What is a Guaranteed Rent Scheme and Is It Right for You?
November 2, 2024
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TL;DR
Void periods are one of the biggest threats to a landlord’s cashflow. Every empty week means lost income, extra costs, and more stress. This guide explains why voids happen, how to reduce them, and how Citywide Housing’s guaranteed rent scheme removes void risk completely by providing consistent monthly rent with no arrears and no tenant issues.
What’s in This Article:
- Why void periods happen
- The real cost of voids for landlords
- How to reduce voids using traditional methods
- Why these methods often fail in 2025’s rental market
- The simplest way to eliminate voids completely
- How Citywide Housing guarantees consistent rent
- FAQs
Why Void Periods Happen
Even in high-demand areas like Bradford, Leeds, and Manchester, voids still occur. Common reasons include:
- Tenants leaving unexpectedly
- Poor property condition
- Lack of demand in certain months
- Overpriced rent
- Delays in finding suitable tenants
- Compliance issues slowing down the move-in process
For HMO landlords, the risk is multiplied because one empty room creates a void.
The Real Cost of Void Periods
Void periods cost more than lost rent. They can also include:
- Council tax charges
- Utility costs
- Cleaning and repairs
- Re-marketing fees
- Time spent hosting viewings
Example: A 4-bed HMO with one room empty for 6 weeks:
- £500 rent lost × 1 room = £500
- Council tax share = £70
- Cleaning + marketing = £120
- Total loss: £690 for just 6 weeks.
How Landlords Traditionally Reduce Voids
Most landlords try methods such as:
- Lowering rent
- Offering incentives
- Improving property condition
- Using letting agents to find tenants faster
- Investing in better marketing
These can reduce voids — but they do not eliminate them.
Why These Methods Are Failing in 2025’s Market
With the Renters Rights Act coming into force, landlords face:
- More tenant flexibility (periodic tenancies)
- Loss of fixed terms
- Increased competition
- Stricter compliance rules
- Higher tenant expectations
Tenants can now leave with two months’ notice at any time, making voids even more unpredictable.
The Simple Way to Eliminate Voids Completely
There is only one way to guarantee zero voids:
Lease your property on a 3–5 year commercial lease to Citywide Housing.
This is not traditional letting. It is a fully managed, legally robust lease agreement where Citywide becomes your tenant, not the occupants.
How CHG Handles Compliance for You
At Citywide Housing Group, we remove the stress of compliance by:
- Applying for and maintaining your HMO licence
- Arranging all safety inspections and certificate renewals
- Carrying out repairs to meet council standards
- Keeping your property ready for inspection at all times
- Providing consistent monthly rent with no void periods
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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