More and more people are taking the plunge, and trying their hand at being landlords. But, like many things in life, this is not a decision taken lightly – there are a lot of different factors that must be considered. From investing your time, finding a mortgage, getting insurance, maintenance fees….being a landlord means knowing how to maintain a delicate balance between all of these elements, and more. And not to forget perhaps the most important – finding reliable tenants.
With over 30 years experience in selling and letting property in Scotland, you’re in very capable hands with Clyde.After all, it is the tenant’s rents that will be your source of income – and if for whatever reason they are unable to pay, this can lead to a lot of stress for all parties involved – from missed rent costs starting to accumulate, legal costs and court fees abound.
Enter Clyde Property’s Rent on Time scheme. In the event that your tenant doesn’t pay their rent, not only will your market rent be covered by Clyde Property, but they will also cover your monthly rent – up to the value of £2500 pcm. It’s one less thing to worry about – and there’s more.
The rent will continue being paid until vacant possession is obtained, and there’s no time limit. If it comes to it, you’ll be covered for all legal costs to obtain possession of the property, including court appearances if the tenant fails to pay rent – with a total claims limit of £50,000. As for breaches of tenancy agreements, this includes expired notices seeking permission if your tenant won’t vacate the property.
This Rent on Time scheme will cost you £24 per month inclusive of VAT – a small price to pay for your piece of mind indeed. If you’re a landlord, or one of the growing number of people looking to rent out a second property for a bit of extra cash, this is absolutely a scheme you want to look into. And what better agent to put your trust in than Clyde Property – with over 30 years experience in selling and letting property in Scotland, you can be assured you’re in very capable hands.
Contact your local Clyde Property branch today for further information.
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