Tag Archives: Cardiff Letting Agent

Cardiff Landlords Does Your Tenant Pay The Rent on Time?

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Cardiff landlords does your tenant pay the rent on time?

As landlords and property managers we all know how infuriating it is when your tenant doesn’t pay the rent on time. The time consuming process begins: making phone calls, sending texts and emails which often go unanswered. The longer the calls, texts and emails go unanswered as landlords we become anxious and begin to doubt whether the tenant going to pay?

 What is the solution?

If you are a landlord with an investment property in Cardiff or other areas of South Wales, we can guarantee your rent is paid on the same day every month as we become your tenant. No more wasting time on the phone calling, texting or emailing your tenant chasing the rent. No more anxious waits and sleepless nights wondering if your rent is going to be paid.

At Rent Guarantee Cardiff we ensure you are paid on the same day every month with no void periods and no tenant hassle and best of all absolutely no set up fees or management fees!

Using Rent Guarantee Cardiff we guarantee to increase your rental income by at least 20% if you currently use a Cardiff letting agent to manage your buy to let investment property.

If you would like to discuss how Rent Guarantee Cardiff can provide a guaranteed rental income and ensure you never have to chase a late payment again, please complete the short contact form below:

Eliminating rent arrears caused by tenants using credit to pay the rent

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Eliminating rent arrears caused by tenants using credit to pay the rent

Research conducted by the Debt Advisory Centre has highlighted an alarming trend of UK adults borrowing money via credit cards and payday loans to pay their rent and mortgages. The survey found that 6.5% of adults have used some sort of credit or loan to pay the rent or their mortgage, what is even more worrying is the fact that this figure has double since August 2013.

The research also delves deeper as suggests that men are twice as likely as women to use credit to meet their rent or mortgage commitments and the figure rises to 10%, one in ten UK adults aged between 18 and 34.

Spokesman for Debt Advisory Centre Ian Williams said: “There is nothing more important than the roof over your head, so to learn that so many people feel they have to rely on credit to pay their mortgage or rent, and that this figure has risen, is extremely troubling.”

With credit card interest rates at around 30 per cent per annum and payday loan lenders charging thousands of per cent per year, it isn’t long before tenants relying on credit to pay their monthly rental commitments are able to pay and fall into arrears.

With the trend of tenants using lines of credit to pay the rent on the increase how can landlords across Cardiff and South Wales eliminate rent arrears?

An easy way is to contact Rent Guarantee Cardiff to discuss how we can guarantee your rental income ensuring the following:

  • You get paid your rent on the same day each month whether the tenant has paid or not
  • You receive your rent on the same day each month whether your property is tenanted or vacant

Rent Guarantee Cardiff is a specialist Cardiff Lettings Agency that provides all the same services as a traditional Lettings Agent but with no set up fees or management fees and we can pay up to 90% of the open market rent.

To discuss how Rent Guarantee Cardiff can offer you up to 90% open market rent and increase your rental income by at least 20% compared to a traditional Cardiff letting agent, complete the form below: