With more and more people looking to invest in property, there has been an increase in the number of guaranteed rent schemes on the market.
These schemes provide investors with the security of a regular income from their property investments, without the risk of void periods and the associated costs. You can also check out here to learn more about the guaranteed rent scheme in London.
Security of Rental Income
One of the main advantages of joining a guaranteed rent scheme is the security of rental income. A guaranteed rent scheme will guarantee a fixed amount of rental income for a set period of time, usually up to five years.
No Void Periods
Another advantage of joining a guaranteed rent scheme is that there is no risk of void periods. This is because the scheme will provide a tenant for the property, and will also take care of all the associated costs such as maintenance and repairs.
Peace of Mind
Finally, joining a guaranteed rent scheme provides investors with peace of mind. This is because they know that they will receive a regular income from their property investments, without having to worry about market conditions or tenant issues.