As a letting agent, keeping on top of rent payments is essential for maintaining long standing relationships with your landlords. In some cases, non-payment of rent from a tenant can lead to eviction cases which can cost you time, money and your relationship with that landlord.

Advanced Rent’s Managed Rent Collection service guarantees your landlord receives their rent on time and guarantees your monthly management fee. Subject to the tenant passing successful reference, the service will also cover the costs to evict should a tenant fall into arrears.

How does it work?

Rent Guaranteed is a managed rent collection service where we pay you or your landlord the rent on time every month, regardless of whether the tenants paid. We then collect the rent from the tenant on a monthly basis handling any arrears and eviction cases that may occur, allowing you to focus on other areas of your business knowing you have a dedicated rent management team to support your business. If in the unfortunate situation occurred where your tenants did fall into arrears, our service would continue to pay the rent on time every month while our specialist team manages the full eviction process up to legal vacant possession.

The benefits of Rent Guaranteed include:

        Coverage for all regulatory compliance requirements under UK                    new tenant law

        Includes Rent Guarantee Insurance 

        Removes voids from your business 

        Guarantee your monthly management fee

        Allows you to offer a premium let service to your client bases at a                higher fee less costs

        Removes the costs associated with chasing rent & managing arrears 

        No costs to you in the event that legal action is taken

        No costs associated with rent arrears 

        Allows you to focus on other arrears of your lettings business 

        Helps you improve your relationship with your landlord.

Looking to get even more out of this service? We can even handle the AST set up, collection of the first month’s rent, deposit and deposit protection.

Find out how you can revolutionise your lettings business by speaking to our specialist team today: