Why do Most of the Landlords Prefer Guaranteed Rental Schemes
Most of the people prefer guaranteed rental schemes because of the first payment. You find that the landlords who use this service will get the first payment into their bank accounts within 24 hours of signing the contract with the Property management service providers. Immediately they sign the contract they become the service providers for the period of the contract, and you will not have to wait for the tenants to be found as they will act as the first tenants.
Fixed payments is another advantage that pulls most of the landlords into these schemes. One thing with rent schemes is that the property management guarantees the landlord a fixed monthly rent of any size or in any location. One thing that is more enjoyable is that you will get your payment in time even if the tenants have not paid, the property is vacant, or the property has been let like in the case with the guaranteed London property management service providers.
Most of the people also prefer these schemes since they charge no fees or commission. You find that in these schemes the property managers or the inventory managers does not charge the tenants any fees for entering into the rental contract. Apart from that there are no hidden charges such gas safety of which they can be charged for servicing their gases. Another thing that you need to be aware of is that a GAS Safety Certificate is supposed to be issued when an engineer installs the gas system in the property or upon inspecting and servicing the gas lines.
Another benefit that landlords get from these schemes is higher rents. Having taken charge, it will be upon them to decide on how they would like to price the houses. You find that their prices are always high as this helps in boosting the value of your property. You find that there are also other services that are aiming at making the property look better like the EPC services which will be aiming at repairing, renovating and making the property new.
Apart from that, they also conduct regular inspections. Regular inspection is a requirement by the local authority and should be done. By all means the property managers will make sure through EPC services and the gas safety engineers that the property is inspected. This is a requirement and an inspection certificate will be required by the local authority to make sure that everything is in the right place.
Apart from that, you are not entitled to any bill. It is their responsibility to make sure that you don’t pay anything. They take the full responsibility of paying all the utility bills and council taxes through the services of inventory property managers.