Guaranteed Rent South London

Through our guaranteed rent, South London landlords let their properties to us. As the tenant, we pay the rent every month for an agreed period, usually between three and seven years. Even if the property is untenanted or the tenant is not paying their rent, we continue to make payments by standing order every month. This provides cashflow certainty for the landlord.

All the properties we take on are let through our trusted network of local authorities and registered housing providers. During the term of the agreement, we take care of every aspect of the tenancy, including day to day tenant queries, and maintenance and repairs. We’ll also carry out quarterly property inspections so we can satisfy ourselves that the tenants are treating the property in line with the tenancy agreement.

When the agreement concludes, we return the property in its pre-let condition, allowing for fair wear and tear.

With City Borough Housing guaranteed rent, South London landlords get to go hands off with their buy-to-let investment. For at least three years, they’ll never have to deal with tenants, manage or pay for day to day maintenance or repairs, chase rental payments or worry about costly void periods.

Landlords in South London receive a fair rental value based on property type, size and location. Whilst this may not match full market value, the fact that our guaranteed rent scheme includes covers the costs of professional management, everyday repairs and maintenance, and quarterly property inspections, makes it extremely competitive.

There’s also the additional benefit of not having to pay to return the property to its pre-let condition, because that also comes as standard with our guaranteed rent South London package too.

As long as you are a private residential landlord or developer with the type of property that we currently need, there is no reason why you shouldn’t be accepted onto our South London guaranteed rent scheme.

Generally we look for 1-4 bedroomed self-contained properties, although from time to time we are asked for other types of housing.

As soon as we’ve issued your rental valuation, we’ll carry out an inspection of your property to check whether there’s anything that needs to be taken care of so that the property is safe and habitable.

We’ll also ask you to furnish us with a range of compliance documents, such as an Energy Performance Certificate (EPC), a Landlord Gas Safety Record (LGSR), and an Electrical Installation Condition Report (EICR). Other documents may also be required. If they are, we’ll let you know.

Once the property inspection is complete and everything is in place in terms of safety and compliance, we will then agree terms and get the South London guaranteed rent agreement signed. In most circumstances, there is no reason why this should take any longer than 48 hours.

Once our guaranteed rent agreement is in force, we will manage all day-to-day repairs as reported by the tenants or identified during our quarterly property inspections.

Things like tripped electrics, leaks, broken locks and general maintenance will all be included. We don’t cover outdoor repairs, however, so anything to do with the likes of roofing, fencing or exterior walls will remain your responsibility.