There are no fees and no commission. There are no charges for setting the contract up, no tenant introduction fees, inventory fees, referencing fees, no commissions and absolutely no 'hidden extras' to pay.
Occasionally there is a need for court action to evict a tenant or recover unpaid rent which can be both time-consuming, extremely costly and not to mention stressful. With our Guaranteed Rent scheme, we will cover the cost of all court action and manage the process of evicting the tenant whilst you continue to receive your rental payments from us.
We pay even when the property is empty so there are no void periods on the property for you unless the property is rendered uninhabitable. With the average void period between tenants typically 3 weeks a year this will really help maximise your NET income. If there is a void period, we suffer the loss of potential rent.
We pay your rent on the same day each month, giving you the peace of mind when working out budgets or cashflow for the payment of bills. There is no uncertainty, as we are your professional tenants. You can rest assured that you get your rent on time, every time.
12 - 15%
Landlord set-up costs
£400 - £750
no lost rent
no lost rent
no court cost
You won’t be bothered at any time by the tenant residing in the property. No requests in the middle of the night to deal with a burst pipe or broken boiler! We’ll be their point of contact and can organise the maintenance on your behalf.
We’ll agree a contract start date with you, so you will know exactly when you can expect to receive your first payment and ongoing payments. You won’t need to wait for our tenants to move in before receiving your first payment, as we, effectively, become your tenant.
We effectively become your tenant, so it is vital that the tenants we select to become ‘our tenants’ treat your property with respect. We’ll undertake quarterly inspections so that the property is regularly looked at.
We effectively become your tenant, guaranteeing you a fixed rental income and then sub-let the property on an Assured Shorthold Tenancy (AST) basis. You will continue to receive the agreed rent regardless of whether the property is empty or the tenant stops paying rent, unless the property is rendered uninhabitable. As such, it is in our interests to find the best possible tenant.
Many landlords prefer tenants who are professionals. The good news with the guaranteed rent service is that we become your professional tenants. You will only ever deal with us as the contract is between us and you (the landlord).
We will agree a fixed start date with you. No matter how long it takes us to find the right tenant, once our contract is signed and we have the keys to the property we promise to start paying you the rent on or before the agreed set date.
Depending on the office, we can offer contract periods from a minimum of 12 months. Contracts can be renewed thereafter.
We cover all of the major cities in the UK.
North Property Group are one of the highest rated agents on Trustpilot and Google. You can view our TrustPilot reviews by clicking here and our Google reviews by clicking here. We have a fantastic reputation and are revered by our network of landlords for being open, honest and trustworthy. We are also regulated by The Property Ombudsman.
When we sub-let the property we take the normal deposit from the tenant, which is then registered with one of the approved deposit protection services. When the tenant checks out, the deposit is used to cover the cost of any damages which are tenanted related.
There are a number of different types of 'Guaranteed Rent' offered to landlords. We understand that it can be confusing to determine exactly how they differ. However, despite sharing the same name, the range of offerings are significantly different. It is important to understand these differences as they vary so much. There are four different models:
Finding the right letting service for you depends on the level of responsibility, involvement and risk you are prepared to take. Our Guaranteed Rent service best suits landlords who want the financial stability of knowing what their rental income will be each month, with the benefits of the best property management available.