Maximising Rental Income for South London landlords

At homes2let, it’s our vision to ensure South London landlords are maximising their property income whilst reducing the hassle and time spent on property management. We believe renting your property in South London should be simple, hands-off & headache-free. And with the homes2let rent guarantee, it really is as easy as A-B-C!

We are Croydon-based local guaranteed rent specialists and can guarantee the best value contracts in town!

Guaranteed Rent for Landlords with Property in South London

The homes2let guaranteed rent scheme has been designed by our experts-in-the-know to make your life as a landlord or letting agent free from risk and devoid of worry. And, because it’s all backed by our quality benchmark promise and resilient business standing, you get to enjoy unbeatable service and total peace of mind all the way.

Hassle Free

Everything’s covered, from tenant sourcing and referencing to getting your property rental-ready both sides of the tenancy. The ultimate hands-off investment.

Swift & Streamlined

Smooth, reliable and fast. We offer on a property within 24-hours of viewing it, meaning your guaranteed payments start super-swiftly.

Cashflow Certainty

Not only is the rent paid in advance, it is paid by standing order for the duration of the contract. Rent arrears will be a thing of the past.

Zero Void Periods

Your rental payments continue, even during vacant periods. So that’s a continuous income stream 365 days a year.

In-House Maintenance

With day to day maintenance and repairs all taken care of, you’ll never have to worry again about out-of-hours calls.

Fee-Free Zone

homes2let pays ALL your rent with NO deductions. Nil set-up costs, no admin fees, zero commission. The safest, simplest way to let your property.

About homes2let

Since 2009, homes2let has been making a difference to buy-to-let landlords. Our mission is to offer comprehensive property management services that will maintain financial stability for South London landlords with local property.

Using an unrivalled blend of experience, knowledge and skill, our team provides certainty and peace of mind for landlords with property in South London. If you are seeking a unique solution to the traditional form of property lettings, the homes2let rent guarantee could be just what you need.

Latest Insights

  • Can you make money being a landlord? It’s a good question, especially as rules, regulations and tax breaks continue to change, in many cases not for the better. But with some expert insight and the right strategy, the good news is that buy-to-let investment can still be a lucrative way to create a profitable income stream. Let’s take a look at five ways to help you optimise your profits as a landlord. With demand for rental property high, and supply generally low in many areas of the UK, there is plenty to attract the buy to let investor. But the question of how to make money as a landlord will of course always arise. Here are some strategies you may wish to consider to help you get the most out of your landlord business. Consider setting up as a company Changes to mortgage interest tax relief have proved to be one of the biggest threats to landlords’ investment profitability, with higher-rate taxpayers facing more of the rough end of the stick than anyone else. For this reason, many landlords have been considering setting up as a company. This allows you to offset all your mortgage interest when calculating your tax bill, instead paying Corporation Tax on your profits. A company structure can often work well for landlords with larger portfolios. However, for those with just one or two properties, the benefits may not necessarily outweigh the costs, especially bearing in mind that a move to a company structure will require you to sell your properties to your company, which will incur a Stamp Duty liability. If you’re unsure as to the right structure for your buy to let business, be certain to take professional advice. Source and retain the best tenants A good tenant who pays their rent on time and treats your property with respect is worth their weight in gold. You’ll therefore want to invest in finding the best tenants and, when you do, hold on to them. Void periods can be very costly to landlords, but there are plenty of ways to avoid them and be a good landlord, keeping the tenant happy by ensuring you react to any maintenance requests in a timely fashion being one of them. Also, when the time comes to renew the tenancy, make sure you get your rental rate right and can justify any rent increases, as if the tenant considers it unfair, they may well look elsewhere, leaving you with an empty property on your hands. Re-mortgage to a better rate It can sometimes be beneficial for landlords with a buy to let mortgage to switch deals, particularly if interest rates have dropped since the original loan was taken out. It is generally possible to secure a new mortgage six months before the end of a current fixed term, so it’s a good idea to start looking at your options in advance. You may also wish to consider a green mortgage which could provide you with a means to upgrading the energy efficiency of your property in order to improve EPC ratings. Reduce your management costs Property management costs can be one of the greatest expenses for landlords, whether you paying for a managing agent to handle the day to day running of your property, or you are covering the maintenance costs yourself. Managing agent fees can set you back between 12 and 20 per cent of your rental income. There is plenty of choice, which means you could save money by shopping around. When comparing agents, make a list of the services you genuinely need so that you do not pay unnecessarily for things you don’t need. You should always weigh up the pros and cons of being a self-managed landlord versus using a letting agent, and think about any added value that a property management service could offer you that will make it worthwhile, such as offering guaranteed rent. Avoid unpaid rent When thinking about how to make money as a landlord, you’ll need to prioritise avoiding unpaid rent, because it can be a costly issue to face. Even just a single missed payment can have a significant knock-on effect. There are various tactics you can use to deal with tenant rent arrears, or you could look at options that will help you avoid them altogether in the first place, such as a guaranteed rent scheme. How to make money as a landlord, with help from homes2let Here at homes2let, we offer a fully comprehensive property management service, with that all-important added value. Unlike a traditional property management service, the homes2let guaranteed rent scheme returns greater profits, whilst reducing your buy to let investment risk by ensuring your rent is paid on time every month, even during void periods. With no fees to pay or costs to cover, and with everything taken care of, you won’t ever have to worry about the likes of tenant sourcing and referencing, preparing your property for rent, meeting regulatory and legal compliance requirements, arranging property inspections or taking care of day to day maintenance issues. Why not talk to homes2let to find out more? Our helpful team has particular expertise in the South London buy to let investment market, and is ready to share a wealth of knowledge to help you make money from being a landlord. We welcome you to get in touch today.

    5 Great Ways to Maximise Profits as a Buy-to-Let Landlord

    18th May 2024

    Can you make money being a landlord? It’s a good question, especially as rules, regulations and tax breaks continue to change, in many cases not for the better. But with some expert insight and the right strategy, the good news is that buy-to-let investment can still be a lucrative way to create a profitable income stream. Let’s take a look at five ways to help you optimise your profits as a landlord.

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    Loophole Means Section 21 Ban Delay “is Not What it Seems” – Claim

    16th May 2024

    Goodlord’s Oli Sherlock argues the government’s delay on the Section 21 eviction ban is misleading. Despite assurances, some landlords may still serve Section 21 notices. Learn about the potential loopholes.

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    Buy-to-Let in Croydon: Potential Rate Cuts later in 2024 and Why Croydon Remains a Strong Investment

    9th May 2024

    The Bank of England’s recent decision to hold interest rates at 5.25% has injected some uncertainty into the UK housing market. While the pause offers a temporary reprieve from rising borrowing costs, the impact of previous rate hikes is likely to be felt in the coming months, potentially leading to slower house price growth. However, Governor Andrew Bailey’s comments suggest a possible shift towards lower rates in the near future, which could reignite buyer demand and stabilize prices.

    Despite this uncertainty, Croydon remains a compelling location for buy-to-let investors seeking a steady return on their investment. Its affordability, ongoing regeneration, excellent transport links, and vibrant atmosphere make it an attractive proposition for tenants, particularly in a market where affordability is a key concern.

  • Guaranteed Rent vs. Traditional Lettings: A Croydon Landlord’s Guide

    2nd May 2024

    Unsure if guaranteed rent or traditional lettings are right for your Croydon property? You’re not alone. Many Croydon landlords grapple with this decision. Balancing income security with maximizing returns can feel like a tightrope walk. This guide will shed light on the key differences between guaranteed rent schemes and traditional lettings, helping you choose the path that leads to stress-free property management and a healthy return on your investment.

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    New Rules for Landlords on Smoke and Carbon Monoxide Alarms

    20th April 2024

    Private and social landlords are set to face tougher new rules, making it a legal requirement to fit smoke alarms in all types of rented accommodation, regardless of tenure. The conditions under which they must be fitted will also be widened. Read on for an update on the latest landlord smoke alarm requirements for the UK.

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    Unpaid Utility Bills: Who Pays, Landlord or Tenant?

    15th April 2024

    A common concern amongst landlords is what happens if a tenant moves out leaving unpaid utility bills. Whether it falls to the landlord to settle the debts, or it remains the responsibility of the tenant, is precisely what we are setting out to provide clarity on in this post.

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    UK House Prices Witness a Decline in March: Insights from the Latest Halifax Report

    5th April 2024

    Explore the latest insights on the UK housing market downturn in March, with detailed analysis from the Halifax report, implications for homeowners and buyers, and future outlook. Uncover the key factors driving house prices and regional variations in this comprehensive guide.

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    Exposed: The Lesser Known Costs of Being a Landlord

    3rd April 2024

    Landlords new to the buy to let environment are wise to take a step back and think about the true costs involved in letting a property, some of which may not naturally spring to mind when working out ultimate yield. Here we uncover some of the hidden costs of being a landlord, a worthwhile read if you are considering getting into the property market.

  • Who is responsible for pest control in a rental property

    Who is Responsible for Pest Control in a Rental Property?

    23rd March 2024

    Bed bugs, cockroaches, mice or rats, it’s never pleasant when a rental property is suffering a pest infestation. But the question of who is responsible for pest control in a rental property remains a grey area. It can be challenging to work out how an infestation came about, which is generally how to determine who is responsible for dealing with it. Here we look at the typical pest-related scenarios that can arise, and how to deal with them.

Frequently Asked Questions

What exactly is a guaranteed rent scheme in Croydon?

It’s a letting solution where a property management company like Homes2Let acts as your guaranteed tenant. We pay you a fixed monthly income, regardless of whether the property is occupied or not. We then find tenants and manage the property ourselves.

How does a guaranteed rent scheme benefit Croydon buy-to-let landlords?

There are several key benefits:

  • Peace of mind: Enjoy a steady, predictable income stream without worrying about rent arrears or void periods.
  • Reduced workload: We handle everything from tenant screening and rent collection to repairs and maintenance,freeing up your time.
  • Minimized risk: Guaranteed rent protects you from potential losses due to tenant defaults or vacancies.
  • Professional management: Benefit from our expertise in tenant selection, property maintenance, and Croydon market knowledge.
  • Flexibility: Guaranteed rent schemes often offer flexible contract terms to suit your investment goals.

Is guaranteed rent the same as finding a letting agent?

No, while letting agents can help you find tenants and manage your property, they don’t guarantee your rent. With a guaranteed rent scheme, you receive a fixed income regardless of the agent’s success in finding a tenant.

Won't I earn less rent with a guaranteed scheme?

The guaranteed rent might be slightly lower than the potential maximum achievable through traditional lettings. However,the security of a fixed income and the elimination of void periods can often outweigh the potential difference.

Is a guaranteed rent scheme right for my Croydon buy-to-let property?

It depends on your priorities. If you value income security, minimising workload, and reducing risk, it’s a great option. However, if maximising rental income is your sole focus, traditional lettings might be better suited. We recommend contacting Homes2Let for a free consultation to discuss your specific situation and find the best solution for your Croydon property.

With a guaranteed rent scheme, is the monthly payment truly fixed?

Absolutely! Homes2Let guarantees your income regardless of market fluctuations or even if your property is temporarily vacant. This provides you with a steady, predictable income stream.

What happens if there's damage to the property during a tenancy?

No need to stress! Our schemes differentiate between normal wear and tear and any excessive damage caused by the tenant. We handle all repairs and maintenance, and in rare cases of significant damage, we may deduct the cost from the guaranteed rent payment.

Can I choose my own tenants under a guaranteed rent scheme?

Since Homes2Let becomes your tenant, we take care of finding suitable occupants. However, rest assured, we conduct thorough tenant screening to minimize risks. You can trust us to place responsible tenants in your Croydon property!

What if I decide to sell my Croydon property while it's under a guaranteed rent scheme?

No problem! Our schemes have clear termination clauses for such situations. There may be associated fees or a notice period required, but we’ll walk you through the process every step of the way.

Is a guaranteed rent scheme the right fit for every Croydon property?

Not necessarily. If your property is in a high-demand area, traditional lettings could potentially fetch higher rents.However, guaranteed rent offers peace of mind and is ideal for less popular locations or niche property types. Homes2Let can help you decide which option best suits your investment goals.

How can Homes2Let help me make the best decision for my Croydon property?

Our Croydon property experts are here for you! We’ll assess your specific situation and investment goals, compare the pros and cons of both guaranteed rent and traditional lettings for your property, and recommend the solution that offers complete peace of mind and maximizes your returns. Contact Homes2Let today for a free consultation!

  • Homes 2 Let Have been a pleasure to deal with from the very first introduction. Rizwan and his team have taken time to fully understand my requirements as a landlord and have been very professional in all aspects of our business together. Their ethos and business model suits me perfectly and I envisage a long and successful partnership. If you are after a hassle free and low touch model for your rental properties, I recommend you contact Rizwan and his team at Homes 2 Let.

    Bharat Patel
    Landlord
  • Dickinson Estate Agents have dealt with Homes2Let since they first started operating. We have a large portfolio with them which is always growing. We would highly recommend the staff and their services.

    Rupen Shah
    Managing Director (Agent)
  • We Can properties have worked with homes2let and they have provided a great service and most importantly always pay on time.

    Ben Nyarko
    Managing Director (Agent)
  • I have let my investment property to homes2let for over 3 years now and I have to say, they have never missed a payment, only contact me when necessary and have a lovely team. I would recommend their service to any landlord looking for a safe and reliable income, without the headache of managing tenants.

    Negar Shamshiri
    Landlord
  • Homes2let is a great company to work with, they truly take the stress out of property management. My rent is Guaranteed and is always paid in advance by standing order. I would have no hesitation in recommending Riz & the team at Homes2let… fantastic service guys! Thank you

    Kelly Mandlo
    Landlord
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