Whether you've experienced problem tenants or are simply open minded, we can offer an option that you may not have come into contact with before.
If you don't know of company lets, we've put together some of the frequently asked questions to explain a bit more about how we at SeaBright Investments operate.
One bad apple spoils the bunch...
Under a standard AST contract, tenants have rights that protect them. Rightfully so. However, when a tenant isn't properly screened, or a relationship deteriorates, these same regulations put in place to protect the tenant can have an extremely detrimental impact to the landlord and their income.
When you lease your property to a company under the contracts that we use, it holds the tenant (SeaBright Estates) to alternative regulations. No 2 months rental arrears before proceedings can begin. With a company in place, we have 7 days to pay rent before you are able to serve notice. Within 21 days you will have your property back in your hands.
No void periods, your rent is paid on time and in full, regardless if there are people staying or not.
General maintenance and management as standard. To run a successful business for short term accommodation, the property must be looking fresh and maintained adequately. This means regular professional cleans and general maintenance covered at our expense (agreed upon by both parties during negotiations).
Subletting is illegal. Our business model is both legal, and with our specialist contracts, airtight. Drawn up by expert legal teams, our contracts allow our track record to speak for itself.
Tenants are who you would normally rent your property out to, they have tenants rights and under the wrong circumstances can be extremely difficult to deal with causing a number of potential problems.
Under an agreement with SeaBright Investments, there are no tenants. We place guests in the property. Their stay is paid upfront and not in arrears as you may be used to. Should they refuse to leave the police are able to force their removal. Illegal activities are not accepted under any circumstances and all of our properties are under surveillance to ensure behaviour remains honourable.
Think of this as another layer of protection for your asset.
All of our contracts allow a period of time (agreed to by both parties) to walk away from the deal. No hassle, you are then free to proceed as you wish.
Before any agreement is entered, we perform stringent checks on key performance indicators such as location, property type and rental prices.
Ultimately, there is no sure fire way to know that any one property will work under the business model without trial and error. However, we have full faith in our due diligence and the research undertaken before any proposal is made.
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