Guaranteed Rent Amidst Section 21 Abolition
We don’t yet know exactly when the general election is going to be held – but one thing is certain. It has to happen by the 25th January 2025. And Housing Secretary Michael Gove has just announced that his government is set on carrying out its 2019 manifesto pledge to outlaw Section 21.
This is, as landlords will be all too aware, the controversial provision that allows them to evict tenants without having to give a reason. Some have welcomed the moves because of the security and protection against the unscrupulous it offers tenants; while many claim it will unduly burden already hard-pressed landlords. Wherever you stand on the issue, there’s no denying that this is one more thing for you worry about. Unless, that is, you simply offload that worry along with almost all the others associated with your property rental business by signing up to the Abel Living Guaranteed Rent for Landlords Scheme. Here is not the place to get into the pros and cons of the imminent legislation – but here’s a very helpful overview.
Five Years’ Peace of Mind – Guaranteed
Contract terms vary – but generally speaking you’re looking at three to five years with a fixed and guaranteed rental rate, agreed in advance and paid on the nail without fail every single month. And because we pay you regardless of whether your property’s actually tenanted – and even if a tenant falls behind or defaults – you’ve nothing to worry about, no matter whether this government or the next does away with Section 21. Because all those tenant liaison, legal and financial issues become our responsibility. Not yours.
Your Property in the Safest of Hands
As hugely experienced, accredited property management professionals, our team has all the diplomacy, legal and financial acumen, experience and expertise to manage every detail of your rental affairs – from advertising the property, sourcing, interviewing, and selecting tenants and carrying out inspections to making sure your property’s being looked after, and even handling repairs and maintenance.
Playing Your Part in Easing the Social Housing Crisis
Not least of the advantages of joining our scheme is the satisfaction of doing something worthwhile in return for a fair financial return – putting a decent and affordable roof over people’s heads.
Don’t worry, be happy – with up to five years’ peace of mind! Get in touch with the Abel Living team today and get a free valuation.