If you own a property, you may want to start receiving income from it. There are two possibilities for you. For one thing, you can opt for the private landlord route. Another choice would be to rent a property to the council in Hillingdon. We’re experienced with the second approach. We can reveal why investors should go for this superior option. Please continue reading if you’re interested.
What are the advantages?
There are several advantages available if you choose to lease to your council. One of them is reduced responsibility compared to private landlords. They need to find their own tenants alongside making properties habitable and safe, and managing tenancies. With the council, you won’t encounter any of this.
One leading advantage is that you receive protection against voids and tenants not paying rent. It is one of the best features from the service. You are not going to experience any losses or cash flow interruptions. There will be automatic payments each month with no pauses.
With the service, there are some excellent savings available too. It can include management and maintenance, meaning you don’t need to pay extra. Furthermore, there won’t be commission to pay.
Even better, this is an arrangement that will work for the local area. When you rent a property to the council in Hillingdon, you will give the locals more access to housing. In other words, you’ll support the local community.
We work with the councils
Something in particular that legitimises our work is that we have dealings with councils all over London. The intent here is to supply the simplest solutions to organise leasing with them. Most authorities have schemes for property owners. We give you access as well as our ongoing support.
Moreover, it helps that we can share massive quantities of information about lending to councils. We understand how separate schemes work and what they mean for landlords. As such, you can expect us to answer questions, provide suggestions, and also discuss what you can gain from the service.
Talk to us about how to rent a property to the council in Hillingdon
Guaranteed Rent is one of the top names in this industry. We do everything possible to supply the best services for each client. Said clients include local councils and landlords. The goal is to make sure all sides benefit.
When you agree to a service, we can aid with preparation. There are significant things to do here. An example would be making buildings inhabitable, and doing electrical and gas safety checks. If you do it in advance, you can speed things up.
The fast turnaround is a particularly notable detail here. Normally, it takes just ten days for everything to get into position and for you to get your first payment. Afterwards, you won’t have to worry about anything for the rest of your scheme. These will between one and five years in length.
Anyone wanting to find out more about why they should rent a property to the council in Hillingdon should speak to us. Contact the team and we will discuss things further.
