What is a Guaranteed Rent Scheme and Is It Right for You?
November 2, 2024
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TL;DR
If you’re an HMO landlord in Leeds tired of voids, late payments, and compliance stress, Citywide Housing Group offers a consistent rent model that pays you every month—no matter what. Learn how our 3–5 year lease solution gives you peace of mind and guaranteed income.
What’s in This Article:
Managing an HMO in Leeds comes with rewards—but also risks. Between licensing, tenant turnover, maintenance, and compliance, many landlords find the hustle exhausting. And on top of that, there’s always the worry of voids and late rent payments.
At Citywide Housing Group (CHG), we offer a solution: consistent, hands-off rental income through our guaranteed rent scheme. If you’re an HMO landlord in Leeds, this guide is for you.
Why HMO Landlords in Leeds Are Looking for Stability
Leeds is a popular city for Houses in Multiple Occupation (HMOs), especially in areas like Headingley, Hyde Park, and Woodhouse. But with more tenants come more responsibilities—and more risk.
Common challenges faced by HMO landlords include:
- Frequent voids in one or more rooms
- Late or missed rent payments from multiple tenants
- High turnover and constant marketing
- Licensing and compliance with local council regulations
- Maintenance requests from multiple unrelated tenants
These issues eat into profit and peace of mind. That’s where we come in.
How Our Guaranteed Rent Scheme Works
Step 1: Get in Touch
Contact us today by phone or complete our online form to schedule a free, no-obligation property consultation.
Step 2: Property Assessment
We’ll visit your property to assess its condition, provide recommendations for any necessary improvements, and ensure it meets all required standards.
Step 3: Compliance & Handover
We manage the entire compliance process, carry out any necessary repairs, and arrange for an inventory check before officially handing over the property.
Step 4: Consistent Rent Begins
Once everything is in place, we take care of the property management, and you’ll start receiving consistent rent every month.
Benefits of Guaranteed Rent for HMO Landlords
- No Voids: Even if one or more rooms are empty, you still get paid.
- No Arrears: We pay on time, every month—whether or not tenants do.
- No Management Hassle: We take over day-to-day operations.
- Compliance Covered: We ensure your property meets HMO licensing standards.
- Local Expertise: We manage HMOs across all major Leeds areas.
Why Guaranteed Rent is Perfect for Leeds Property Investors
Leeds is a thriving city with a strong rental market. However, like many areas in the UK, landlords often face the challenges of tenant turnover, property voids, and late payments. By partnering with Citywide Housing, you gain the peace of mind of knowing that you will receive a consistent, hassle-free income.
Leeds also benefits from high demand in areas like Leeds City Centre, Headingley, and Horsforth, making it an ideal location for guaranteed rent schemes.
Where We Operate in Leeds
We work with HMO landlords in high-demand areas such as:
- Headingley – Student-heavy area with strong HMO demand
- Hyde Park – Popular for young professionals and students
- Woodhouse – Close to universities and Leeds city centre
- Burley – Affordable housing, ideal for working tenants
- Beeston & Armley – Emerging HMO zones with good yields
Wherever your HMO is located, we can help secure consistent income.
How Citywide Housing Group Supports Landlords
FAQs About Guaranteed Rent for Leeds Landlords
Our leases typically last between 3 to 5 years, offering landlords long-term stability.
Even if your property is vacant, you will still receive guaranteed rent payments.
Yes, you can sell your property at any time, but your guaranteed rent payments will continue until the end of the lease agreement.
Contact us for a free property assessment and see how our guaranteed rent scheme can benefit your Leeds property.
How to Get Started with Citywide Housing Group
If you’re ready to secure fixed, reliable income with no voids or arrears, it’s time to join the growing number of landlords in Leeds benefiting from guaranteed rent schemes.
Contact Citywide Housing Group today to schedule your free property assessment and discover how we can help you unlock the potential of your property.
For more information, visit Citywide Housing or call us at 0113 323 0678.
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