ACJ Properties has launched a new rent guarantee service to help safeguard landlords from losing out on rental income.
For most landlords, receiving regular rental income is vital, particularly if there is a mortgage on the property. If tenants fail to pay, ACJ’s rent guarantee service not only pays the rent on the same expected payment day for the Landlord, we also offer help with legal expenses for costs relating to property possession and other disputes that can result from renting out your property, such as the eviction of squatters.
If the Landlord has to gain possession of the Property due to non-payment of rent, once possession has been granted, ACJ will pay 50% of the rent whilst the property is being advertised for a new tenant.
Jason Whiteley, Client Liaison Manager at ACJ Properties commented: “No matter how careful the tenant vetting procedure is, problems with unpaid rent can still arise. Tenants may find that their circumstances change significantly, such as losing a job or being unwell and they may be unable to fulfil their original commitments. Landlords still need to earn an income or keep up with monthly mortgage payments. Our optional rent guarantee service gives landlords peace of mind that any unpaid rent will still be paid whilst tenants are living in the property.”
For further information on our rent guarantee service, please contact Jason Whiteley on 029 20 41 51 61