Guaranteed Rent For Croydon Landlords

A rent guarantee involves rent paid consistently and on time throughout the term of an agreement, irrespective of whether there is a tenant in occupation or whether the tenant falls into arrears. This is a hands-off, low risk strategy to ensure returns on your Croydon buy-to-let property investment are maximised for a fixed duration of time.

We make a rent offer within 24 hours of our property inspection. We usually contract and make payment for your property within 7 days, but if your property meets our minimum standards then payment can be made much sooner.

Rather than pay a deposit on each property, we go the extra mile and offer significantly better assurances than a deposit alone.

Firstly, you must remember that if anything goes wrong with rent payments, the risk is totally ours. We have an established business, manage a significant portfolio and have been trading for 11 years.

Secondly, we conduct regular and thorough inspections throughout the period of the tenancy, which ensures good property standards are always maintained.

Thirdly, we guarantee the property will be returned to you in the same condition it was at the start of the agreement, allowing for fair wear and tear. And lastly, we offer a £1000 indemnity per property in order to cover any work that may be required at the end of the agreement.

We value integrity and transparency. The rent we offer is the net amount you will receive direct to your account on a monthly standing order. We earn our fees by charging our tenants directly. The good news for our landlords with property in Croydon is that once the property is ready, we operate a zero-fee policy.

In the main we deal with London Borough of Croydon local authority tenants, although we do also rent to private tenants in the Croydon area. The properties we manage are always let to families, never multiple occupants, unless the property has a relevant HMO licence.

You can be as involved as you want to be, but generally the whole point of signing up with homes2let is to free up your time and ensure a maximum return on your investment with zero hassle.

Usually we would only need to contact you if we had a maintenance issue at the property, for example the boiler broke down or the roof had a leak. In such a scenario, we would invite you to arrange for the repairs, or alternatively we could take care of things for you, arranging a quotation for approval before any work goes ahead.

We are fully geared up to swiftly arrange for any necessary general repairs so that the property meets regulatory requirements and has all the necessary compliance certificates. Our new property checklist sets out all our requirements for the properties we take on.

We make small margins over a long period of time, which is why we normally contract for a minimum period of three years. We appreciate that some of our Croydon landlords with local property are looking for a longer-term contract so that their investment returns are guaranteed and secured over a longer duration. In this scenario, where possible, we would contract up to six years.