If you own a property, there a good chance you’ll want an income from it. You have two options here. Firstly, you could opt for the private landlord route. Or, you could rent a property to the council in Greenwich. We have a great understanding of the second choice, so you can expect us to show you why it’s the superior option. If you’re interested in finding out more, please keep reading.
What are the benefits?
There are plenty of advantages if you opt to lease to the local authority. For one thing, there is less responsibility compared to what there is with private landlords. They need to find tenants, see to it that properties are habitable and safe, and manage tenancies. However, with the council, there is none of this.
One special benefit is that you get protection from voids and tenants not paying their rent. It’s hard to state just how important this is. What it means is that there will be no losses or interruptions to your cash flow. Instead, every month, without pause, you will get automated payments.
You can get some wonderful savings with this service too. It can include management and maintenance so you won’t have to pay more for them. Moreover, there won’t be any commission to pay.
If everything above wasn’t enough, the arrangement works for the local area. When you rent a property to the council in Greenwich, you’re helping to give the locals more accessible housing. This supports the community and can keep people near family and friends.
Partnering with local authorities
Something that legitimises our services is that we work with councils all over London. The goal for us is to supply the easiest solutions to organise leasing with them. Most authorities are offering some form of scheme for property owners. We offer access to them as well as our ongoing support.
It’s also especially helpful that we can share massive amounts of information on renting to councils. We have a deep understanding of how individual schemes work and what they mean for property owners. As a result, we can offer suggestions, answer questions, and tell you what to expect from the service.
Contact us about how to rent a property to the council in Greenwich
Guaranteed Rent is an industry leader. We go above and beyond to provide the greatest services for each client. This includes local councils and landlords. The goal is to make certain they benefit all sides.
Once you agree to a service, we can aid with preparation. There are several crucial things to do here. An example would be ensuring the building is initially inhabitable, and checking electric and gas safety. If you do this ahead of time, you can speed up the process.
The rapid turnaround is one of the most impressive details here. Normally, it takes under ten days for everything to fall into place and you to gain your first payment. Afterwards, you don’t have to fret over anything for the scheme’s duration. Schemes last from one year up to five.
Are you interested in discovering more about why you should rent a property to the council in Greenwich? You can speak to us to discuss the matter and get expert advice.
