No matter how hard you try, sometimes you cannot avoid issues with tenants, letting agents and regulatory bodies regarding the maintenance and upkeep of a property you have let out. It is time consuming and can be an expense you do not need, yet you have a responsibility which you have to account for. It is the price of being a landlord. However, there are a growing number of net guaranteed rental schemes which enable you to detach from these issues whilst ensuring that you do not suffer financially.

Guaranteed net, long lease letting schemes work in such a way that you never need have contact with any of the normal sources of inconvenience or costs associated with them. A specialised property company can take over your property and be responsible for organising tenants, collecting rent, providing maintenance services and, most important of all, paying you a guaranteed fixed sum every month - even when the property is vacant.
Although the net amount you receive may be less than the gross rent you would have collected previously, gone are all those expensive maintenance costs, the time it takes to organise repairs and safety checks, and all contact with your tenants. Therefore, not only may you be better off financially, but you will have more time on your hands and less stress in your life.

This completely hassle-free service is of particular benefit to people who find themselves as accidental or reluctant landlords, but can also be of value to landlords who have an extensive portfolio of rented accommodation. For this category of landlord, the best scenario is to approach a specialised long lease letting company offering your least cost-effective properties, in order that you can test drive the service and thereafter increase the volume of business you give them over a period of time - once they have proven to you that their service is as good as they claim it to be.

There are other areas too, where a net guaranteed rental scheme can be a blessing:-

* Where you constantly experience problems with late paying tenants.

* Where you retain a management company that creates more problems than it solves.

* Where your properties are in an area with a large itinerant workforce - often leaving voids in your tenancies.

* Where having so many properties creates such a headache for you, that you would rather leave some empty and lose the income, than have the hassle of filling and maintaining them.

Net guaranteed rental schemes are becoming an increasingly popular long term solution to the problems associated with long lease letting, and it is worth a few minutes of any landlords time to find out more about them.