Here are some of the frequently asked questions

1. What is a guaranteed rent service?
Answer: Our guaranteed rent service is a property where Lebern, a reputable service provider, guarantees a fixed rental income to the property owner, regardless of whether the property is occupied or not.

2. How does a guaranteed rent service by Lebern work?
Answer: In Lebern’s guaranteed rent service, the company pays the property owner a fixed amount of rent each month, usually for a fixed term. Lebern becomes responsible for finding tenants, collecting rent, and giving the property back in the same condition it was reported.

3. What are the benefits of guaranteed rent service?
Answer: The benefits of Lebern’s guaranteed rent service include a steady rental income, long term rental, no void periods, hassle-free property management. Lebern’s expertise and resources ensure reliable and consistent returns for property owners.

4. Is there a contract involved?
Answer: Yes, there is a contract or agreement that outlines the terms and conditions of Lebern’s guaranteed rent service. This agreement specifies the rental amount, duration, and responsibilities of both parties to ensure a transparent and mutually beneficial arrangement.

5.  Who is responsible for property maintenance in guaranteed rent service?
Answer:  Depending on the agreement, Lebern’s guaranteed rent service may cover basic maintenance and repairs, ensuring that the property remains in good condition. Major repairs or renovations, however, may still be the responsibility of the property owner via a lease agreement

6. Are all types of properties eligible for guaranteed rent service?
Answer: Lebern’s guaranteed rent service is available for most types of residential properties, including houses and flats. However, specific eligibility criteria may apply, and it’s best to consult with Lebern to determine if a property qualifies.

7. What happens if the property remains vacant for a period of time?
Answer: In Lebern’s guaranteed rent service, the company continues to pay the agreed rent even if the property is vacant. Lebern takes on the responsibility of finding new tenants promptly, ensuring minimal disruption to the property owner’s rental income.

8. Can I terminate guaranteed rent service before the agreed term?
Answer:  After 12 months you can send notice of early termination giving 6 months notice

9. Will I still receive rent if the tenant stops paying?
Answer:  Yes, in Lebern’s guaranteed rent service, the company assumes the risk of tenant non-payment. Even if a tenant fails to pay, Lebern ensures that the property owner continues to receive the agreed rental income without interruption as Lebern is your tenant.

10. Is the rental income guaranteed regardless of market conditions?
Answer: While the rental income in Lebern’s guaranteed rent service is assured, market conditions can still impact a property’s long-term value and potential for capital growth. However, property owners can rely on Lebern’s consistent rental payments regardless of market fluctuations.

11. What fees are involved in guaranteed rent service?
Answer: The fees associated with Lebern’s guaranteed rent service may vary. Property owners should carefully review the contract to understand any management fees, commission charges, or other costs involved in their specific agreement with Lebern.

12. Can I use Lebern’s guaranteed rent service for multiple properties?
Answer:  Yes

13. How is the rental income calculated guaranteed rent service?
Answer: The rental income in Lebern’s guaranteed rent service is determined through mutual agreement between the property owner and Lebern before signing the contract. The amount is typically fixed and paid on a monthly basis on a deal by deal basis.

14. Do I need to have a specific type of insurance for guaranteed rent service?
Answer: Buildings Insurance.

15. What happens if the property is damaged by the tenant?
Answer: As Lebern is your tenant if there is damage caused by the residing tenant LeBern we pay the costs to fix their damages

16. Can I still sell my property if it is under guaranteed rent service?
Answer: There is nothing stopping you selling your property.  Lebern has bought and sold many properties that were on their guaranteed rent service

17. Is Lebern’s guaranteed rent service suitable for short-term rentals or holiday lets?
Answer:  Lebern’s guaranteed rent service primarily focuses on long-term residential rentals. Short-term rentals and holiday lets may have different management arrangements, and it’s recommended to consult with Lebern or explore alternative options tailored to those specific needs.

18. Can I choose the tenants for my property in guaranteed rent service?
Answer:  In Lebern’s guaranteed rent service, the property management company is generally responsible for tenant selection. However, property owners can discuss any specific requirements or preferences with Lebern, who will strive to accommodate them to the best of their ability.  However Lebern is your tenant

19.How long does the agreement usually last?
Answer:  3+ years

20. Is this suitable for all property owners?
Answer: Yes if they are seeking long term fixed income