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LANDLORDS
We are driven by a fervent passion for delivering top-tier services to landlords while upholding properties to the highest standards imaginable. Our seasoned team of property professionals possesses a wealth of experience in both letting and property ownership. We understand the ins and outs of the rental market, and our mission is to assist landlords in effortlessly renting their properties to our reputable clientele.
Join us to boost your property management experience to new heights of excellence.
BENEFITS OF LETTING TO A COMPANY
Consistent Rental Income - You the landlord will receive a consistent rent each month and will deal with one main point of contact.
Reduced Risk - by renting the property to a company, we will be entering into a corporate let agreement rather than an Assured Shorthold Tenancy ("AST"). In accordance with the Housing Act 1988, the Act provides a significant level of protection to tenants on a an AST which brings complexity in evicting a tenant even when their obligations under the AST have been breached where as a corporate let allows removal within 30 days if there has been a breach of contract.
Professional Management - as we will be letting the property out to our clients on a short term basis we require the properties to be well-maintained and looked after with the property cleaned professionally on a regular basis and regular inspections. Renting to a company allows the arrangement to be completely hands off as we will deal with the ongoing maintenance of the property.
Dealing With Professionals - You will be dealing with people that understand the business and your requirements as a landlord.
Long Term Lease - The minimum term we generally deal with is 3 years + which gives you stability and long term profitability. ASTs are generally 1 year contracts. We also offer flexibility with break clauses if your plans with the property change and you decide to sell for example.
RISKS OF LETTING TO A COMPANY
Whilst there are obvious benefits to renting a property to a company as opposed to a single tenant we think it is also helpful to highlight some potential risks:
Regulatory compliance - Landlords need to ensure that their property meets all regulatory requirements such as fire safety regulations. Whilst a company will be letting the property off you it is the landlords responsibility to ensure that these regulations are adhered to.
Mortgage/Head Lease Restrictions -Landlords will need to ensure that there are no restriction on existing mortgages to allow for corporate lets. In addition, if an apartment, the landlord will need to ensure that their are no head lease restrictions to restrictions to allow for short term lets by the company taking on the lease.
HOW WE COMBAT THESE RISKS?
Whilst it is the Landlords responsibility to ensure all regulations are adhered to, we are very good at understanding requirements and will work closely with you to ensure that the property meets all relevant regulatory requirements.
Regarding Mortgage and Head Lease restrictions we can assist with reviewing documentation on a no fee basis for you to ensure that their are no breaches in your obligations.
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