Rent Guaranteed For Letting Agents
Ensure your landlords receive their rent on time.
As a letting agent, keeping on top of rent payments is essential for maintaining long standing relationships with your landlords. In some cases, non-payment of rent from a tenant can lead to eviction cases which can cost you time, money and your relationship with that landlord.
Advanced Rent’s Managed Rent Collection service guarantees your landlord receives their rent on time and guarantees your monthly management fee. Subject to the tenant passing successful reference, the service will also cover the costs to evict should a tenant fall into arrears.
How does it work?
Rent Guaranteed is a managed rent collection service where we pay you or your landlord the rent on time every month, regardless of whether the tenants paid. We then collect the rent from the tenant on a monthly basis handling any arrears and eviction cases that may occur, allowing you to focus on other areas of your business knowing you have a dedicated rent management team to support your business. If in the unfortunate situation occurred where your tenants did fall into arrears, our service would continue to pay the rent on time every month while our specialist team manages the full eviction process up to legal vacant possession.
What are the Benefits of Rent Guaranteed?
Coverage for all regulatory compliance requirements under UK new tenant law
Incudes Rent Guarantee Insurance
Removes voids from your business
Guarantee your monthly fee
Allows your to offer a premium let services to your client bases at a higher fee less costs
Removes the costs associated with chasing rent & managing arrears
No costs associated with rent arrears
Allows you to focus on other arrears of your letting business
Helps you improve your relationship with your landlord
Looking to get even more out of this service? We can even handle the AST set up, collection of the first month’s rent, deposit and deposit protection.
Find out how you can revolutionise your lettings business by speaking to our specialist team today: