Guaranteed Rent Scheme Enfield

When you let your property through City Borough Housing’s guaranteed rent scheme in Enfield, we become your tenant. We pay your rent on the same date each month for an agreed term, typically between three and seven years. Even if the property is temporarily unoccupied, your monthly rental payments continue as normal.

Once your property is under our management, we work with our established network of local authorities and registered housing providers to place suitable tenants. We then take care of the day-to-day management, including tenant communication, maintenance and repairs, and ongoing property management.

To help protect your investment, we also carry out quarterly property inspections, allowing us to monitor the condition of your property and identify any maintenance issues early.

We offer every landlord a fair rental value based on the property’s size, type, condition, and location within the London Borough of Enfield.

In some cases, this may be slightly below the highest achievable open market rent. However, it’s important to consider the overall value of the arrangement.

Our guaranteed rent scheme in Enfield includes fixed monthly rental payments, even during void periods, together with professional property management at no extra cost.

We also take care of day-to-day maintenance and repairs, carry out quarterly property inspections, and return your property at the end of the agreement in the same condition as it was at the start, allowing for fair wear and tear.

When these benefits are taken into account, many landlords find that the certainty, reduced risk, and time saved offer excellent long-term value.

We work with private landlords and property developers across the London Borough of Enfield. Most of the properties we take on are self-contained one to four-bedroom homes, although we may also be able to accommodate other property types depending on current demand.

The first step is a free rental valuation. Once you’ve received your offer, we’ll arrange an inspection to check that the property meets the required safety and regulatory standards.

We’ll also ask you to provide the relevant compliance documentation, including:

• An Energy Performance Certificate (EPC)
• A Landlord Gas Safety Record (LGSR)
• An Electrical Installation Condition Report (EICR)

Depending on the property, we may need a small number of additional documents. If so, we’ll explain exactly what’s required and guide you through the process.

Once we’ve completed the inspection, confirmed compliance, and agreed the lease terms, we’ll prepare your guaranteed rent agreement in Enfield so your tenancy can begin.

Our aim is to make the process as straightforward as possible, keeping you informed every step of the way.

During your guaranteed rent agreement, City Borough Housing manages the day-to-day maintenance issues reported by tenants or identified during our quarterly property inspections.

This typically includes routine repairs such as leaks, faulty locks, electrical issues, and general maintenance needed to keep the property safe and in good working order.

Some repairs remain the landlord’s responsibility, particularly those relating to the outside of the property. This may include work to the roof, boundary fencing, external walls, or other structural elements.

We’ll explain exactly what is covered before your agreement begins, so you’ll always know where responsibilities lie. Our aim is to keep your property well maintained while making the day-to-day management of your investment as straightforward as possible.

Yes. You remain the legal owner of your property throughout the guaranteed rent agreement. City Borough Housing becomes your tenant for the agreed lease period, managing the property on your behalf while you continue to receive your guaranteed monthly rental payments.

Yes. Our guaranteed rent agreements are flexible and typically run for between three and seven years. We’ll discuss the options with you and agree a lease term that suits both your circumstances and your property.

We carry out regular property inspections throughout the duration of your guaranteed rent agreement. These inspections help us ensure your property is being well looked after, identify any maintenance issues early, and maintain the high standards expected by both landlords and tenants.

At the end of the agreed lease term, your property will be returned to you in the same condition as it was at the start of the agreement, allowing for fair wear and tear. If you’d like to continue with our guaranteed rent scheme, we’ll be happy to discuss renewing the agreement, subject to both parties’ requirements.