Our rent guarantee service gives our landlords requiring that extra security and
peace of mind who already have opted for the Rent Collection Service or the Fully Managed Service you
have the opportunity to use a Rent Guarantee Service.
By using this service, you are protected against
the threat of unpaid rent and legal fees. We will also cover the legal expenses associated with obtaining
possession of your property.
So with this service we guarantee that should your tenant:
- Fail to pay rent
- Fail to vacate the property in accordance with the tenancy agreement
- Materially breach the terms and conditions of the tenancy agreement in a manner that is capable of legal redress
- Issue legal proceedings against you for a tenancy related matter
WE DON’T TAKE OUT EXPENSIVE INSURANCE POLICIES TO COVER YOU FOR NON PAYMENT OF RENT, WE PAY FROM OUR OWN FUNDS SIMPLE
The 52 weeks Guaranteed rent Service
- Guaranteed rent no matter what
- Receive rent 52 weeks of the year
- No void periods
- No set up fees or commission
- No excess or delays
- All legal costs covered
Why guaranteed rent?
The biggest fear for many landlords is an empty property. Why? Because an empty property means no rent. Another fear is having tenants that do not pay their rent on time or stop paying the rent altogether. Unfortunately, letting a property is not free from such risks. The assumption that a landlord will receive 12 times the monthly rental in their bank at the end of the year is rarely the case. Our unique guaranteed rent service completely eliminates the risk of non-payment of rent.
It provides peace of mind for landlords who simply want the ﬁnancial beneﬁts of being a landlord, but without the stress. How is the rent offer calculated? We base your monthly payment on the market rent for your speciﬁc property. We carry out market research of the rental market in your area and offer you a realistic, achievable rent based on our ﬁndings. As a guide, it is slightly less than your market rent but is very comparable to the amount which you would receive on a traditional management service after all the usual deductions have been made. We then pay you your rent on the same day every month, even if a tenant fails to pay their rent.
Is it an insurance policy? No Adams Estates are your tenant and pay you the rent direct from their own funds. In turn, we sub-let the property and collect the rent from the sub tenant. This means any delays in payment by the sub-tenant are our risk and not yours. During the term of the contract, should any maintenance be required i.e. faulty boiler etc. Adams Estates will advise the landlord in case you want to attend / organise this yourself. If not then Adams Estates will make the arrangements on your behalf and deduct the cost from your next months rent.