Advanced Rent Option

First Class Property Management Plus Guaranteed Full Market Rent, Paid a Year in Advance at no Extra Cost!

ARO™ is available for new and existing tenancies provided the property is compliant and the tenants
pass a professional referencing check.

The ARO™ is changing the way investors and landlords are looking at their investments and is a huge game changer for anyone with a buy to-let property. ARO™ offers Landlords the ultimate in terms of peace of mind, flexibility and financial freedom.

How it works

Insight Lettings become your Primary Tenant using our proprietary Primary Tenancy™ business model and pay you a year’s rent in advance, less our discounted rent and any other charges due to set up the tenancy. We then collect our rent monthly from the tenants in the property. Practically speaking and in other respects the ARO™ 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.

Landlord Rent Guarantee

The ARO™, like any conventional full Management service, is available with or without a rent guarantee. If you choose not to have the rent guarantee and our tenant does not pay us the full 12 months’ rent then you would be liable to repay the balance, or, we can collect it back from a new tenant at our discretion.

If you choose our Landlord Rent Guarantee and our tenant doesn’t pay their rent, you will not be liable to repay us the amount not collected, unless the tenant leaves the property mid tenancy and there is a void. In this event where the tenant leaves during the twelve-month contract, we would normally re-let your property with a new ARO™ for the new tenancy, minus the rent portion not paid back by the previous tenant on the original ARO™ tenancy.

Alternatively, if there is rent outstanding and you decide to go in another direction with your property, you will be liable to refund us the outstanding portion of advanced rent.

What costs are involved?
  • ARO™ full management rate costs the equivalent of 15%+vat
  • Optional landlord rent guarantee: 3.75% of the annual rent
  • Set up costs depend on your needs and usually cover safety certificates, licenses, admin,
    referencing, professional inventory and deposit registration.
 
 

If you are interested in the ARO™ please complete the form below and one of our advisers will be happy to help with your personalised illustration.

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