Finefair Ltd has become the top business excelling in private sector leasing Barnet has by working hard to provide the best services. You may think you are making a decent profit right now. However, there may be significant opportunities you are missing. You may also be at risk of voids ruining your income. With our help, you can optimise your investments and guarantee your rent.
The private sector leasing scheme
Joining a private sector leasing scheme can be a highly rewarding endeavour for landlords. It is not difficult to understand, and it all begins with you letting your building to the local authority. The council then uses your home to house those at risk of being homeless or who are already without housing. Low-income, elderly, and disabled individuals can benefit too.
You could be a landlord that is aiming to rent your property out. If so, you are likely wondering what the point of joining a leasing scheme is. There is the possibility of you finding a tenant by yourself after all. The fact is that going down the private sector leasing route will offer you numerous benefits.
A guaranteed income
When you join a scheme, you will gain a guaranteed income. The council you work with shall pay you a fixed amount each month, with the payments typically being in advance. Tenants shall only be responsible for a small part of the rent, or no part at all. When tenants do fail to pay their share, you don’t need to worry; the council will continue to pay what you are due.
The vacancy rates are low
The best scheme for private sector leasing Barnet has also comes with low vacancy rates. Do you have a building that is standing empty? Rather than spending valuable time seeking out tenants, you can gain a guaranteed income. Even if your home is vacant, the council shall pay you. Saying this, vacancy situations are a rarity. This kind of housing always has a demand and most councils have long waiting lists.
Furthermore, you will save any fees you would otherwise pay to advertise your property privately. The council is going to do all the work for you to get tenants into the property. Consequently, you won’t need to pay anything and can save more.
Damages
Another convincing reason to join the scheme is that you will receive compensation for damages. It is entirely possible that a tenant may damage your property, either by accident or intentionally. Getting them to pay for it can sometimes be a real challenge, especially when you are a private landlord. If you are part of a leasing scheme, the council will handle the damages to save you the expense.
Arrange private sector leasing in Barnet with our help
These leasing schemes can be a dream come true for landlords, especially new or accidental ones. Tenants will not be your responsibility here. Neither will most of the property management. Finefair Ltd works with clients to bring them to these schemes and show them what they are capable of. We are a chosen partner of local councils all over London.
So, if you want to try the best private sector leasing Barnet can offer, feel free to get in touch. You can call or email our team for details and to get started quickly if you want to sign up.
