…but you can protect your income with our Guaranteed Rent for Landlords scheme.
We’re assailed on a daily basis with news about inflation, interest rate rises and the ‘mortgage time bomb’ – all of which, of course, adversely affect private landlords as well as their tenants. An article in the Guardian on the 5th of July 2023 highlights an aspect of the housing crisis that hits low-income private renters particularly hard. Although other elements of social security have kept pace to some extent, the Local Housing Allowance (the mechanism for paying housing benefit to private tenants), remains frozen at 2020 levels despite escalating inflation. According to the Institute for Fiscal Studies, this means LHA now covers as few as 5% of private rentals. That’s very bad news for low-income tenants – and also for hard-pressed landlords struggling with their own fast-rising mortgage payments. The good news is that our Guaranteed Rent for Landlords scheme offers the latter much-needed financial stability and peace of mind, while providing the former with decent homes at fair rates on a reliable, long-term basis.
Helping others by helping yourself.
By making your property or properties part of our Guaranteed Rent for Landlords scheme, you’re helping to ease the social housing national shortage by providing accommodation to families in desperate need of a home. And the great thing is that you get the complete peace of mind of your rent paid in full, every single month for the full period of your agreement – usually up to five years. We even take all those tenant-related hassles off your hands too: including sourcing, interviewing, and selecting tenants, carrying out regular and frequent inspections to make sure your property’s being looked after and even handling repairs and maintenance. Probably best of all, you get your rent paid without fail when the tenants are in arrears and even when the property’s vacant.
Quick, easy, and stress-free.
At a time when landlord and tenants alike are under pressure – and with little prospect of things easing anytime soon, our Guaranteed Rent for Landlords scheme really is a great way to take the pressure off. All it takes is an initial assessment to make sure your property is ‘up to scratch’. If it needs repair or a bit of ‘TLC’, we’ll usually carry out whatever work is necessary before putting your agreement into effect. From then on, you can leave absolutely everything to us, until the day in up to five years’ time when we hand it back to you in exactly the condition we received it – if not better.
What’s not to like! Get a free valuation today! Say hello to the Abel Living team – do your bit for the housing crisis and let the housing crisis do its bit for you!