We effectively become your tenant through a management agreement. Under this agreement we guarantee you a fixed rental income regardless of whether the property is empty or the tenant stops paying. We then let the property out on a room by room basis, taking great care to select the right kind of tenants. If they [...]
Goldsmith Property is owned and managed by Ben and Zina Goldsmith. We have been landlords for over 15 years, and after working and travelling abroad for many years returned to the UK in 2013 to focus on property investment full time. Over the following couple of years we built a portfolio of 21 properties and [...]
The benefits to you are quite simple, you never have another rental void period for the duration of our agreement and you do not have to deal with any tenant issues. This means that your property provides hands-free income and you can spend time focusing on other priorities knowing that we are dealing with the [...]
The short answer to this question is that it does not matter to you, you still get the rent we have guaranteed you. It is our responsibility to find tenants, and if we do not then we take the financial burden of not doing so.
We like to agree to between 3 and 5 year guaranteed rent agreements, but we can start with as little as 12 months in order to build trust between us. On the longer agreements we can also insert a break clause in case circumstances change.
Your rent will be paid directly into your bank monthly by standing order. No management fees are payable, so you receive all of this guaranteed rent.
As part of our guaranteed rent agreement, we take on the responsibility for all of the utility bills associated with the property. This means that we pay for council tax, gas, water, electricity, TV license and internet connection. You no longer have to deal with these utility companies !
HMOs (shared houses) are subject to higher standards of fire and safety regulations than normal rental properties. We will make sure that the property meets all of the regulatory requirements, and arrange for the Council to attend and sign off on the property if necessary.
When we come to look at your property we will identify any safety and finishing upgrades that are required to make the property as attractive to tenants as possible and meet the relevant regulations. Obviously all upgrades to the property will be discussed and agreed with you. In some cases we have jointly paid for [...]
In order to make our management of your property as hands-free as possible and ensure that you receive your guaranteed rent we will agree to cover minor maintenance costs in the property. This means that any repair costing £100 or less will be covered by Goldsmith Property. More expensive maintenance and repair issues will remain [...]