Rental Guarantee


Thinking about buying to let? Our Rental Guarantee Scheme provides a fixed income paid each month for the first 12 or 24 months regardless of the property being empty or late tenant payments. A smart investment move, guaranteed 5% yield!

‘If you don’t own a home, buy one. If you own a home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home.’

 



John Paulson, billionaire investor

How does it work?

 

Completion

The Rental Guarantee scheme* takes the form of a tenancy between you (as the Landlord) and Fish2Let (The Chosen Letting Agent). You will sign a tenancy agreement with Fish2Let and Brookland will hand your property over to fish2let on completion of your purchase.

 

Furnishing

An interior design company will deliver and install a quality, comprehensive furniture pack. This makes the property attractive to potential tenants and stays with the property once the rental guarantee agreement ends. Furniture packs come in three standards, bronze, silver and gold. Bronze is the standard fit out package for each property, however, you also have the choice of trading up to silver or the gold standard package at an additional cost

 

Inventory

Fish2let will arrange to have a detailed Inventory of the property and its contents taken and a Check In inspection carried out. The condition report produced from this inspection will then be used at the end of the tenancy to assess any damage. 

 

Property Management

Throughout the term of the agreement, the Fish2Let property management team will liaise directly with Brookland Customer Care to ensure that any maintenance issues that may arise are dealt with promptly, to ensure peace of mind.

 

 

Rental Payments

Under the terms of the tenancy, the annual rent will be 5% yield based on the purchase price, and this will be paid monthly in arrears. Rental payments will be paid direct to your bank account from the letting agent and a monthly statement will be sent to you.

 

Charges and Costs

Under the Rental Guarantee Scheme*, Fish2let will make no charge to you for the letting and management of your property or the preparation of inventories, check in reports or tenancy agreements. There are also no costs for deposit registration or administration. Service Charge and Ground Rent along with all other associated costs are paid by the landlord, just as it would be once the Rental Guarantee period ends.

 

Ask our specialist sales team for further details on +44 (0) 1530 417385 or email customerservice@brooklandgroup.co.uk

 

The Rental Guarantee Scheme* is provided by Fish2Let, and takes the form of a 12 or 24 month fixed tenancy with Fish2let (a copy of which is available on request) which will commence 14 days after the later of, completion of the purchase or installation of the full furnishing pack. Purchasers will be liable for utility and council tax charges between completion and the commencement of the rent guarantee. To qualify for the Rental Guarantee Scheme, any property purchase with the Rental Guarantee must be agreed by Brookland at the point of reservation and is subject to Brooklands terms and conditions.