Guaranteed Rent

Guaranteed Rent

Arete Lettings Ltd. are proud to offer Guaranteed Rent service that provides landlords with a stress-free alternative to traditional letting agents. Our unique approach means that we not only manage the property on behalf of the landlord, but we also become the tenants, ensuring that the property is always maintained to good standards.

We take great pride in ensuring that your property is showcased like a show room or magazine-quality accommodation, making it attractive to potential tenants. We understand that managing a rental property can be a daunting task, which is why we take care of everything for you.

Our Guaranteed Rent service ensures that your rent is paid on time and on an agreed date, which is usually the 28th of every month. With our expertise and experience in the property management industry, you can trust us to take care of your property and provide you with the peace of mind that you deserve. Contact us today to learn more about our Guaranteed Rent service and how we can help you manage your rental property.

Frequently Asked Questions

How does the Guaranteed Rent Scheme work?

At Arete Property Solutions, we become your tenant and guarantee you a fixed rental income. This means you will continue to receive the agreed rent, regardless of whether the property is tenanted or empty.

How long is a Guaranteed Rent contract?

We offer rent guarantee contracts for a minimum of 12 months up to a maximum of 5 years.

What are the benefits of Guaranteed Rent for landlords?

As a landlord, there are several benefits to our rent guarantee scheme. These include no void periods, no rent arrears, no commission, no set-up fees, no renewal fees, or any other hidden extras. You won't need to deal with tenants at all, and we can be flexible with payment dates, contract lengths, and start dates.

If I let my property unfurnished, do I still need to supply any white goods?

If the property is required unfurnished, landlords will still need to provide the following items:

  • Fridge freezer
  • Oven or cooker
  • Nets and heavy curtains or blinds

What do I need to do when I lease my property?

To lease your property, simply call our leasing team on 01268 944120, and we'll arrange a no-obligation property valuation. We'll meet you at the property and advise you of any areas that may need addressing prior to leasing your property.

How long will the process of letting my property take?

The leasing process can be as quick as 24 hours to a maximum of 10 days.

Who is responsible for bills and Council Tax?

At Arete Property Solutions, we take care of all utility bills and Council Tax. During the term of the contract, the tenant will be liable for all utility bills and Council Tax.

How and when do I get paid the Guaranteed rent?

At Arete Property Solutions, we pay all rent through an automated BACS system, which takes two working days to clear into your account. Rental payments are made monthly in arrears, on the last day of the month.

Do you charge a monthly commission?

No, we don't charge a monthly commission or management fee. The rent agreed will be the rent that you receive from us every month.

Do I have to inform my mortgage company?

Before letting your property, you should check with your mortgage lender whether your mortgage terms allow you to do so.

Do I need a property licence?

In many boroughs, a licence from the council is required to rent out a property. This may be a selective licence or HMO. However, for all PSL (Private Sector Leasing) arrangements, this is normally exempt.

What documents will I require to lease my property?

To lease your property, you will need the following documents:

  • Copy of Gas Safety Record, EPC and EIRC.
  • Copy of a recent front page of Mortgage Statement Or alternative Proof of Ownership. 
  • Copy of Leasehold ( If applicable)
  • 2 Full Set of Keys. 

If you don't have a valid gas safety, electric, or Energy Performance Certificate, we can arrange these for you. Just ask a member of our team by calling 01268 944120.

Is Guaranteed Rent an insurance policy?

No, Guaranteed Rent is not an insurance policy. Our service provides you with guaranteed rent each and every month, and we don't charge any insurance premiums.

How Can We Help You Today?

Our experts are awaiting your contact. Please send us a message, and we will reply as soon as possible.