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We will pay you a fixed monthly rent for an agreed period of time (3 to 5 years). During this time, we will operate the property as Serviced Accommodation, where we provide short-term accommodation to paying guests. As we require the property to be kept in an immaculate condition, we will handle upkeep and ensure the property is kept very well maintained.
Make management and finders fees a thing of the past. Simply rent your property to us and pay no fees whatsoever, saving you £1000’s.
From our meticulous vetting process through to in-house smart sensors, we ensure that your property is protected and well looked after at all times.
From start to finish, we do all we can to ensure you are not hassled at all. We look after everything, from utility bills through to late-night call outs.
We set up a direct debit each month from the start. You will receive your pre-agreed rental payments, regardless of whether the property is occupied.
Our offer is simple; we will look after your property to an excellent standard, whilst providing you with a reliable and more profitable income stream.
From the onboarding process through to the ongoing rental period; Our mission is to ensure the entire process is completely hassle-free for you. Meaning no emergencies, no problem tenants and maintenance taken care of.
We’re required to keep the properties in an immaculate condition for our guests. Each house is professionally cleaned at least weekly, maintenance is addressed within hours and general decor is kept on top of year-round.
Developer
Landlady
As landlords ourselves, we understand that putting your property into our hands is a big decision. With truestays, you can rest assured knowing that you’ve made the right decision.
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This all depends on where the property is, as well as the condition and facilities available. We have a complicated formula that then works out what rent we can offer, but we won’t bore you with that!
Generally, our offers are +/- 10% of the standard market rate for your house. When you consider that your costs, fees and voids are next to nothing, the vast majority of landlords would always be better off with us.
Too many things in life are overly complicated, our guaranteed rent service is not one of them! All of the complicated steps are done for you, to provide you with a simple 3 step process for you.
Complete our online application form in just a couple of minutes. We will then arrange the viewing.
Within 24 hours of viewing, we will provide you with your offer. Take your time to decide or ask questions.
Should you accept the offer, we can generally start renting the house within 7 days notice.
Each property we look after is insured for up to £5,000,000 in repairs.
We have committed to over £1m in guaranteed rent to Partners.
Our easy online application will only take you a couple of minutes.
Through various schemes, we donate from our profits to plant trees.
We are proud of the work we do and how well we look after all of our guaranteed rented homes. Use the sliders to see just a few of our transformations.
Any repairs that are required because of the actions of ourselves or our guests will remain solely our responsibility.
While (as per a traditional tenancy) the owner will continue to remain responsible for the general maintenance of the property and the structure, as a gesture of goodwill we agree to cover costs of up to £250/year to try to make the whole process even more hands-free for owners. For example, if there is a boiler breakdown that costs £120, we would pay for this. We will arrange and manage the maintenance works and for anything that takes us over £250, we will contact you to discuss.
This is a difficult one to answer as there are a number of factors that go into calculating our rental offer. As a rule of thumb, we’re generally able to offer a monthly rent payment within +/- 15% of the standard market rate for your property. Even when the rent is slightly lower than standard market rate, you’d likely end up with more money in your pocket at the end of the month thanks to the cost saving benefits of this guaranteed rent scheme.
Towards the end of the contract, we will let you know if we would like to seek to extend the agreement. If both parties agree to renew, then we will discuss a new contract, or simply extend the existing one. Should the parties agree to go our separate ways, we will return the property to you in the same condition as when we took it on (taking in. to account fair wear & tear).
We specialise in providing high-quality short-term serviced accommodation to business clients and guests that are staying away from home.
Therefore we work with landlords on this guaranteed rent basis to be able to accommodate the growing demand from our clients. This is a time-intensive, specialist service, and because of this we are able to charge the guests a nightly rate that exceeds that of the rent payments and our costs. This is where we make our profit as we do not charge our guaranteed rent scheme landlords any fees at all. It’s a win-win for everybody involved. You get your pre-agreed rent each month without an hassle and your property well maintained and our clients get the high-quality accommodation that the are looking for.
Guaranteed rent is where landlords, developers & property investors are provided a pre-agreed rental income for a set period of time. The rent is not reliant on tenants and comes directly from the management company itself, regardless of the occupancy of the property. In our case, we guarantee the fair market rate and look for 5 year agreements.
Yes. We are looking for stable long-term partnerships of 2 to 5+ years with our landlords. If you believe that you may need the property back at some point, we can discuss adding break clauses at certain set intervals into the contract before signing.
Once the agreement has been signed, our finance team will create a standing order to your bank account that schedules the agreed rental instalments on-time each month until the end of the agreement. You will automatically receive the agreed level of rent each month, regardless of whether the property is occupied or not.
This is not something that you have to worry about You will receive your rent each month without fail even if the property is empty.
Fantastic! Yes we would be delighted to offer guaranteed rent on multiple properties/entire portfolios so long as they all fit our criteria. We have landlords that have made their entire portfolio hands-free using our guaranteed rent scheme.
We are interested in properties of all sizes, however we are particularly looking for 2 to 5 bedroom properties.
Properties must be in a decent condition for us to offer guaranteed rent on. If any minor decorative works are required, we can take care of this. If you are unsure, please apply and we will look into it for you.
We will pay you a fixed monthly rent for an agreed period of time (3 to 5 years). During this time, we will operate the property as Serviced Accommodation, where we provide short-term accommodation to paying guests. As we require the property to be kept in an immaculate condition, we will handle upkeep and ensure the property is kept very well maintained.
Fill out the form below, and we will be in touch shortly with estimates and more details about the service.