How does the rent paid in advance work?

As a member of the rent paid in advance network, we use their proprietary Primary TenancyTM️ business model to pay you a year’s rent in advance, less our standard fees and charges. The rent is then collected monthly from the tenants in the property. Practically speaking and in other respects the rent paid in advance is similar to our conventional Full Management Service.

Assuming there is not already a tenant in residence, we will find you a quality tenant. Prior to move in we will ensure that the property is fully compliant and the tenant is professionally referenced and during the tenancy we will carry out all our normal duties as your managing agent. In the case of a new tenancy we will transfer your funds less our agreed fees once the tenant has moved in and paid their first months rent. If you already have a tenant we will transfer your funds once we have completed our checks, established a new 12 month tenancy and received the first months rent.