How does guaranteed rent benefit tenants?
Tenants may benefit from guaranteed rent arrangements through professional property management, potentially leading to better communication, quicker resolution of maintenance issues, and improved property conditions. Learn more about the Stayful guaranteed rent service here.
Visit our blog to learn more about Landlord rights, information on eviction processes & guaranteed rent for landlords
Do You Have Rental Properties ?
If you’re looking for dependable monthly rental income, our guaranteed rent service is the perfect solution.
Our guaranteed rent scheme offers landlords a hassle-free renting experience, guaranteeing a stable income for up to 5 years. Your house or apartment will be professionally managed and maintained by the Stayful team, eliminating worries about maintenance costs or tenant issues.
We provide landlords with a secure, long-term rental contract, free from void periods, rent arrears, or agency fees!
Fill out our enquiry form today to learn more about our Guaranteed Rent service.
What is Guaranteed Rent ?
Our Guaranteed Rent service eases the burden on local landlords, ensuring your monthly rental income remains uninterrupted, even in cases of tenant delays or vacancies.
What sets us apart from other property agencies is that Stayful pays rent on your properties at or above fair market value, subsequently converting them into Short Term Lets/Airbnbs.
Throughout the tenancy, we maintain your property meticulously, addressing any maintenance issues within 24 hours, guaranteeing a hassle-free and cost-effective experience for you as the landlord.
What properties work for Guaranteed Rent ?
Guaranteed Rent is available for various property types. Whether you own a 1-bed apartment in the City Centre or a 4-bed townhouse on the outskirts, we’ll create a tailored offer based on your property’s location and quality.
The most attractive offers often come from properties with prime locations, parking facilities, outdoor spaces, and high-quality finishes.
If your property doesn’t meet these criteria, don’t worry! It doesn’t have to be in perfect condition. We can provide guidance on necessary improvements and cost-effective refurbishments to meet our standards.
If you have any questions or uncertainties, please don’t hesitate to contact us. We’re here to explore options together.
Are Guaranteed Rent schemes worth it ?
There are many benefits to Guaranteed Rent for landlords. Join our Stayful guaranteed rental service for:
-
Experience uninterrupted, consistent monthly rental income with our guaranteed rent service! We ensure your rental income, even during property vacancies or when guests haven't been secured.
-
We prioritise cultivating enduring landlord relationships. Our guaranteed rent contracts span from 3 to 5 years, ensuring long-term, stress-free, and guaranteed rental income.
-
We provide a hassle-free method for renting your properties, handling all property-related matters, eliminating the need to pursue late payments or incur eviction costs.
-
We specialise in guaranteed rent services, we are committed to providing continuous support and delivering a flexible, tailored rental service. Moreover, our guaranteed rent services extend across nationwide, encompassing areas like York, Dorset, Manchester, Liverpool, Leeds, Newcastle and Nottingham.
-
Furthermore, you'll enjoy the advantages of professional property cleaning services and frequent (minimum) cleaning audits to maintain the condition of your property. We acknowledge the rental concerns and, as such, offer the installation of security cameras and noise monitoring technology to enhance your peace of mind.
-
At Stayful, we secure a deposit from our clients to address all maintenance needs, relieving you of the task of coordinating tradespeople or attending to tenant requests. Additionally, we ensure the rapid resolution of any maintenance concerns within a 24-hour timeframe.
All Area’s We Cover For Guaranteed Rent
-
At Stayful, we secure a deposit from our clients to address all maintenance needs, relieving you of the task of coordinating tradespeople or attending to tenant requests. Additionally, we ensure the rapid resolution of any maintenance concerns within a 24-hour timeframe.
-
Guaranteed rent provides landlords with a consistent and predictable income, eliminating void periods, reducing administrative burden, and ensuring regular payments. It’s especially advantageous competitive rental market, offering financial stability and peace of mind to property owners.
For more info click here.
-
Yes, guaranteed rent agreements cover vacant properties, ensuring landlords receive a fixed monthly income even if the property is unoccupied; that’s the main benefit of the guaranteed rent system. Learn more about the Stayful guaranteed rent service here.
-
Yes, landlords can transition from traditional tenancy agreements to guaranteed rent schemes. However, it’s important to review the terms of the existing tenancy agreement, including notice periods and tenant rights, before making the switch. Proper communication with existing tenants and compliance with legal requirements are crucial during this transition to ensure a smooth process.
For more info click here.
-
There are no unordinary fees associated with a guaranteed rent. From a landlords perspective it is just like a normal tenancy. Learn more about guaranteed rent with our full guide Here
-
to answer the question in short, yes a landlord can refuse to allow pets inside of their property, often because pets can create excessive wear and tear on a property, if you want to know if your landlord will allow pets you can check your tenancy agreement or ask your landlord, cead our FAQ below for more information and common questions around pets in rented accommodation.
-
There is no legal limit on how much landlords can increase rent by in the UK, however they are tied to the market as if they are trying to rent above this rate, they will not be able to find a tenant.
Guaranteed Rent / Landlord FAQ
-
Normally you have 2 eviction process, section 21 and section 8, because you have no tenancy you will have a section 8 which you can use to be able to evict a tenant in the absence of a written tenancy agreement, you will need to go to the court and seek accurate legal advise before proceeding further.
-
Often there will be 2 types of eviction on a standard AST agreement Section 21 - Sometimes called a “no fault” eviction you will need to give 2 months notice. Section 8 - This is because a tenant has breached terms of agreement for example no rent being paid or paid late, this can be between 2 weeks and 2 months depending on which term has been broken.
-
You will have to get a court order to evict a tenant, it is important to get the notice correct from the beginning as if your tenant challenges this notice and they can’t prove why it is wrong, they will have to pay for all of your court costs, a normal eviction process is between 2-8 weeks from the first letter.
-
Are you a landlord in the UK looking to evict a tenant? Understanding the eviction process can be challenging, but don't worry, we're here to help. In this comprehensive guide, we'll walk you through the necessary steps and answer one of the most common questions: How many months' notice is required to evict a tenant in the UK?
-
depending on the type of notice that you give and the kind of tenancy that you have in place, you may not need a reason to evict your tenant.
-
To give you a rough idea it can cost between £1000-£2500 to evict a tenant in the UK depending on which route you go, how willing the tenant is to leave and how far in court proceedings the case has gone.
-
In Yorks’s guaranteed rent schemes, the management company typically handles tenant selection. They find suitable tenants, conduct background checks, and ensure tenants meet the necessary criteria. This professional approach minimises the risk of problematic tenants, providing landlords with reliable and responsible occupants for their properties.