What is guaranteed rent?
Guaranteed rent is when an individual, or company, agrees to take over the management of a property for a fixed period of time. During this time, the individual, or company, rents out the property to a tenant.
Guaranteed rent benefits the landlord in many ways. Their rental income is guaranteed, regardless of whether the tenants pay their rent on time, or whether the property is empty. The individual or company who takes over the property is also responsible for any damage; they are obligated to return it in the same way it was received.
Guaranteed rent is perfect for landlords who want to take a step back, and let their property earn.
Our local knowledge
Lambeth is a diverse borough, from the bright lights of Southbank to the bustle of Brixton, this borough is cosmopolitan, culture packed, and a calling point for young professionals. Lambeth is the fourth most densely populated area in Britain, it is also one of the most vibrant boroughs in the capital, offering an eclectic mix of landmarks, attractions, restaurants, bars, and markets. Lambeth’s popularity makes it the perfect place for guaranteed rent schemes.
Get started with guaranteed rent
IIf you are considering signing up to a guaranteed rent scheme in Lambeth, our estate agents are on hand to tell you more about the benefits and answer any questions you may have. Get in touch to get the ball rolling.