Guaranteed rent property management, also known as fixed rent for residential properties, means that we pay you guaranteed rent each month whether your Nottingham property is occupied or vacant.

In a nutshell, Guaranteed Rent = Hassle-Free Letting. We offer landlords a fixed secure rental income every month and the landlords don’t need to deal with any of the property letting and management-related hassles!

The best part is that you receive a fixed monthly payment into your bank account regardless of whether your property is ‘let’ or ‘vacant’. We will also manage every aspect of the property.

There are absolutely no fees, commissions or hidden extras to pay.

The key difference between Guaranteed Rent and more traditional letting services is that it is a contractual agreement between us and you (the landlord) in which we, effectively, become your corporate tenant.

It is a very simple 3 step process:

• Step 1 – Book a free valuation appointment with us.

• Step 2 – We agree on a monthly guaranteed rent you are happy with and sign the contract.

• Step 3 – Once the contract is signed, we promise to start paying you the rent the next day or a specified date.

We then start selecting the right kind of tenants (most of our tenants are working young professionals) to let out the property. It’s very important for us to source good tenants because if they stop paying or damage the property, we would take the financial hit rather than you. So you as our client can enjoy long-term guaranteed rental income with minimum hassle.

If you are looking for a super-efficient guaranteed rent property management service with your local Nottingham lettings specialist, then look no further! We genuinely care about you and your interests as a landlord, your tenants, and your property.

A guaranteed rent service is ideal for a landlord who wants minimal hassle and long-term guaranteed rental income. If you have any questions about our guaranteed rent property management services for landlords and property owners in Nottingham, don’t hesitate to get in touch with our team today!

Benefits of our Guaranteed Rent property management service include:

• Guaranteed rent at market rate

• Rent paid even if property is empty

• Up to 3 months’ rent in advance

• Fully managed service

• Free minor repairs and renovation

• Free gas safety check

• No commission

• No hidden fees

• No voids

Certainly, landlords can transition from traditional tenancy agreements to guaranteed rent schemes. However, it’s essential to thoroughly review the terms of the existing tenancy agreement, including notice periods and tenant rights, before making the switch.

Effective communication with existing tenants and compliance with legal requirements are crucial during this transition to ensure a smooth process.

We ensure the landlord is compliant with the numerous landlord obligations and legislative requirements to let a property including:

• Gas safety regulations

• Electrical safety regulations

• Energy performance certificate regulations

• Right to rent checks

• Tenancy deposit protection

• Tenant fees act 2019

• Smoke and Carbon monoxide regulations

• Selective / HMO licencing

• Landlord and Tenant act 1985

• Housing and planning act 2016

• Housing Act 2004

• Homes (fitness for human habitation act) 2018

Kanade Living manages damages caused by tenants in guaranteed rent schemes.

We utilise the security deposit retained from the tenant to address repair costs. If the damages surpass the deposit amount, we absorb the extra expenses or utilise the insurance policies in place to handle such scenarios, ensuring landlord is not financially impacted by tenant-induced damages.

Kanade Living oversees tenant selection, we actively search for suitable tenants, conduct comprehensive background checks, and ensure that the selected tenants meet the necessary criteria.

This approach reduces the risk of problematic tenants, ensuring reliable and responsible occupants of the propertey

Yes, you will be paid within 24 hours of signing the lease or an agreed specified date, and then every month in advance from then on.

No. We do not require properties to be furnished. If you do want to leave some furniture we’ll have to make sure it meets health and safety requirements and complies with fire safety regulations. Furnishings must also be clean, well maintained and in good condition.

Your property has to be in a good state of repair and ready to move into. We will carry out some minor maintenance and cosmetic work if necessary to bring it up to standard. The key point is that the property meets health and safety requirements and complies with fire safety regulations.

We look at the size and location of the property and make a decision based on current market rates.

We pay your rent direct into your bank account via Direct Debits on an agreed date every. month.