Would you sign a contract with a company?

Landlord Discussion
1

This is what I received from a potential tenant (see below). Are there any of you who are doing it and are you happy?

My company, work with landlords and agents across London - we have 15 properties under a company let. We are not an agency so don’t take a penny from you.
We take properties on long term lets of 3-5 years and guarantee your rent, dealing with all maintenance through out the entire contract. We also have a cleaning team to do regular cleans.

We work with various client’s for example contractors, staff from care companies and our biggest client’s are insurance companies- whenever a family needs to be relocated due to works at there house, my company is contacted.

Essentially we get paid from our clients, and we have a massive demand in the area but just not enough supply, which is why i am expressing interest in your property

2

Avoid
Watch David smiths lecture on rent to rent
And definitely not with new reforms coming in

3

Thank you, I will do that

4

I watched the lecture, I hope I understood most of it. In essence, just Social landlords are the only remaining players that can easily get their property back…

5

The whole rent to rent market is fraught with problems and rarely a sensible move for landlords.

2 Likes
6

There have been numerous occurrences of these types of tenancies going wrong on documentaries such as slum landlords. I would avoid. I think the only time I’d consider it was if someone wanted to use my house for offering short term lets (Airbnb etc) but even then I’m not convinced it’s a good idea.

1 Like
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