We believe every landlord is unique, in terms of your level of experience and expertise in lettings and also the long and short term goals you have for your rental property. We offer a range of bespoke letting services ensured to meet your requirements whatever your circumstances.
For those landlords requiring that extra security and peace of mind who already have opted for the Rent Collection Service or the Fully Managed Service you have the opportunity to use a Rent Guarantee Service. By using this service, you are protected against the threat of unpaid rent and legal fees. We will also cover the legal expenses associated with obtaining possession of your property.
So with this service we guarantee that should your tenant:
The Rent Guarantee Insurance covers:
Key Features:
The biggest fear for many landlords is an empty property. Why? Because an empty property means no rent. Another fear is having tenants that do not pay their rent on time or stop paying the rent altogether. Unfortunately, letting a property is not free from such risks. The assumption that a landlord will receive 12 times the monthly rental in their bank at the end of the year is rarely the case. Our unique guaranteed rent service completely eliminates the risk of non-payment of rent.
It provides peace of mind for landlords who simply want the financial benefits of being a landlord, but without the stress. How is the rent offer calculated? We base your monthly payment on the market rent for your specific property. We carry out market research of the rental market in your area and offer you a realistic, achievable rent based on our findings. As a guide, it is slightly less than your market rent but is very comparable to the amount which you would receive on a traditional management service after all the usual deductions have been made. We then pay you your rent on the same day every month, even if a tenant fails to pay their rent.
Is it an insurance policy? No Chiltern Hills are your tenant and pay you the rent direct from their own funds. In turn, we sub-let the property and collect the rent from the sub tenant. This means any delays in payment by the sub-tenant are our risk and not yours. During the term of the contract, should any maintenance be required i.e. faulty boiler etc. Chiltern Hills will advise the landlord in case you want to attend / organise this yourself. If not then Chiltern hills will make the arrangements on your behalf and deduct the cost from your next months rent.