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
Our estate agents offer guaranteed rent services across Southwark, so we have spent plenty of time exploring the area. The Lord Clyde is a pub goers pub, an unapologetic boozer with an interior that is reminiscent of Kray twin era London. Ask for a ham sandwich and you’ll get a wedge of pink between two slices of bread, no obnoxiousness involved.
To continue your traditional tour of Southwark, head to Nunhead Cemetery, one of London’s colloquially termed ‘magnificent seven’ graveyards. Established in 1840, this cemetery is 200 feet above sea level, and it offers thought provoking views across London.
Get started with Guaranteed Rent
If you are considering signing up to a guaranteed rent scheme in Southwark, 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.