Are you a Landlord looking for a no hassle, no fuss, fixed monthly income from your properties every month? Duncan Phillips can offer a competitive Rent Guarantee Scheme.
Guaranteed Rent Every Month, no void period.
We become your tenant and guarantee you a fixed monthly rental income.
We then sub-let the property to carefully selected tenants and then manage the property throughout the duration of the tenancy.
Everything is handled by Duncan Phillips. Utilities, council tax, dealing with tenants. You just receive your fixed income every month until the end of the term when the property is handed back to you in its original condition.
Any London Borough
The Rent Guarantee scheme can be agreed from a minimum term of 12 months up to a maximum of 5 years.
The main benefit is hassle free guaranteed monthly incomes. There is no void period, no worries about a property being empty, no arrears, no management fees and no renewals. Everything is agreed up front and payment dates, contract lengths and start dates agreed in advance.
Every rental property, furnished or unfurnished still needs to supply the following:
Give us a call on 01992 701 133 and we will be arranging a no obligation property valuation. We will then provide professional, honest advice on the value of the property and any areas than need addressing prior to leasing.
Normally the process can be as quick as 24 hours and can take up to 10 days depending on paperwork requirements.
Payments are made by direct bank transfer on the last day of the month, monthly in arrears.
The simple answer is no. The agreed rent is the money you will receive each month. There are no hidden costs or management fees.
Each mortgage company is different and have different terms and conditions for buy to let properties. Check your agreement or phone your mortgage company / broker and ask them.
In London many boroughs, although not all, will require a licence from the council to rent the property.
There are a couple of licences that you may need including a selective licence or HMO (House of Multiple Occupancy). For Private sector leasing (PSL) this is normally exempt.
The following documents are required to lease your property. Here is our standard Landlords checklist:
If you do not have any of the required certificates, then we can arrange these for you.
No this is not an insurance policy.
Our Rent Guarantee Scheme offers you guaranteed rent each month. We do not charge any insurance premiums.
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