GUARANTEED RENT | Helping an Accidental Landlord in Buckhurst Hill, Essex

Client Background:

We recently assisted a family who owned a charming 3-bedroom house in Buckhurst Hill, Essex, a serene village-style location on the eastern edge of the Central Line. Due to work commitments, the family was relocating from London to Brighton but wished to retain their home in Buckhurst Hill for their eventual return.

Challenges:

The family wanted to rent out their property for a few years but were apprehensive about the increasing anti-landlord legislation, such as the removal of Section 21, which limits landlords' recourse if tenants stop paying rent.

Additionally, they were aware that, according to Urban Jungle, "across the UK, the average time to evict a tenant is 44.5 weeks." With a mortgage on the property, they could not afford such risks and needed a solution that ensured a secure and consistent income, hassle-free management, and guaranteed vacant possession at the end of the contract.

Our Solution:

Reality Properties provided a comprehensive solution through our Let it & Forget it service. We secured a central government-backed 5-year contract for the property. To ensure compliance with the latest building regulations required for any type of letting, we arranged minor upgrades to the house - all at no cost to the family, with no letting or management fees charged.

Outcome:

The family was thrilled with our solution, which met their needs for secure, consistent income and stress-free management, guaranteeing vacant possession at the end of the contract.

Get in Touch:

Discover how we can assist you with your property needs. Contact us today to discuss how we can help you too.

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