Our Guaranteed Rent Scheme is loved by many of our landlords for the certainty, security and hassle-free approach it offers. With Northwood’s exclusive Guaranteed Rent Scheme there are no nasty surprises during the tenancy. The rental income we promise you is what you get at the end of the day and, because we are experts in the rental market, this is usually more than you’d get if you decided to go it alone or use a traditional service.
Carlisle Office 01228 534000
Guaranteed Rent in Carlisle
- A guaranteed annual rental income on time, every month
- You still get paid even if the property is empty
- You get paid even if the rent is late or isn’t paid at all
- No set up fees, monthly commissions or hidden extras
- We deal with all the tenant’s queries, questions and complaints
- A guaranteed contract start date – no worrying about how long it will take to find a tenant
- If ever needed, we cover the court costs & the eviction process
- Regular property inspections and maintenance management
- Internal condition guaranteed, subject to fair wear and tear, up to one and half months’ rent
How does it work?
You’ll get fixed monthly payments regardless of whether the property is ‘let’ or ‘vacant’ and even if the tenant stops paying. We offer a minimum12 month contract* during which we manage every aspect of the tenancy for you. There are absolutely no fees, commissions or hidden extras to pay. The key difference between Guaranteed Rent and more traditional services is that it is a contractual agreement between us and you (the landlord) in which we, effectively become your tenant.
Why Guaranteed Rent?
Letting a property is an unpredictable process, you never know what might affect your rental income. This can be a bit of a shock, particularly for new landlords, who expect to have 12 times the monthly rental in their pockets at the end of the year. Unfortunately this is rarely the case.
Unexpected costs
There can be empty or ‘void’ periods between tenancies when no rent is coming in, tenants can be late in making payments (sometimes
very late), properties might need repairs after damage or other unexpected costs. Occassionally there is even a need for legal action.
Demands on time
Being a landlord can take considerable time and effort. Dealing with questions, requests or complaints from tenants on top of all the normal demands in life can become a real source of frustration for landlords.
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