If you’re a property owner, you’ll likely want to turn a profit from it. You have two possibilities here. First, you can attempt to be a private landlord. Secondly, you can rent a property to the council in Bromley. We have a deep understanding of the latter. Our team can show investors why it’s the superior choice. Continue reading to discover more.
What are the positives?
There are multiple advantages if you opt to lease to your local authority. For one thing, there’s not as much responsibility compared to working as a private landlord. They need to find tenants, organise tenancies, and make properties liveable and safe. With the council, you won’t need to do anywhere near as much because they will handle it.
One great benefit is that you receive protection against tenants not paying rent and voids. We cannot understate how wonderful this is. You’re not going to experience any losses or cash flow interruptions. Each month, you will get payments without pauses.
There can be some brilliant savings a service too. It can include management and maintenance so you won’t have to pay extra for them. Even better, you won’t have to worry about commission.
If you’re still not convinced, the arrangement works for the local area. When you rent a property to the council in Bromley, you can give the locals more accessible homes. This supports the community.
Working with the councils
A detail that works to legitimise our services is the work we do with London’s councils. Our intention is to offer the simplest solutions to organise leasing with them. Most authorities have developed schemes for property owners. We give landlords access as well as our continuing support.
Additionally, it helps that we can share lots of details about renting to councils. We understand how individual schemes operate. At the same time, we know what they mean to property owners. Thus, we can answer questions, offer suggestions, and go over what you can expect here.
Ask us about how to rent a property to the council in Bromley
Guaranteed Rent is a leader in the industry. We do everything possible to offer clients the highest quality solutions. This includes local councils and landlords. Our goal is to make certain all sides benefit.
When you agree to a service, we will aid with important steps like preparation. There are crucial things to handle here. Examples would be ensuring the property is safe for inhabitants, and checking electrical and gas safety. Doing this before signing up for a scheme can speed things up.
The swift turnaround is one of the most impressive details here. Normally, it takes under ten days for everything to move into position and for you to get the first payment. Afterwards, you don’t need to concern yourself with anything for the rest of the scheme. They can last between one year and five.
Are you interested in finding out more about why you should rent a property to the council in Bromley? Please speak to us if you are; we’ll discuss matters together so we can see if it will be beneficial for you.
