RENT GUARANTEE

WHO IS THE TENANT?

Impulse Professional Services becomes your tenant. We take on all contractual responsibilities, not just the payments of the Rent. For instance: should the person residing in the property refuse to vacate at the end of their contract or break the terms of the agreement, causing the need for legal action, all costs involved in Perusing such action will be met by us.

HOW DOES THE RENT GUARANTEE SCHEME WORK?

We offer you a fixed, guaranteed rent for your residential properties. For a fixed term, usually 2 years or longer. During this time we sublet the property, often to local Authorities or professionals and treat the property ‘as our own’.
In order for us to do this, the property must be licensed as HMO (house of multiple occupancy) and comply to all regulations. The rent is paid to you whether the Property is vacant or occupied and you can cease worrying about all the management related hassle for the entire term of the agreement.

IS MY PROPERTY SUITABLE?

Unlike others offering guaranteed rent, we will consider any property in a reasonable condition. We prefer properties that are already licensed as HMO’s. If a property is not licensed as an HMO, then we would require the property to be in a non article 4 area- for more information please get in touch.

WHAT RATE OF RENT DO YOU PAY?

We look at the market rate of your property and then deduct our margin. Often, we can see an angle for improvement on your property, this can allow us to increase the rent. This can give us the opportunity to offer you a competitive figure.