Northwood is the only national network which provides a Guaranteed Rent service which is not an insurance policy. Unlike insurance backed products, there is no excess and no limit provided the property remains habitable.
Additionally, our service includes cover for void periods whilst we seek a suitable tenant. Northwood effectively becomes your tenant and takes responsibility for all compliance and rental payments. We know of no other company which has the necessary and comprehensive Professional Indemnity insurance cover to perform this service.
Northwood is extremely careful to the ensure that the right tenant is found as we are responsible for the performance of their obligations.
Some small independent agents offer a ‘rent to rent’ scheme but simply do not have the financial resources or experience to match Northwood and are unlikely to have had the correct compliance in place.
Northwood has been providing guaranteed rent since 1995 and is widely acknowledged as the largest providers of this specialist service. The Property Ombudsman, Landlord Action, Deposit Protection Service, My Deposits, and TDS understand that we are the leading specialist in this field and we regularly provide expert advice to these organisations simply because no other company can match our experience with 87 offices guaranteeing nearly £100 million of rent to our landlords.