What is a HMO?
A House in Multiple Occupation (HMO) is a property that can be rented out by at least 3 tenants who are not from a single family, but share facilities such as the bathroom and kitchen. HMO landlords have specific legal obligations and licensing requirements to ensure the safety and well-being of tenants. These may vary depending on your location, so it’s crucial to familiarise yourself with the relevant regulations.
At Elliot Leigh, we offer a Guaranteed Rent Scheme designed to provide landlords with a hassle-free experience. This scheme ensures you get paid on the same day every month, regardless of tenant arrears or vacant periods. With over 20 years of experience, we eliminate the stress of late payments, rent shortfalls, and tenant issues.
HMO Guaranteed Rent Highlights
Consistent Income
Landlords receive a fixed monthly rental income, allowing for better financial planning.
No Loss From Voids
The rent is guaranteed even when the property is empty and the service provided can be tailor-made to suit your needs, including the length of the contract.
No furniture needed
We only require a fridge freezer and a cooker - no other furniture is needed.
24/7 Maintenance
We operate a 24/7 maintenance service to ensure our properties are well maintained.
Free refurbishments
During the contract we will complete free minor repairs & refresh the property each time a tenant moves out to ensure it’s ready for a new tenant to move into. T&Cs Apply
Dedicated Contact
You will be allocated a property manager and a property inspector who will be solely responsible for looking after you and your property.
Rent Comparison
Private Rent vs. Guaranteed Rent:
While the income from private rent might initially seem like a higher monthly figure, it often overlooks the hidden costs and potential losses. Void periods, tenant arrears, and unexpected maintenance expenses can significantly impact your overall returns.
The Elliot Leigh Guaranteed Rent scheme provides a fixed, predictable income, eliminating these risks and ensuring you receive the true value of your investment, every month.
Why Elliot Leigh?
Guaranteed Rent & High Rental Rates
For over 23 years we have worked in partnership with local authorities and housing associations. So not only are we able to achieve the best possible rent, but also the best possible service.
Maintenance Included
We have a number of in-house specialist contractors such as gas safe engineers and electricians to minimise landlord costs. Plus we have numerous multi trade operatives, painters and cleaners who are all qualified and experienced in their relevant field.
Extensive Experience and Reliability
With over 23 years of experience, Elliot Leigh is a trusted name in property management, having paid out over £500 million in market rent to landlords and managing over 1,800 properties
A Certified Company
We have been awarded IS9001:2015 / IS0 14001:2015 and are members of the Property Redress Scheme, ensuring that our service is regarded as excellent and continues to improve.
Useful HMO Resources
HMO Landlords: Start your Guaranteed Rent journey here
Please read before enquiring:
This scheme is for landlords only. Unfortunately we do not have any properties to let and are unable to help you if you are looking to rent.
