Guaranteed rent for landlords
Are you a landlord? Do you rely on monthly income from your tenants? Do you ever worry what would happen if your tenants are unable to pay?
Life is full of the unexpected, make sure that even if your tenants can’t pay, you are guaranteed not to suffer financial loss.
As your property agents we can offer you rent guarantee for as little as £250 per year, per property, covering you up to £4,000 in rent per month.
Our landlords rent guarantee is simply that, a guarantee between us, your property agent and you the landlord, to ensure you are fully protected should the worst happen.
What is covered:
- Rent indemnity and repossession - Should you claim under your contractual guarantee for non-payment of rent.
- Legal expenses cover - In case you need to evict a tenant who has fallen into rental arrears or has overstayed a Section 21 Notice.
- Property damage – Should you claim under the contractual guarantee for property damage caused by the tenant, we can offer legal assistance to recover costs over £1,000
- 50% of rent after vacant possession – Following a successful claim for legal assistance with repossession, we can offer 50% of the rent for three months while the property is being actively advertised.
Make sure you are protected no matter what twists and turns life throws your way.
To find out more call us: Read 01282 772048 / Longridge 01772 319421 or email info@pendlehillproperties.co.uk.
Our lettings and management service has a reputation for providing the highest levels of customer service and with our experienced team we will find suitable tenants for your property and provide a full management service taking away the stress.
So whether you are new to property investment or a seasoned landlord look no further than Pendle Hill Properties.
Our service is comprehensive and includes:
- Rightmove advertising, PHP website and local press with high quality photography
- To Let signage on exterior of property
- Employment reference checks
- Credit checks
- Previous landlord checks if appropriate
- Signed tenancy agreements
- Inventory and schedule of condition including photographs
- Arrangement of tenancy agreement
- Monthly rental collection
- Deposit collection and transfer to Deposit Protection scheme holding account
- Regular inspection with written reports
- Management of maintenance issues
- Monthly financial summaries
- Issue of notice to tenants as and when required
- Final inspection upon vacation and return of deposit
Tenant Finder Service
Q: What does this service cost and what is involved?
A: We charge a fixed fee from £500 plus vat for marketing and finding a tenant for your property.
This includes:
- Rightmove advertising
- Credit checks
- Employment reference checks
- Previous landlord checks (if applicable)
- Signed tenancy agreements
We will then hand over to yourself providing you with all the required information on your tenant(s).
Full Management Service
Q: What does this service cost and what is involved?
A: We only charge 10% + VAT of the monthly rental income for a FULL management service. Subject to £50 plus vat per month minimum. There is also at £150 plus vat new property set up fee.
This includes:
- Rightmove advertising, PHP website and local press with photography
- To Let board erected - outside the property
- Employment reference checks
- Credit checks
- Previous landlord checks (if applicable)
- Inventory and schedule of condition carried out including photos
- Arrange tenancy agreement
- Monthly rental collection
- Deposit collection and transfer to Deposit Protection scheme holding account
- Regular inspection with written reports
- Management of all maintenance issues
- Monthly invoices
- Issue notice to tenants if and when required
- Final inspection upon vacation and return of deposit
Many property owners who are new to the property investment market believe they can handle everything themselves but Pendle Hill Properties can make life a lot simpler. Call now on: Read 0282 772 048 / Longridge 01772 319421 or email info@pendlehillproperties.co.uk for more details.
Tenants Information
Fees applying to all new tenancies from 1st June 2019
We may charge a tenant any or all of the following when required:
- the rent;
- a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year;
- a holding deposit of no more than one weeks’ rent;
- default fee for late payment of rent (after 14 days);
- reasonable charges for lost keys or security fobs;
- payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant;
- payments associated with early termination of the tenancy, when requested by the tenant; and
- payments in respect of bills – utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges.
