Frequently Asked Questions
Your property couldn’t be in safer hands when you sign up to our guaranteed rent scheme. We look after your building and the tenant. We are on hand 24/7 and treat your property as our own.
Who is assured properties and what can you tell me about their background
We are both the ideal landlord and the perfect tenant. Thanks to our hassle-free rent guarantee scheme and professional service, we effectively become the buffer between landlord and our tenants. We provide landlords with a service that ensures peace of mind and regular payments with no hidden fees.
What is a rent guarantee for landlords and how does it work?
The rent guarantee scheme for landlords involves you letting your property to Assured properties. We effectively become your tenant, and we guarantee your rent for an agreed period, usually 3-5 years. Your rent is paid monthly by standing order for the duration of the agreement, even if the property is untenanted.
What is the difference between a rent guarantee for landlords and rent guarantee insurance?
Rent guarantee insurance is a type of landlord insurance provided by specialist insurers, covering landlords for rental income if tenants fail to pay. While some landlord insurance policies include this coverage, most require an additional premium.
Loss of rent cover is different. It insures landlords against rental income loss when a property cannot be let due to insured damage, such as fire or flood.
Neither of these is the same as guaranteed rent schemes for landlords. With rent guarantee insurance, you typically must wait until tenants are a month behind on payments, and coverage usually lasts up to 12 months with potential claims limits and excesses.
In contrast, a rent guarantee scheme for landlords provides a straightforward assurance that rent will be paid monthly by standing order for the entire agreement duration, even if the property is vacant.
How long does it take to secure my guaranteed rent?
The process, from inspecting your property for safety and compliance to agreeing on terms and signing the rent guarantee agreement, can take as little as 48 hours.
Which areas does your rent guarantee scheme for landlords cover?
Assured Properties covers South West, South East, and East London, along with areas near London like Dartford, Gravesend in Kent, and select parts of Surrey. Contact us to verify demand in your area.
Can you tell me about Assured Properties' track record and services for landlords?"
With a substantial track record, Assured Properties continues to offer landlords a reliable and consistent income underpinned by a professional service team, who specialise in the core areas of property management from maintenance and repairs to legal redress and time-consuming and costly administration and compliance processes..
Assured Properties comprehensive and bespoke service offering continues to grow and meet the needs of hundreds of landlords across the UK, allowing them to maximize their property investment, whilst removing the burden of managing and maintaining the property themselves…
What maintenance and repairs are included with your rent guarantee for landlords?
For the duration of our agreement, we will cover day-to-day repairs as reported by the tenants or identified during our quarterly property inspections. This will include the likes of leaks, tripped electrics, lock malfunctions, general maintenance tasks and much more. External repairs, such as fencing and roofing, remain the responsibility of the landlord.
Loss of rent cover is something different altogether. This type of insurance covers landlords in situations where a property cannot be let due to damage covered on a buildings insurance policy, such as fire or flood.
Neither of these policies are the same as guaranteed rent schemes for landlords. To claim on a rent guarantee insurance policy, you would usually have to wait until the tenants are behind on payments by a month, and then you will normally only be covered for up to 12 months. Often there is a claims limit, which may not cover the rent that you would usually be charging. There is also sometimes an excess to pay, and other limitations and conditions that need to be met.
A rent guarantee scheme for landlords, on the other hand, offers a simple assurance that rent will be paid every month by standing order for the entire duration of the agreement. Even if the property is untenanted, the payments will continue.
How do you guarantee the condition of my property at the end of the guarantee agreement?
We promise our landlords that we treat their rental properties with the same care as if they were our own. Our thorough quarterly inspections for every managed property help us monitor its condition, ensure tenant compliance, and address emerging issues promptly.
We have strong partnerships with various local authorities and housing associations in London, Kent, and Surrey. These partnerships enable us to offer a competitive rent guarantee scheme, providing landlords with peace of mind, cost and time savings, and income security.
Will you pay me market value rent as part of your rent guarantee for landlords?
We pay our landlords a fair rental value based on the property type, size and location. Whilst this may not be the same as full market value, the fact that our rent guarantee scheme for landlords includes free professional property and tenancy management, repairs and maintenance, quarterly inspections and rental payments made on the same day each month, gives it exceptional value.
For a minimum of three years, without any additional costs or hidden fees, you will enjoy guaranteed rent, even during void periods. Freedom from having to chase rental payments. No vacant periods where you are not earning any income. No need to deal with tenant queries, organise or pay for repairs and maintenance, or carry out property inspections. And no agency or management fees. Plus we guarantee to return your property in its pre-let condition, allowing for fair wear and tear. So all in all, not only will you be saving time and money, you will also be guaranteeing your peace of mind.
We’re known for our established relationships with a number of local authorities and housing associations across London, and parts of Kent and Surrey. These relationships allow us to offer a competitive rent guarantee scheme that provides landlords with peace of mind, cost and time savings, and income security.