Rent Guarantee
For landlords or agents seeking a stable monthly rental income without the typical hassles of property management, you've found the ideal solution.
We handle court costs and the eviction process when necessary. Our services include regular property inspections and maintenance management. The internal condition is guaranteed, considering fair wear and tear, up to one and a half months' rent.
Who is the tenant?
Boateng Livings assumes the role of your tenant, undertaking all contractual obligations beyond rent payments. If the occupant declines to vacate the property at the contract’s end or violates the terms, necessitating legal intervention, all associated costs will be covered by us.
How does the rent guarantee scheme work?
We provide a consistent and guaranteed rental income for your residential properties over a fixed term, typically 3-5 years. Throughout this period, we sublet the property, often to international professionals /NHS workers /cares, and construction contractors, and manage it with the utmost care, treating it as if it were our own. To facilitate this arrangement, the property must be transformed into an HMO (house of multiple occupancy) and adhere to all relevant regulations. You receive rent payments regardless of the property’s occupancy status, alleviating concerns about management hassles for the entire agreement duration.
Is my property suitable?
Differing from competitors in the guaranteed rent space, we are open to considering any property in satisfactory condition. While we have a preference for properties already licensed as HMOs, we can also evaluate properties in non-Article 4 areas if they lack HMO licensing. For further details, please reach out to us.
What sort of rent do you pay?
We assess your property’s market rate and apply our margin accordingly. Frequently, we identify potential enhancements to your property, enabling us to raise the rent and provide you with a competitive offer.
What are the benefits to me?
Boateng Livings eliminates nearly all the challenges and uncertainties associated with renting out a residential property.
- No void periods
- No commission
- No fees
- We deal with all lettings regulation
- You get a regular income you can rely on
- Flexible leasing for 3-5 years