Home Frequently Asked Questions
Frequently Asked Questions
Which areas do you cover?
We are based in North London and cover the whole of London within and around the M25
How does it all work?
We lease your property at a fixed monthly rate for up to 5 years. We then sub-let your property to the local authority and manage any property and tenant issues should they arise.
This leaves you free to get on with your life and enjoy your fixed guaranteed rental income each month. It really is that simple.
Why choose Assetgrove, there are other guaranteed rent companies?
Working with Assetgrove gives you access to our considerable property expertise, which is virtually unmatched in this sector.
We have been rent guarantee specialist since 1975. This gives us over 35 years of dedicated experience and acts as testament to our long-standing success and professionalism as rent guarantee specialists.
Throughout this time we have built an excellent reputation amongst landlords, property investors and local authorities alike. We have also developed a tremendous amount of knowledge and skill when it comes to managing your property.
Unlike many of our competitors we operate our own fleet ofmaintenance vehicles, all of which work full-time towards maintaining and improving our properties.
Our head office is based in North London and staffed with dedicated full-time property portfolio managers.
How is my rent value calculated?
We pay market rates based on the Local Housing Allowance and invoice the Local Authority separately.
Do you maintain the property?
During the term of our agreement we will maintain your property. If in the unlikely event that you wish to take your property back we will return it to you in the same condition that we took it on less fair wear & tear.
Who deals with rent arrears?
When you lease a property to Assetgrove there simply are no rent arrears for you to worry about. We guarantee to pay your rent each month on an agreed date.
This leaves you free to concentrate on the things in life that really matter.
Who deals with tenant issues?
We deal with all tenant issues associated with your property. Our staff are fully trained professionals and we have over 35 years of dedicated experience in this sector.
What are the benefits to me?
- Guaranteed rent for up to 5 years every month
- No loss of income or void periods
- No more telephone calls from tenants
- No more property maintenance
- No time lost with viewings and lettings
- No more legal ordeals, just guaranteed monthly income
Is this the same as guaranteed rent insurance?
Rent guarantee schemes have nothing to do with guaranteed rent insurance at all. It is completely different to the guaranteed rent insurance offered by other companies.
We lease your property, providing you with a fixed guaranteed rent for 52 weeks of the year.
There are no hidden charges, clauses or exclusions and nothing that can prevent your payments from reaching your bank account each month.
What if something breaks?
If an appliance breaks a member of our team will visit the property to assess the damage. We will then provide you with a quote for fixing or replacing the item and you can choose whether to proceed with the work or make alternative arrangements.
How will you keep me informed?
You will receive a dedicated Business Manager who will keep you informed of any important issues that may arise.
We also operate an open door policy and you are welcome to visit us whenever you wish.
Will I have a point of contact at Assetgrove?
Yes. Every landlord that leases a property to Assetgrove receives a dedicated business manager.
I’m interested, what do I do next?
To arrange for one of our business development team to visit you at your property, call us today on 020 8886 4944
If you think you have what it takes to join the Assetgrove team then we want to hear from you today
Click on the link below and send us your details and we will be in touch Join The Team