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Albany Road in Roath is home to pretty much all of the biggest estate agents in Cardiff, including us.
After working with landlords for over 20 years, I’ve seen first-hand how unpredictable letting can be, so it's no surprise to me that our Guaranteed Rent Service grows in popularity each year. With this service, CPS Homes becomes your contract-holder, guaranteeing you fixed monthly payments, every single month, even during void periods.
Landlords who opt for our Guaranteed Rent Service will still receive everything included in our Fully Managed service, and you don't have to pay any letting or management fees either.
For landlords who prefer to take a risk-free approach, it's worth it to have the security of regular, guaranteed income. Even the most reliable contract-holders may face job loss or other unexpected circumstances as the tenancy goes on. With this service, your payments stay consistent - no stress and no surprises.
Consider this case study involving one of our investor clients who purchased two properties, intending to supplement their income and build a retirement fund over time.
Initially, things ran smoothly, but financial unpredictability soon set in. Rising living costs and a job loss among their contract-holders led to inconsistent payments, making it stressful to plan ahead.
Frustrated by the uncertainty, the landlord turned to us. We advised them of our Guaranteed Rent Service and they signed a two-year agreement covering both properties. Now, they enjoy a steady monthly income without the hassle of chasing rent or worrying about void periods, giving them complete peace of mind.
We carefully select reliable, fully referenced, creditworthy contract-holders and handle all aspects of property management, including inspections and maintenance requests, though costs for repairs and compliance (e.g. gas/electrical/fire safety certification) will still be yours.
We take on the risks of void periods, late payments and legal issues.
This guarantee will cost you a little bit more than standard management, but it offers peace of mind and you won't pay letting/management/inspection fees, nor VAT, as it's all rolled into the service.
Our track record proves that landlords using this service often earn more annually than those who self-manage or opt for standard management. With the Guaranteed Rent Service, the financial risks are on us, not you. If this sounds like the kind of certainty you’d like for your rental income, get in touch with me on the details below for a chat.
Rhys Owen
Senior Property Investment & Market Advisor
rhys.owen@cpshomes.co.uk
02921 921506
The information contained within this article was correct at the date of publishing and is not guaranteed to remain correct in the present day.
After working with landlords for over 20 years, I+#8217;ve seen first-hand how unpredictable letting can be, so it's no surprise to me that our Guaranteed Rent Service grows in popularity …