If you’re a property owner, you may want to receive an income from it. There are two possibilities here. One is becoming a private landlord. The other is to rent a property to the council in Lambeth. We have experience with the second option. As a result, we have the means to show landlords why it’s the better choice. Continue reading to discover more.
What are the advantages?
There are plenty of advantages if you opt to lease to your local authority. For one thing, there isn’t as much responsibility compared to what a private landlord has. They must find tenants, sort out tenancies, and maintain properties so they are habitable and safe. You’ll find that there’s none of this with the council; they’ll take care of the work.
Another prime benefit is that you receive protection against tenants not paying and voids. We can’t understate how fantastic it is. It means there won’t be losses or interruptions with your cash flow. You’ll receive automated payments every month with no pauses.
Another thing you should know is that there are excellent savings with this service. It can include management and maintenance. There’s no need to pay extra for both. Furthermore, there is no commission to pay or fees for things like marketing.
If you still don’t have enough reason, the arrangement suits the local area. When you rent a property to the council in Lambeth, you’ll give the locals more accessible housing. In other words, you’ll support the local community.
We work with various councils
Something major that legitimises our services is that we work with councils all over London. We want to offer the easiest solutions to organise leasing with them. Most authorities have their own unique schemes for property owners. Our team gives access to them plus ongoing support.
Additionally, it’s helpful that we’re able to share a massive quantity of information about working with the councils. We understand how individual schemes operate and what they mean for property owners. Thus, we can answer questions and provide suggestions. We can even tell you what to expect from the service.
Ask us about how to rent a property to the council in Lambeth
Guaranteed Rent is an industry leader. We strive to offer the greatest services for all clients. This includes local councils and property owners too. All sides should benefit.
Once you agree to a service, we can aid with preparation. There are crucial things to handle here, like making the property inhabitable. Electrical and gas safety checks are also essential. If you do the prep in advance, it’s possible to speed things up.
The fast turnaround is one of the most impressive details of the service. Usually, it takes under ten days for everything to get into place and for you to get your initial payment. After this, you don’t have to concern yourself with anything for the rest of a scheme. It can last from one year up to five, and you can always renew if you choose to.
Do you want to find out more about why you should rent a property to the council in Lambeth? If so, feel free to get in touch with us.
