Our guaranteed rent service offers a guaranteed income from your property for between 3 to 5 years, providing hassle-free, passive monthly payments from your HMO.
1.
Receive your guaranteed rent each month, on time, with no delays, extra fees, or unnecessary hassle, ensuring peace of mind.
2.
We take care of all utility bills and monitor minor maintenance and repairs at our cost, which is included in the service we provide.
3.
Enjoy truly passive income with our service, allowing you to earn consistently with any involvement in the day to day management.
4.
We take on the rental liability, which means, if a tenant doesn't pay us, you will still receive your rent each month, on time.
5.
We specialise in managing houses of multiple occupation (HMO's), ensuring compliance and safety throughout.
6.
We have guaranteed over £30K per calendar month to our HMO landlords consistently over the past 3 years.
Comprehensive management included with our guaranteed rent service.
Included
Finding and placing tenants at no extra charge.
Included
Complete HMO setup provided at no additional cost.
Included
Additional services offered free with our guaranteed rent package.
Included
Download our detailed guaranteed rent service.
MARKETING
Online marketing, advertising boards, email marketing.
VIEWINGS
Accompanied viewings for prospective tenants.
SCREENING
Screening of prospective tenants through application form.
REFERENCING
Full referencing checks on potential tenants.
AST
Tenancy agreement creation and signing.
DEPOSIT
Tenant deposit protection and serving of prescribed information.
INVENTORY
Full house inventory and schedule of condition.
Included
CALL OUTS
Designated 24/7 emergency call out number for tenants.
INSPECTIONS
Quarterly property inspection with photographic report.
RENT
Tenant rent & arrears management.
RENT REVIEW
Tenancy rent reviews & renewal negotiation.
TENANT MANAGEMENT
Liaise and communicate with tenants.
LETTINGS
Re-letting of property when vacant.
MAINTENANCE
Routine repairs and maintenance management.
GARDEN
Routine garden maintenance management.
GAS SAFETY
Arranging annual gas safety certification*.
ELECTRICAL SAFETY
Arranging EICR & PAT Testing*.
HEALTH & SAFETY
Arranging additional health & safety certification*.
LICENSING
Comply with HMO license and regulations.
Included
DEPOSIT DISPUTES
Tenant deposit disputes.
RENEWAL
Tenancy renewal.
RENT STATEMENT
Monthly rent receipt.
REPORTS
Fire, gas and electric safety quarterly report.
NOTICES
Serving notice seeking possession & others.
LICENSE APPLICATION
Apply or reapply for HMO license.
Included
LEGALS
Attending Court for possession hearings.
£250
Energy Performance Certificate (EPC)*
Gas Safety Certificate*
Legionnaires Risk Assessment*
Electrical Inspection Condition Report (EICR) and Portable Appliance Testing (PAT)*
Annual Fire Alarm and Emergency Lighting Testing*
At Cost*
If you are interested in our guaranteed rent service, here’s how our property appraisal process works.
Step 01
Step 02
Step 03
Step 04
“Of all the people I met with, Ray Charles were by far the most professional. They were easy to deal with, attentive, responsive and made the transition period pain free.
Negotiations around the contract, which could have been labored and drawn out were smooth and quickly completed.”
“I instructed R Charles for their tenant find service, which was great.
4 tenants sourced for my HMO very quickly, with professional references provided as well.
Would highly recommend.”
“They offer the full management letting service including tenant find, reference checks, AST, rent collection, licence renewal etc. while offering me a guaranteed rent. I could not be happier. It is far better than anything I was expecting and I think a real indication as to how well they manage the houses/tenants is the fact that not one tenant has left since Ray Charles took over from me.”
“Ray has been a wonderful point of contact as I was looking for a place to live. He was helpful, friendly, and always communicated clearly and responded quickly. Maintenance requests were always dealt with promptly and professionally, and the house itself was in immaculate condition when I moved in.
Thank you for everything Ray at R Charles Property.”
FAQs related to HMO Guaranteed Rent Service
How do you guarantee the rent?
We offer around 20% of the full market value to ensure profitability for both us and you as the landlord.
Do you pay for the bills?
Yes, we cover all bills and utilities, including council tax, so you don’t have to.
Who pays for repairs and maintenance?
We handle smaller repairs and maintenance at no cost to you, with all work completed by our approved contractors. However, structural repairs remain the landlord's responsibility.
If a tenant doesn't pay, do I still get paid?
Yes, we assume all tenant liability; if a tenant fails to pay, you still receive your guaranteed rent on time.
What am I responsible for as the landlord?
As the landlord, you are responsible for insuring the property correctly, handing over the HMO in a compliant manner to us, and covering any structural repairs or maintenance, including the boiler.
How do I secure guaranteed rent on my HMO property?
Start by calling our office to discuss your property and circumstances. We’ll arrange a property viewing, complete a market appraisal, make an offer, and begin the onboarding process for a truly passive HMO experience.
Your Property Investment, Development and Lettings Partner
Subscribe to our newsletter
Copyright © 2024 R Charles Property Ltd. R Charles Property Ltd is a company registered in England and Wales, Reg No 15443723.
Created by the team at Outcraft Agency
