At Northwood Taunton, we understand that renting out your property can sometimes feel like a leap of faith. Whether you’re a seasoned landlord or new to the market, the uncertainties and risks involved can be daunting. That’s why we offer our unique Guaranteed Rent service—a solution designed to provide you with peace of mind and a steady income stream, without the usual stress associated with property letting.
Taunton Office 01823 785444
Guaranteed Rent in Taunton
What Is Guaranteed Rent?
Guaranteed Rent is a comprehensive letting service that ensures you receive a fixed monthly income from your rental property, regardless of whether it is occupied or not. Unlike traditional letting agreements, where your rental income is dependent on finding and retaining tenants, our Guaranteed Rent service takes away the risk and uncertainty. You’ll receive a set amount each month, even if the property is empty or if the tenant falls behind on rent payments.
How Does Guaranteed Rent Work?
The process is simple and straightforward. Once you’ve decided to opt for our Guaranteed Rent service, we will agree on a fixed rental amount with you. This amount is typically slightly lower than the market rent to account for the added security and convenience our service provides. Once agreed, we take over the full management of your property, including finding and vetting tenants, handling maintenance issues and dealing with any potential disputes.
From the agreed start date, you will receive your rental payment on the same day each month, for the duration of the contract. Whether your property is occupied or not, your payment is guaranteed.
The Benefits of Guaranteed Rent
Stress-Free Income
One of the main advantages of our Guaranteed Rent service is the removal of stress from the letting process. As a landlord, you no longer need to worry about void periods, rent arrears or late payments. Your income is secure, giving you financial stability and allowing you to plan for the future with confidence.
Full Property Management
Alongside the guaranteed income, our service also includes full property management. This means that our expert team will handle everything from tenant sourcing to maintenance and repairs. We take care of all of the day-to-day tasks associated with being a landlord, freeing up your time and reducing your workload.
No Letting Fees or Hidden Costs
With our Guaranteed Rent service, there are no letting fees or hidden costs. We cover all management fees within the agreed rental amount, so you won’t face unexpected charges. This transparent approach is part of our commitment to providing a hassle-free service to our landlords.
Legal Compliance and Safety
We ensure that your property complies with all current regulations, including gas safety, electrical safety and Energy Performance Certificates (EPC). Our team stays up to date with the latest legislative changes, so you can rest assured that your property is always compliant. In the unlikely event of a legal dispute with tenants, we handle the entire process, protecting your interests throughout.
Flexibility and Control
Our Guaranteed Rent contracts are flexible, typically ranging from one to three years, depending on your needs. At the end of the contract, you have the option to renew or take back full control of your property, giving you complete flexibility in managing your investment.
Why Choose Northwood Taunton?
At Northwood Taunton, we are part of a nationwide network with a reputation for delivering exceptional property management services. Our local team is highly experienced and knowledgeable about the Taunton property market, ensuring that we can provide the best advice and service to our landlords.
We understand the unique needs of landlords in Taunton and the surrounding areas, and our Guaranteed Rent service is tailored to meet these needs. Our focus is on providing a service that not only secures your income but also gives you the freedom to enjoy your investment without the usual concerns of property letting.
If you’re interested in learning more about our Guaranteed Rent service or if you’re ready to take the next step, we invite you to get in touch with our friendly team today. We’ll be happy to discuss your property, answer any questions and provide you with a tailored quote based on your specific requirements.
- You still get paid even if the property is empty
- We deal with all the tenants’s queries, questions and complaints
- Complete anonymity
- No monthly fees, VT or commission charges
- Flexible payment dates
- Guaranteed internal condition (subject to fair wear and tear)
- Maintenance management
- Legal costs covered
- Multi year options
- A guaranteed contract start date
See what our clients say about Guaranteed rent
“It is so refreshing in this age of huge corporate business & online form filling that it remains possible to find a business that offers fantastic, personal service with such professionalism. Northwood’s Taunton branch have inspired me with full confidence with their excellent local knowledge and expertise in the property lettings market. They have truly made the process of becoming a first time landlord stress free, on very competitive terms and I would recommend them without hesitation to anyone looking to let property.”
Stuart B – Guaranteed Rent Landlord
