Are rent guarantee schemes worth it?
Guaranteed rental plans are great initiatives that aim to free up affordable housing in the council community. Guaranteed rent plans are great initiatives that aim to free up affordable housing in the council community. One of the main benefits of guaranteed rent for an HMO is that income is secure regardless of whether tenants pay their rent or not. This leads to a number of problems such as HMO licensing, increased wear and even planning permits.
It also doesn’t have to be an HMO for guaranteed rent, many serviced accommodation management structures can be guaranteed. We take care of all the hard work for you. All you need to do is put your feet up and enjoy your monthly rent stress-free — live the life every landlord deserves.
How much rent do you get for HMO?
An example of such an incident is that the tenant does not pay his rent for 2 consecutive months or more. I’ll also share a step-by-step process for you to look for potential rental opportunities today. A property rented out in this way is called either a multi-let or an HMO (a house in multiple occupancy). In this situation, you can then agree on the rent you are going to pay and offer to put a new kitchen in the property for them.
If someone in an HMO falls ill with coronavirus (COVID-19), you don’t need to find alternative accommodation for the other tenants.