Guaranteed Rent

City Borough Housing offers a comprehensive guaranteed rent service to ensure that our landlords receive a reasonable rental income and a professional management service at no extra cost to them. Landlords on this scheme will enter into a lease agreement directly with City Borough Housing for a minimum term of 3 years. During this term City Borough Housing will pay landlords a fixed rent every month. Property repairs, tenancy matters and maintenance will be dealt with directly by City Borough Housing. When it is time for a landlords property to be returned this will be done vacant and with the property restored to the same condition with the exception of fair wear and tear*.

Benefits of Guaranteed Rent:

  • Guaranteed monthly payments (Paid the same day every month)
  • Payment even when the property is void
  • No agency or management fees
  • Flexible lease periods 3- 7 years
  • Property returned vacant and in the same condition less fair wear and tear*
  • Day to day repairs covered
  • Regular Property Inspections
  • No contact with tenants

If you would like to discuss this option further please contact a member of our team on 0203 790 9228 or email info@cityboroughhousing.co.uk.

*This is in accordance with the lease agreement.

Guaranteed Rent

Our service offers landlords assurance that they will receive guaranteed rent for the duration of the contract, no matter the circumstances of the tenant occupying the property.

No Fees

Landlords can have confidence that our service could save them money compared to traditional letting methods, because we do not charge any agency fees and we cover void periods, protecting your income when you property is empty.

Full Management and Repairs

City Borough Housing will cover the cost of day to day repairs during the term of the contract. The service also includes tenancy management, meaning that landlords will have no involvement for the term of the contract.

Property Condition Guaranteed

In accordance with the terms of the contract, City Borough Housing will return properties back to landlords in the same condition less fair wear and tear, leaving landlords with peace of mind.

Fees

Letting Fee Information

The asking rent does not include letting fees. Our standard administration fee (which covers general administration and preparation of paperwork) is £xxx (£xxx+VAT). A security deposit, usually equivalent to six weeks rent, is also payable.

Depending on your circumstances and the property you select, one or more of the following may also be charged to you upfront;

Fees may be charged on a per person or per property basis, please call us on 0203 790 9228