Local Authority rent guarantees could unlock PRS to UC tenants9:21 AM, 20th April 2021
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If you operate a “Guaranteed Rent” business model (AKA “Rent to Rent”) or you are an owner of a property which you are looking to let on this basis and would like to purchase a professionally drafted lease to offer to property owners then look no further.
Having recognised a need for such templates we teamed up with specialist commercial property and contracts solicitor, Justin Selig.
There are two templates.
The first leaves the owner responsible for all ongoing property maintenance onto. The second places far more emphasis on the Rent-To-Rent operator maintaining the property, e.g. the boiler
Both lease contract templates are now available for immediate download for just £97 exclusively via Property118.com
The reason the contract templates are so competitively priced is due to economies of scale, the real cost of drafting contracts of this nature is thousands of pounds. However, having obtained a sufficient number of pre-orders for the contract templates back in 2013 we made it viable to produce the documents and to share costs to arrive at this incredibly low price.
If you are a property owner and you are being offered a “Guaranteed Rent” deal which allows your tenant to sub-let then this lease template is also for you as it protects your interests too. If your tenant wants permission to sublet and you’re being offered a Company Letting Agreement or an Assured Shorthold Tenancy, that’s the wrong contract and should sound warning bells.
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