We are living in uncertain times with the cost of living climbing on a daily basis, putting pressure on lower income tenants to meet their bills.
In addition, a new study, commissioned by workplace experts Acas and carried out by YouGov, shows that nearly 1 in 5 businesses based in Scotland are likely to make redundancies in the next 12 months.
Potential financial losses due to non-payment of rent by tenants has shown to be the foremost concern of residential landlords. Property experts estimate that Landlords seeking to evict tenants for non-payment of rent and who do not have rent and legal cover could lose in excess of £10,000 in lost rent and legal fees.
To mitigate this potential loss, we are now able to provide Rent Guarantee on your property mid- tenancy for tenants with 3-months of on-time payment history as well as for new tenancies.
Why not give yourself piece of mind in knowing that whatever the economic climate may bring, you can rest assured that your rental income is covered.
Call us today on 0141 222 2211 to find out the full details of what’s covered in our Rent Guarantee service and how to sign up.