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What is a guaranteed rent scheme?

Posted by jcbrosse2 on January 28, 2022
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They check tenants and fill the unit. In such cases, the owner would be paid even if the property is empty or the tenant does not pay rent. The property manager takes a more active role in meeting vacancies. You can only charge 49 to 69 GBP per month for a rental guarantee insurance product or a guaranteed rental system.

You can only charge 49 to 69 GBP per month for a rental guarantee insurance product or a guaranteed rental system. As a rule, the product maintains the duration of individual leases with a premium of between 6-12% of the monthly rent. The cost of a rental guarantee insurance product or a guaranteed rent system can only be set back £49 to £69 per month. That’s how it works.

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