Quote:
Originally Posted by klinton
10 % sounds wonderful for that kind of service actually...
I guess that you signed up with them long term paper, for like 10-15 years of guaranteed rent ?
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No, tbh its just an ongoing basis. If the current tenant decides to give notice, they just bring another in straight away. No bother to me... That what I mean by they handle all the 'Business' side of things for me...
I just know that on certain days of the month, certain amounts of money are going to be deposited in my bank account and for the last five years or so, they have.
Quote:
Originally Posted by American Psycho
Yes that sounds great.
How can one find a management company that does this? Ive not heard any companies here paying remt regardless if the unit is rented or not
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Well full transparency, I wasn't aware that this was anything else 'but normal' if you get me? As I have said, I am in Teignmouth Devon, and these are my lettings agents:
Dart & Partners Estate Agents - Property for Sale and Rent in Teignmouth, Devon
The landlords page is
here and the specific service is part of the 'Fully Managed Service' called 'Rent Protection Service'
There full terms can been seen
HERE I admit that it does say that its only free for the first year, then it costs £130 a year each year, but I have never been charged any payment other than the initial setup fee which includes this. I guess because I have a few properties with them I don't get charged it? Not sure really but I'm not gonna ring up and suggest they missed it!
Quote:
Originally Posted by klinton
in UK there are not enough flats to rent and big demand, maybe thats why it is like that...
but lets wait for an answer....
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Hope the above makes sense
Better to point you direct to the horses mouth so to speak