Box logo no lines

Brookdale Property Management

The largest letting agent in Peterborough - experience spanning four decades

Quality Property Management Only Begins With A Quality Tenant

Landlord
Log In
Landlords - Click here to access your on-line account

Rent Guarantee

>Existing Landlords Click Here To Guarantee Your Rent

 
  • The Difference
    • No loss of first month’s rent - I.e. no excess
    • No claim form to fill in
    • Immediate payment on due payment date even if the tenant is late paying/misses a payment
    • 100% financial security - no risk of missing a mortgage payment
    • We guarantee the rent - not a third party insurance company
    • Absolutely no compromise on tenant quality as WE are guaranteeing the rent

We pride ourselves at Brookdale for being different in many aspects including Tenant selection criteria, property management, marketing and a host of other things.

We are only able to offer a non-insurance based rental guarantee as our Tenant selection criteria (we believe) is second to none. However, even the best Tenants are prone to changes in financial circumstances especially in a recession.

Why Rent Guarantee?

Rent guarantee is almost essential in uncertain financial times.

Although our Tenant selection criteria is extremely stringent and we are known for selecting the best Tenants, things can still go wrong; redundancy, marital breakdown, illness etc.

Landlords can relax knowing that if we do not receive the rent from the Tenant or if the payment is late, their payment will be on time and the mortgage will be covered.

Most letting agents, when asked the question, “Do you offer a rent guarantee ?” answer “Yes”. The reality is that other agents actually sell you an insurance policy for which they earn commission - so a third party will be responsible for covering the rent in the event that the Tenant(s) does not pay which involves an excess, filling in claim forms and a delay in you receiving payment.

The way our scheme works is simple. It is a clearly worded contract which states that we will pay your rent on time whether the Tenant(s) pays us or not. The cost is 2% of the gross monthly rent and is added to your management charge. It is not insurance based.