What is a Guaranteed Rent Scheme and Is It Right for You?
November 2, 2024
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TL;DR
Guaranteed rent is worth it if you want consistent income, no voids, and no tenant stress. For landlords in Bradford, Leeds, and Manchester, it removes the biggest risks of property investment and provides long-term stability.
What’s in This Article:
What Guaranteed Rent Really Means
With guaranteed rent, you lease your property to Citywide Housing on a 3–5 year commercial lease. Citywide becomes your tenant and pays you monthly rent, regardless of:
- Whether rooms are occupied or not.
- Whether tenants pay late or fall into arrears.
- Unexpected repairs or compliance issues.
This means you get predictable income every month without the day-to-day stress of being a landlord.
Pros and Cons of Guaranteed Rent
Pros
- Consistent Rent – Paid every month, on time.
- No Voids – Empty rooms don’t affect your income.
- No Arrears – You’re shielded from tenant defaults.
- No Repairs – Citywide covers maintenance.
- No Tenant Stress – We handle disputes, complaints, and move-ins.
- Long-Term Security – 3–5 year leases, extendable up to 10–15 years.
Cons / Misconceptions
- “It’s below market rent” – Citywide pays market rent, not reduced rent.
- “It’s not legal” – Guaranteed rent is fully legal under commercial leasing.
- “I lose control” – You remain the owner; we just handle the management.
Why Guaranteed Rent Works for HMOs and Blocks of Flats
- HMOs – Multiple tenants mean more chances of arrears and voids. Guaranteed rent stabilises cashflow.
- Blocks of Flats – Service charges, repairs, and compliance are costly. Guaranteed rent ensures steady income to cover them.
- Regional Demand – Bradford, Leeds, and Manchester are high-demand rental markets, but high turnover makes consistency hard. Guaranteed rent gives landlords peace of mind.
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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