Renting your house to the council through a third-party company typically involves entering into a private arrangement with a company that specialises in managing properties for local councils. Through our Guaranteed Rent scheme, Elliot Leigh work as an intermediary between landlords and the council, providing a guaranteed rent service.
Steps to joining the guaranteed rent scheme
Guaranteed rent schemes are designed to provide landlords with a steady rental income and assurance that the property will be well-maintained by the council. Here are some general steps you may consider if you're interested in joining the Elliot Leigh Guaranteed Scheme to let your property to a local council:
Contact us: Get in touch with us to express your interest in our guaranteed rent service. One of our expert procurement officers will ask for information about your property, such as its location, size, type, vacancy, and any other relevant details.
Property inspection and assessment: We will arrange for a property inspection to determine your property's suitability for the guaranteed rent scheme. We will assess the property's condition, safety standards, and any necessary repairs or improvements. Bear in mind, Elliot Leigh have an in-house maintenance team who are on hand to help get your property to the right standard for a tenant to move in.
Agreement negotiation: If your property is suitable, we will discuss the terms of the agreement with you. This includes the guaranteed rental amount, the duration of the agreement, and the responsibilities of both parties.
Sign the agreement: If you are satisfied with the terms, we will wait for you to sign the agreement with us. Make sure you understand all the clauses and obligations outlined in the contract.
Hand over the property: Once the agreement is signed, you just need to hand over the keys! We will then take responsibility for managing the property on your behalf, and the local authority we have partnered with will find suitable tenants.
Receive guaranteed rent: With the property under Elliot Leigh's management, you will start receiving the guaranteed rental income as per the agreed-upon terms, regardless of whether the property is vacant or occupied.
Maintenance and inspections: We will conduct periodic inspections to ensure the property is well-maintained. We will also deal with tenants directly to handle any necessary repairs or maintenance during the tenancy.
20 years of Guaranteed Rent
Elliot Leigh is a well experienced Guaranteed Rent agency that serves as a vital link between councils and landlords, ensuring guaranteed rent for your property. With 20 years of expertise, we have established strong relationships with various local councils, earning their trust in providing a portfolio of top quality housing for their tenants. In return, these councils commit to maintaining the properties and offering you a hassle-free, long-term tenancy at a reasonable rental value.
Councils we work with
We maintain direct communication with the following London and Essex councils and eagerly look forward to assessing and discussing the potential suitability of your property for our guaranteed rent program:
Barnet
Brent
Bromley
Camden
Croydon
Ealing
Enfield
Greenwich
Hackney
Haringey
Harrow
Hounslow
Islington
Kensington & Chelsea
Lambeth
Lewisham
Merton
Newham
Redbridge
Sutton
Tower Hamlets
Waltham Forest
City of Westminster
Join us today and secure a reliable and stress-free rental experience for landlords.