Our Guaranteed Rent service offers landlords a fixed monthly income, paid on time, regardless of occupancy. We take on the management responsibility, giving you financial certainty and peace of mind.
A Guaranteed Rent Solution That Removes Uncertainty
Our ‘Guaranteed Rent’ service offers landlords the opportunity to benefit from a set rental income every month whether a property is tenanted or not. It also includes all day to day maintenance and management costs giving landlords the opportunity to benefit from a completely hassle free rental experience.
By taking responsibility for the property during the agreement period, we simplify management and reduce landlord involvement. Our people-first approach ensures the property is responsibly occupied and professionally overseen, while you benefit from stable income and long-term peace of mind.
If you are interested in appealing to the widest possible tenant market, or your local authority has introduced a licensing scheme in your area, why not let us help you to acquire a fully compliant HMO licence?
How Our Guaranteed Rent Service Works
Our Guaranteed Rent service is designed to give landlords certainty. From tenancy setup and consistent monthly payments and a free maintenance programme payments, we do everything so you can enjoy a fixed income without the usual management responsibilities.
We value your rental and agree a fixed monthly rent for the contract period. To book a valuation email us at info@homesforpeople.co.uk
Once an agreement is in place, we find responsible tenants, manage the property and take
responsibility for occupancy and day to day running.
You receive a consistent monthly rent payment, paid on time, regardless of whether the property is occupied or not.
We manage every aspect of your property throughout the agreement ensuring all utility bills are paid and cover all day to day management costs for parts and labour. To see exactly what maintenance issues are covered see the FAQs below.
Our Guaranteed Rent service is built for landlords who value financial stability and reduced risk. By offering fixed monthly payments and taking on the responsibility of managing the property, we remove common concerns such as void periods, missed rent and ongoing maintenance issues.
We focus on long-term tenancies and as owners of our own portfolio of properties we understand all the challenges that landlords face in getting the right tenants. If a tenant isn’t right for your property, they will not be renting your property. We are interested in long term, stable tenancies, we aren’t interested in short term gain for long term pain.
Guaranteed Rent
What is Guaranteed Rent?
Guaranteed Rent is a service where we agree to pay you a fixed monthly rent for your property, regardless of whether it is occupied. This removes the uncertainty of void periods and missed payments.
Do I get paid if the property is empty?
Yes. Once the agreement is in place, your rent is paid consistently for the full contract term, even during vacant periods.
Who manages the property during the agreement?
We offer a full management service including day to day maintenance with costs covered by Homes for People including some appliance replacement where required. To see what is and isn’t covered please look at the next FAQ.
What maintenance issues are covered by the Guaranteed Rent service?
Appliance replacement/repair to an equivalent standard, including:
- Washers & Dryers
- Dishwashers
- Microwaves
- Ovens & Hobs
- Extractor Fans
- Fridges and freezers
Furnishings replacement/repair to an equivalent standard, including:
- Mattresses
- Beds
- Sofas
- Wardrobes
- Bedside Tables
- Chest of Drawers
- Mirrors
Minor electrical works:
- Socket and switch repairs
- Bathroom extractor fan replacement
Minor plumbing works:
- Tap replacement (To an equivalent standard)
- Waste replacement
- All toilet repairs
- Shower screen repairs
- Unblocking of sinks where necessary
- Bathroom cabinet replacement (to an equivalent standard)
- Shower and bath sealing of trays and baths
- All boiler repairs up to a maximum of £400
Garden Maintenance:
- Pre and post tenancy garden clearance
Cleaning:
- Pre and post tenancy cleaning
Certification included:
- Annual Gas Safe Certificate
- Annual Electrical Certificate
- EPC if required
What maintenance issues are NOT covered by the Guaranteed Rent service?
- HMO Licence Application Fees (The application process would be covered and completed by Homes for People but not the fees charged by the council)
- Anything related to the fabric of the building such as roof, walls, windows etc.
- Boiler replacement
- Any work that fails an Electrical or Gas Certification inspection
- Issues related to mains water supply
- Any work required to bring the property up to standard in terms of MEES (Minimum Energy Efficiency Standards)
Are there fixed contract terms for Guaranteed Rent?
Yes. Guaranteed Rent operates on a clear agreement with defined terms, ensuring transparency and certainty for the duration of the arrangement.