One of the biggest worries for landlords is not having a regular source of income: tenants pay their rent late or not at all, rental prices dip, or your property fails to generate rental income as it is currently empty.
Our Guaranteed Rent scheme overcomes all these problems, giving landlords financial security and peace of mind.
We operate guaranteed rent scheme across London and the South East, where there is a high demand for properties.
How does guaranteed rent work?
We effectively become your tenant after agreeing a rent with you, this in return is guaranteeing you a fixed rental income even if the property is empty or the tenant decides to stop paying. As we are the tenant that will guarantee you your monthly rent, we then sub-let the property, by vetting the right tenants we can trust will take care of the AST (Assured Short-hold Tenancy) agreement. If they stop paying, decide to leave without notice, damage the property or force us to take an eviction order to remove them, we will take the financial burden – not you.
How long is the guaranteed rental agreement for?
A minimum of 12 months is all we ask for in the beginning and the option to have a maximum 5 year contract with the flexibility of renewing contracts on a rolling basis.
A rental agreement you can trust
We sign an agreement with you to manage your property for a specific period of time. In return, we will guarantee you a set monthly rental income and even though your overall monthly rent is slightly lower than the actual market value, but given the risks involved as a landlord, from non-payment of rent to other costs associated with difficult tenants including eviction, you will end up saving yourself thousands of pounds should any negative situation arise due to the tenant.
Operating since 2010, AMS Housing has robust financial resources and systems in place to be able to offer such guarantees, and a long track record in delivering on these. We are very selective about the properties and the tenants that we take on, whether they are private or from local authorities. In this way, we are able to protect both our and our clients’ interests.
As an added assurance, our membership to the Ombudsman Services – Property, is our company policy in ethically adhering to the standards of this independent body, while also offering clear and effective redress for any issues that may arise between ourselves and our clients.
- We can Lease the property for 1-5 years.
- Achieve market value rent on the property.
- Pay you the rent on the same day every month, guaranteed.
- Pay you even if the property is empty so non void period.
- We take care of any evictions.
- All damage and repair bills covered by us.
- No commission or set-up fee charged or any hidden costs.
- We choose and select suitable tenants we can trust.
- Never worry about arrears.
- Choose the dates you would like to be paid.
- Fixed monthly payments for up to 5 years.
- A fully-managed property service as part of the contract.
- No extra charges or fees, even for evictions.
- Peace of mind because you will be paid no matter what.
- A 0% commission full management service.
- Inspection on the property every 4-6 weeks.
- A FREE inventory: electrical safety test, gas safety check, Energy Performance Certificate.
- Claiming and rectifying for damages done.
- Property prepared for a new tenant by painting, cleaning and making good.
- Minor repairs carried out for FREE.
- A house customer service team to help deal and assist with the day-to-day issues.
- A piece of mind that is worry and hassle free.
Servicing our council guaranteed rent scheme in Barnet, Brent, Camden, Ealing, Enfield, Royal Borough of Greenwich, Hackney, Hammersmith and Fulham, Haringey, Islington boroughs
Proud to be working in partnership
To be honest, at first I was a bit sceptical about not receiving the extra £50 a month in rent that I could receive if I dealt with things directly. What swung it was an episode of ‘Can’t Pay? We’ll Take It Away!’. The TV programme covered a story about a family being evicted for failing to pay their rent. After they had vacated his property, the landlord explained what had happened.
Initially everything with the tenants was OK. However, due to a few issues, they refused to pay their rent and were not taking care of the property. The head of the family was very aggressive and while the landlord had good reason to evict the tenant, as it was a family with children, the process took a very long time.
The landlord spent over 18 months going through all the proper procedures for eviction. It cost him over £20k in lost rent, which he is highly unlikely to get back. There were three court hearings, which cost over £1,000, and two bailiffs, which also incurred over £1,000. And he faced a considerable bill to bring the property back to a decent standard.
The TV programme got me worried and I decided to talk to a few experts. When I met with AMS Housing, they explained they had dealt with a similar situation to the one shown in ‘Can’t Pay? We’ll Take It Away!’. Their client was a landlord living abroad and initially he was not even aware of the problem because AMS took care of everything and had guaranteed rent, so there was no gap in payments.
Jed at AMS was very transparent about the costs. He said the landlord receives about £100 less each month, £1,200 per year, than if he managed it all himself. But this loss pales into insignificance considering the £25,000 costs he could have incurred. It was all the convincing I needed, and have not looked back since.
Trudy Obode, Finsbury Park, London
Why do you need rent guarantee scheme?
As the demand for property drops, so too does vacancy. Our Guaranteed Rent scheme overcomes this problem, providing landlords with a reliable income stream and peace of mind. The solution is easy to set up, quick to set up and easy to manage, making it ideal for busy landlords looking for simple security.
We provide a reliable, flexible and professional solution for landlords looking for additional investment income.
If you are looking for a new way to generate consistent rental income and peace of mind, then the Guaranteed Rent scheme is for you. The solution is easy to set up, quick to set up and easy to manage, making it ideal for busy landlords looking for simple security.
Unlike traditional methods of renting out properties, our Guaranteed Rent scheme is a complete solution that works well for landlords and tenants. By investing in our products you can expect an assured income stream.
The Guaranteed Rent schemes are risk-free and simple way to provide income to your business. With the increasing average rental prices and low occupancy rates, it’s vital for modern landlords to have a stable income so for.
Generating fixed rental income from your property does not have to be time-consuming, expensive, or risky. Our team of experts have created a business system that ensures you generate a regular stream of new renters which can ultimately help to reduce the amount of time you spend on your management duties.
How will AMS Housing Group help me in Property management?
We offer a solution to one of the biggest issues for landlords by guaranteeing rent from first month’s rent payment. This means that you no longer have to worry about losing money if a tenant is late or just doesn’t pay – our renters will cover their rent on time.
Our Guaranteed Rent services to provide landlords with the financial security and peace of mind that comes with knowing their rental property is making money for them.
AMS Housing Group has worked closely with real estate finance experts to create the ultimate solution for landlords: a guaranteed monthly income, without the hassle and friction of chasing payments.
We provide a tried and trusted way of bridging the gap between tenant and landlord. We identify & source high quality tenants that are eligible to apply, who have a good track record, and will stay in your property for longer.
What benefits do rent guarantee scheme provide?
Rent guarantee provides financial protection to you when renters are unable to meet their rent obligations due to loss of employment or rent arrears dur to other extenuating circumstances.
We want you to feel secure in your decision to rent. So, we’re going above and beyond. Our delivery guarantee gives you extra peace of mind when you opt for rent guarantee services. We understand that accidents happen, so if anything gets damaged in transit, we’ll reimburse every penny.