstances, letting out your property is a big deal. Matt, our Operations Director, speaks with all landlords to answer all questions to ensure that the service is explained as clearly as possible. We don’t believe in pushy sales tactics, so if you’d like to arrange an informal chat, please do contact us.

Call us 01330 700 772 | email us: aberdeenshire@northwooduk.com

Visit us: 57 High Street, Banchory, AB31 5TJ