Page 15 - Antler from Butler & Stag

ILLUSTRATION
A simple illustration based on a £1200 per month rent for
a new tenancy, including the optional Landlord Rent Guarantee (A fully managed property does require a maintenance float for emergency works):
Rent @ £1200 per month – 12 months rent = £14400.00 LESS Discounted rent (equivalent to standard fees): £2592.00
Set up fees for new tenancy (approx): £499.00
Landlord Rent Guarantee 3.75%: £540.00
Float for management: £450.00
NET PAYMENT AVAILABLE TO LANDLORD: £10,319.00 ILLUSTRATION ONLY
Landlord Rent Guarantee
The ARO, like Butler & Stag’s conventional Full Management Service, is available with or without a rent guarantee. If a landlord chooses not to have the rent guarantee and the residing tenant fails to pay the full 12 months’ rent, then they are liable to repay the balance or we can collect it back from the new tenant at our discretion.
If, however, a landlord chooses our Landlord Rent Guarantee and the residing tenant doesn’t pay their rent, they will not be liable to
repay us the amount not collected, unless the tenant leaves the property during the contract period. In this event we would normally re-let the 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 the landlord decides to go in another direction with their property, they must refund the portion of outstanding advanced rent.
Use our simple
Rent in Advance online calculator to find out the lump sum you could be entitled to...
butlerandstag.uk | 01992 667 666
What Landlords are saying:
Robert W
‘We decided to go for ARO as it gave us a lot more peace of mind to get our rent up front for the year rather than monthly.’
Lauren E
‘I used the cash from the ARO to pay off my credit card bill and cover some refurbishment costs on my new house.’
Chris H
‘I used the upfront money from the ARO as a deposit for my next buy to let property in Manchester.’
Emily A
‘When we heard about ARO we liked it but first we asked several agents if they did something similar and no one did, it really is a unique offer and so useful.’