We provide company let providers on a guaranteed rent scheme which provides you a constant cash flowing property investment for 3-5 years minimum. Below is a breakdown of our 3 company let clientele we provide:
These providers offer a guaranteed rent, free in-house maintenance included on a long-term contract between 3–5-year tenancies.
This client group ideal property type is 1 bedroom – 3-bedroom house, flat or maisonette.
These providers have local government backed housing contracts in place, so they would be using your home to house a family on the local authority list – whether it’s from:
These companies are funded by the local authority hence they can provide a guaranteed rent. You will not have to deal with the tenants as the company is your acting tenant. They will provide inspection before beginning the tenancy to ensure your property meets their compliance. This client group do not pay deposits – as they have a legally backed scheme and, in most cases, pay the rent 1 month in arrears (every 30 days). There are some occasions they can offer pro – rota rent upfront or 1 month rent in advance, but this is not a usual formality. This is a landlord’s favourite option as it’s the most secure guaranteed rental scheme on the market currently. Due to the council’s budget this scheme as set guideline on the rental prices they can offer. For more information on the rents please enquire.
We Source housing for Supported Living Companies. These companies would rent your property from you on a Guaranteed rent for along-term tenancy, dealing with the tenants, maintenance and bills for the property throughout the duration. This client group can pay deposit and 1 month rent in advance. They work along with the council & government to house vulnerable tenant groups and provide secure housing for them. They would always have at least 1 staff member in the property to ensure all tenants are being looked after. The tenant’s groups vary between a wide range:
They only look for large houses usually 4 bedrooms upwards and are registered and verified by the CQC which is the professional body for supported living. These companies are funded by the government, which is why they can provide GUARANTEED RENT and, on most cases, can match your asking price.
We source property for guarantee rent companies. These companies specialise in smaller properties, flats or houses ranging from studio apartments to 5-bedroom houses. This client group can pay deposit and 1month rent in advance. They would rent the property and offer a guaranteed rent, however dependant on the company it could be used for a variation of different methods, such as:
To be transparent, because these companies are offering a guarantee rent but their income rely on the success and profitability of the property, which includes Dealing with the tenants, maintenance and bills, they would look to get a lower rate on the rent in the return they are providing you extra security on your income. They can take any property for 1 year up to 5 years depending on what is best for you.
*INDICATES REQUIRED FIELD
Option 1 Business model works in conjunction with the home office & local council, their income to us is provided 2 months in arrears, which mean each property they take on, they have to fund the first 2 months from their capital.
They provide a soft maintenance lease which means in the contract it stipulates that they are full responsibility for any internal repairs & maintenance throughout the duration of the contract and must hand the property back in the same condition it was let to them (based on the inventory check before move in)
They have multiple properties on management and multiple units they acquire on a monthly bases due to Cashflow they don’t provide deposit as our capital needs to be used across multiple units to offer rent in advance.
We need full address & property details
We provide a rental quote
(If happy) we will ask for detailed video tour
(if happy) we will organise a realistic start date
(once agreed) we need all certs: GAS, EICR, EPC
Draft contract sent for review
Final contract sent for signage
(once signed) Move in money to pay
Key collection
Yes! All our company tenants have been vetted by us, furthermore all contracts stipulate they are in charge of full maintenance for the duration of the term and the property to be returned in the same standard it was let in (based on inventory).
Option 1 gives you security as they hold government backed contracts and are paid by the local authority.
Option 2 & 3 provide deposits or insurance deposit for additional peace of mind.
Step 1:
Input property details
Step 2:
One of the team will contact you to arrange a viewing
Step 3:
We will gather offers from our clients with potential further viewings
Step 4:
We will choose the right company for your property
Step 5:
Referencing and contracts
Step 6:
Congratulations your property has now been let
©2020 Smart Choice Property Investments LTD All rights reserved.
Smart Choice Property Investments LTD is a property sourcing company for local authority providers & residential health care providers within the UK. Landlords can benefit from our company let providers for secure long term rental. We are authorised and regulated by the Property Redress Scheme for insurance mediation. Registered in England number: 12565248
Registered office address: 20-22 Wenlock Road, N1 7GU
VAT Registration Number : 452054028
Disclaimer: We are a sourcing company, we are not responsible for the property after the tenancy start date. If you have taken the property after doing your own due diligence and you are confident it meets your requirements then we are not reliable if the property does not meet your needs. Our sole purpose is to provide available properties but it is ultimately your responsibility to do your own research before committing to a property.