It is no secret landlords, and the Buy to Let Sector have been dealt a mind boggling blow by central government recently; from hiking up stamp duty rates on property acquisition to the removal of mortgage tax relief. In addition to this more and more compliance legislation is placed on landlords making it near on impossible to simply let a property, with little or no expertise.
Landlords are choosing to deal with it in many ways, some choose to keep calm and carry on, hope for the best, whilst some choose to take flight & sell up. But for a vast majority of savvy landlords they are sharpening their swords and fighting back, there is an increasing trend as smart landlords looking for intelligent ways to let property, they are choosing to engage a property leasing company that will guarantee their rental income.
Property leasing companies like InteliRent offers landlords a real alternative to commission driven high street letting agents. Landlords with properties in Essex towns such as Colchester, Chelmsford, Basildon and Romford are given the opportunity to simply let it and forget it, whilst achieving a fixed rental income.
The Guaranteed rent scheme offered by InteliRent not only provides landlords with guaranteed rental income but includes a Tenant Find, Rent Collection and Full Management Letting package, plus Free Repairs and Maintenance as standard, all without paying a single penny in letting agents commission.
Really? I hear you ask, it works like this; the leasing company InteliRent agrees to lease your property for a fixed term usually 3 – 5 years, during which time the rental premium is paid directly to the landlord on a monthly basis. The leasing company use their own money to improve and ensure the property complies with current legislation, they pay for and carry out all repairs*, pay for yearly gas safety checks, all utility and council tax bills, after which they then use their corporate contracts to sublet the property to prestigious clients looking for premium living accommodation.
*No single repair or part thereof will exceed £1000
InteliRent assume full landlord responsibility and you as the owner simply collect your payment. Gone are the days when letting agents contact you telling you about a repair, gone are the days a tenant walks out on you leaving you with bills or arrears. Tenant evictions - All gone. Guaranteed Rent specialist InteliRent pay you no matter what!
It is a known fact that most landlord’s hate when a good tenant leaves, the landlord has to wait until another tenant is found and then wait until the letting agents deduct their own commission, before income starts flowing again. Well not any more, InteliRent changes that altogether, there are No Fees to Landlords, No Commission & No deductions from rent, whatsoever!
During the lease term, you will be given regular updates on the condition of your property; if there is any tenant damage then we will simply put it right. Many landlords enjoy the fact that they can rely on a fixed or regular rental income to service other commitments.
Lets not get confused, Guaranteed Rental Income for landlords is very different to Rent Guarantee Insurance, or landlord Rent Insurance - it is not a policy, and there are no premiums, commissions or fees to pay. The guaranteed rent lease will; Let, Manage and Service your property for you. In contrast a landlords rent guarantee Insurance policy looks after the financial side and only pays out when and if a tenant fails to pay their rent, well what policy pays out if you have no tenant or the tenant is simply late? Guaranteed rent ensures your rent paid on time every time no matter what
The company mission is treat every property as they would there own and ensure that landlords not only receive their rents guaranteed on time every single month, but also ensure properties are well looked after, and well maintained.
InteliRent own, operate and manage well over £5 Million pounds worth of real estate making them the go to guarantee rent specialist in Essex.
If you have a property to let in any of the Essex towns, Colchester, Chelmsford, Basildon or Romford and are considering using a letting agent why not give InteliRent a call first, after all you will get a free friendly no obligation rental income calculation, and if it is not right for you then no trouble at least get and some great advice on how to let your property.
InteliRent is available for you 7 days a week, they open at 8 am – 8pm and 10 am – 4 pm on Sundays.
Call Today: 01206 435 099