At myhouse we have been offering guaranteed rent schemes since 2009.
Because of oversupply, many of those who have entered buy-to-let or been tempted to move their homes on to the rental market can struggle to secure a tenant. Under a Guaranteed Rent arrangement, the landlord signs over the property to myhouse for a specified period of time in return for a guaranteed monthly income.
Guaranteed rental schemes pay a fixed rental income to landlords for a fixed term, regardless of whether or not the property is occupied. The income the landlord receives will be less than the rent the property could potentially achieve, yet this is GUARANTEED for a fixed period with NO maintenance to consider or periods without rental income.