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SarahBell

Interesting Rent Offer

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FREE RENT GUARANTEE FOR NEW LANDLORDS

Our FREE rent guarantee is designed to protect your investment by ensuring the rent is paid even if your tennant goes into arrears covering up to 5 rental payments on a 6 month policy.

http://www.edwardmellor.co.uk/

They also have "We no longer accept cash deposits at our auctions. A banker’s draft or building society cheque will be acceptable, made out

for 10% of your maximum bid."

on their auction notes

Edited by SarahBell

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FREE RENT GUARANTEE FOR NEW LANDLORDS

Our FREE rent guarantee is designed to protect your investment by ensuring the rent is paid even if your tennant goes into arrears covering up to 5 rental payments on a 6 month policy.

http://www.edwardmellor.co.uk/

I guess credit check + insurance

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How does it work?

Well, since they can't even spell 'tenant' correctly, I imagine it won't work very well at all.

@ssclowns.

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It's just an insurance policy. It only works if the agreement is of fixed term, which is why we often get the thumb screws to not go onto statuary periodic.

Now I come to think of it, i'd like to see how the landlord proves they haven't been paid any rent!

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They also have "We no longer accept cash deposits at our auctions. A banker’s draft or building society cheque will be acceptable, made out

for 10% of your maximum bid."

on their auction notes

Excuse my naivety but when I've wanted something similar from a bank I've been quoted a price to draw up a draft/cheque. So my understading there is that you have to pay for a draft/cheque you may not even use before you even get to the auction where you may or may not win whatever property you want to bid on. WTF?

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  • 153 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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