Guaranteed Rent FAQs
Manor Estate Agent offers a fully assisted service throughout the agreement process to ensure your property is tenanted both quickly and with ease. To provide you with an idea of what may be required please find below a few of the more Frequently Asked Questions.
Manor Estate Agent effectively become your tenant, guaranteeing you a fixed rental income. You will continue to receive the agreed rent regardless of whether the property is tenanted or empty.
The agreement we can offer is from a minimum of 2 year up to a maximum of 5 years.
The benefits of a rent guarantee scheme for Landlords include no void periods, no rent arrears, no commission, no set-up fees, no renewal fees or any other “hidden extras”. No need to deal with the tenants at all. We can be flexible with payment dates, contract lengths, and start dates.
Where the property is required unfurnished, landlords will still be required to supply the following items;
- Cooker & Oven
- Fridge freezer
- Washing machine
- Nets and curtains or blinds
Simply call our lettings team on 0203 500 9988 who will be pleased to arrange a no obligation property valuation. We will meet you at the property and advise you of any areas that may need addressing prior to leasing your property.
Generally the agreement process can be a quick as 24 hours to a maximum of 10 days.
As the Landlord of the property you will be responsible for ongoing repairs and maintenance. You will have the option of dealing with the repairs yourself or alternatively authorising Manor Estate Agent to use one of our approved contractors.
All utility bills and Council Tax will be transferred to the tenants by Manor Estate Agent. During the term of the contract, the tenant will be liable for all utility bills and Council Tax.
All payments are made by an automated BACS system. Payments will usually take 2 working days to clear in to your account. Rental payments are made on the same date every month in advance.
No we don't. The rent agreed will be the rent that you receive from Manor Estate Agent every month. We do not charge commission or a management fee.
You will need to check with your mortgage lender whether your mortgage terms allow you to let your property.
Many boroughs although not all require a licence from the council to rent the property. This is either a selective, additional HMO or HMO License.
You will require the following documents to rent your property. Please use the following landlord check-list:
- Proof of Ownership (Land Registry/Mortgage Statement).
- Buildings Insurance Policy.
- 3 FULL sets of keys.
- Electrical Safety Certificate (NICEIC/NAPIT).
- Gas Safety Certificate (CP12) from a ‘Gas Safe’ registered engineer.
- Energy Performance Certificate (EPC).
If you do not have a valid gas safety, electric, or Energy Performance Certificate, we can arrange these for you, just ask a member of the team by calling 020 3500 9988.
No, our service provides you with genuine guaranteed rent each month. We do not charge any premiums, there is no need to make a claim and there is no excess to pay.
