As a property owner in London, it’s only natural that you want to secure your investment and enjoy a reliable income. That’s precisely why our Guaranteed Rent Scheme at Abel Living has become such a popular choice. It offers unparalleled peace of mind with its fixed, regular rent payments, regardless of vacancies, arrears, or troublesome tenants, and all without the hassle of day-to-day management.
But as with any contract, there comes an end date. If you’re currently enjoying the benefits of our Guaranteed Rent Scheme, or if you’re considering joining us, you might be wondering – What exactly happens when the contract reaches its term?
Option 1: Renew Your Agreement for Continued Peace of Mind
For many of our landlords, the Guaranteed Rent Scheme proves to be such an effortless and rewarding experience that the most logical choice is to simply renew. This is often the path of least resistance and maximum benefit.
Seamless Transition: Renewing means your income stream remains uninterrupted. There’s no period of vacancy, no search for new tenants, and no dip in your monthly payments.
Continued Benefits: You continue to enjoy all the advantages of our scheme: guaranteed rent on time, every time; full property management; regular inspections; and handling of maintenance and repairs.
Negotiated Terms: While the core benefits remain, the renewal period offers an opportunity to review and potentially adjust terms based on market conditions and your property’s performance. Our team will work with you to ensure the renewed agreement continues to meet your needs effectively.
No Stress, No Fuss: For landlords who value their time and desire a completely hands-off approach, renewal offers the ultimate convenience. You simply continue receiving your rent payment without lifting a finger.
Option 2: Take Back Possession of Your Property
Life circumstances change, and your property investment strategy might too. If, at the end of the guaranteed rent term, you decide you wish to regain full control and possession of your property, Abel Living ensures a smooth and straightforward handover process.
Vacant Possession: We guarantee vacant possession of your property at the end of the agreed term. This means the property will be returned to you empty, ready for whatever your next steps may be.
Property Condition: Our commitment includes returning the property in the same condition as it was provided to us, allowing for fair wear and tear. We conduct thorough exit inspections and address any issues proactively.
Clear Communication: Throughout the process, our team will maintain clear and regular communication, keeping you informed of timelines and necessary steps to ensure a hassle-free return of your asset.
Flexibility for Your Future: Whether you plan to sell, move back in, or manage the property yourself, taking back possession is a seamless option that honours your evolving needs.
Your Future, Your Choice
The conclusion of your Guaranteed Rent Scheme contract with Abel Living is a moment of empowered decision-making. Whatever your choice, we are here to facilitate a smooth transition. Our primary goal is to ensure your London property investment continues to work optimally for you.
Whether you’re an existing client about to reach the end of your agreement period or a prospective partner wanting to start a new contract, get in touch with Abel Living today. Call our experts on 020 3924 4001 to see how we can help.