If you own a property, you may want to gain an income from it. There are two paths you can take. Firstly, you can try being a private landlord. Or, you could rent a property to the council in Bexley. We’re very familiar with the second approach. As such, we can reveal to investors why it is the superior option. Please keep reading if you’re interested in knowing more.
What are the pros?
There will be plenty of benefits if you opt to lease to the local authority. For instance, there won’t be as much responsibility as there would be with private landlords. They need to find tenants, organise tenancies, and keep properties habitable and safe. With the council, there is none of this because they’ll attend to everything.
Another notable benefit is you receiving protection from voids and tenants not paying their rent. It’s not possible to understate how excellent this is. You’re not going to have any losses or interruptions to cash flows. Every month, you’ll get automated payments with no pauses.
You can gain some outstanding savings with this service as well. It includes management and maintenance, stopping you from paying extra for them. Moreover, there won’t be any commission to pay.
If you’ve not been given enough reasons yet, this arrangement also works for the local area. When you rent a property to the council in Bexley, you’re giving the locals access to more accessible homes. In short, you’re supporting the local community.
Partnering with councils
Something in particular that legitimises our services is our work with London’s councils. Our intent is to supply the simplest solutions to organising leasing with them. Many people don’t know that the majority of authorities offer schemes for property owners. We give them access to said services and our ongoing support.
Additionally, it’s helpful that we can share a massive quantity of information about council renting. We understand how separate schemes function and what they mean for property owners. You can have us offer suggestions, answer questions, and explain what will happen.
Ask us about how to rent a property to the council in Bexley
Guaranteed Rent has worked hard to become an industry leader. We provide the greatest services for our clients. This includes landlords and local councils. They need to benefit all sides.
Once you agree to a service, we’ll aid with preparation. There are crucial things to do here, like ensuring the property is inhabitable and safe. We’ll check the gas and electrical safety. If you do this ahead of time, you can speed things up.
The rapid turnaround here tends to impress a lot of individuals. Usually, it takes less than ten days for everything to move into position. You’ll get your first payment in good time. Following this, you don’t need to worry about anything for the rest of the scheme. It will last from one year up to five, depending on your needs.
Are you curious to find out more about why you should rent a property to the council in Bexley? If so, you’re welcome to speak to us to discuss it.
