THIS IS WHY YOU NEED GUARANTEED RENT

At Orchard & Shipman we understand the pressures of being a landlord. We know that the biggest fear is having an empty property that can result in cash flow problems and impact on your other properties or your personal life. That’s why we developed our Guaranteed Rent offering to provide peace of mind against either a void period with no tenants or a tenant who doesn't pay their rent. 

Image Credit: The Telegraph

So, how does guaranteed rent work? It's quite simple! You receive payment on the same day each month, even if a tenant fails to pay their rent. So gone is the need to worry about whether or not you receive your rental payments each month.

The latest statistics show that in the first two months of this year 13.7% of all property rent was in arrears. As of February the monthly figure has increased, and it's now estimated that 7.6% of all rent is in arrears. This is even higher than the annual figure.

There are a number of advantages to our guaranteed rent service. As well as removing the anxiety and worry about whether a tenant will pay, you will not experience a sudden reduction in income even if the property becomes empty, because we will cover any void periods whilst we find another suitable tenant. You can feel confident that your rental income will not fluctuate.

Our approach to providing rent guarantee is proving to be increasingly popular with Landlords who want a trusted property partner. This is testament to our growth, as we now manage thousands of properties across the UK.

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GLASGOW INVESTORS PROFIT FROM THRIVING PROPERTY MARKET

According to recent research conducted by Citylets, the Glasgow property market continues to thrive. Rental incomes continue to rise, with the most dramatic increase being for larger properties.

Image by DSC04053 by Ann Johnston, on Flickr

There’s no doubt that Glasgow presents a very strong opportunity for property investors, but on average properties take more than a month to let, so it can be a long wait to see your rental income coming in.

However, Letfirst with Orchard and Shipman has an unrivalled offer for landlords. We have corporate clients waiting for properties, meaning your property is let faster than any other agency in Glasgow can offer. Plus, we’re able to offer guaranteed rent for up to 3.5 years, with any tenant damage costs covered too.

If you are a landlord with property to let in Glasgow, or you’re looking to invest in property with great returns, contact Letfirst today on 0141 428 3263 or letfirst@let-first.com, you can also visit the Letfirst website here.

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