What is a Guaranteed Rent Scheme and Is It Right for You?
November 2, 2024
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TL;DR
Every day your Bradford property sits empty is a day of lost income—and rising costs. This guide explores why void periods happen, how they affect landlords, and how Citywide Housing Group helps you avoid them entirely with consistent rent, long-term leases, and full property management.
What’s in This Article:
What Are Void Periods and Why Do They Happen?
Void periods refer to any stretch of time where your property—or even a single room—is unoccupied and generating no income.
Common causes:
- Tenant moves out with short notice
- Property needs maintenance before re-letting
- Struggle to find suitable new tenants
- Overpriced or poorly marketed listings
In Bradford, with a competitive market and seasonal tenant movement (especially with HMOs), voids are a common risk.
The True Cost of a Void in Bradford
Many landlords underestimate the impact of even a 2-week gap between tenants:
- Mortgage payments still due
- Council tax and utilities still active
- Lost income from rent
- Advertising and letting agent fees
If your HMO has 5 rooms and 2 sit empty for just a month, that could mean a £1,000+ shortfall.
Void periods don’t just hurt your cash flow—they increase stress and workload.
How CHG Eliminates Voids with Guaranteed Rent
At Citywide Housing Group, we lease your property directly for 3–5 years—and pay you rent every month, regardless of occupancy.
What you get:
- Consistent Rent: Paid even if rooms are empty
- No Gaps: We handle re-letting, tenant changeovers, and marketing
- Fully Managed: From compliance to maintenance, we’ve got it covered
Whether you’re letting a single-family home or a 6-bed HMO in Keighley, we ensure no empty period affects your income.
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.
Why Guaranteed Rent is Perfect for Bradford Property Investors
Bradford 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.
Bradford also benefits from high demand in areas like Keighley, Shipley, Ilkley, and Baildon, making it an ideal location for guaranteed rent schemes.
How Citywide Housing Group Supports Landlords
At Citywide Housing Group, we specialise in helping landlords secure guaranteed income with long-term leases. Our approach ensures:
Full Property Management: From tenant management to maintenance, we take care of everything so you don’t have to.
Compliance and Legal Support: We ensure that all your properties meet legal requirements and comply with housing standards.
No Hidden Fees: We believe in transparency, with no surprise costs—what we agree on is what you get.
Local Expertise: Our team is familiar with the Bradford housing market, ensuring you get the best returns for your property.
FAQs About Guaranteed Rent for Bradford 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 Bradford 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 Bradford 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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