Welcome to Rooms Plus!
Guaranteed Rent, Zero Hassle – Peace of Mind for Landlords
About Us
At Rooms Plus Ltd, we specialize in Company Let Agreements with a focus on Houses of Multiple Occupancy (HMOs). Our goal is to provide landlords with a hands-off, stress-free way of managing their properties while offering guaranteed monthly rent.
What We Do
- Guaranteed Rent: Fixed payments every month, whether the rooms are occupied or not.
- Tenant Management: We house working professionals, including NHS staff, thoroughly vetted through a 3-strike reference check process.
- Compliance Expertise: We stay fully up to speed with the latest legislation, including the Rent Reform Bill and upcoming changes, ensuring your property remains compliant without any effort on your part.
- Bi-Weekly Cleaning: Regular cleaning of communal areas ensures properties are well-maintained.
Why Choose Us?
- Peace of Mind: Say goodbye to missed payments, void periods, and tenant issues.
- Long-Term Tenancies: Enjoy contracts of 3-5 years with guaranteed rent – or even longer if desired.
- Property Care: Regular inspections and updates ensure your property is well-maintained and protected.
- Improved Value: We can redecorate and furnish properties to attract working professionals, adding value to your asset.
How It Works
- We Become Your Tenant: You lease the entire property to us under a Company Let Agreement.
- We Rent Out Rooms: Rooms are rented on individual AST agreements to vetted professionals.
- You Relax: We manage all tenant-related issues, so you don’t have to.
Maintenance Responsibilities
We understand that every landlord’s situation is different. Here’s how maintenance works depending on whether you work through an agent or directly with us:
If Working Through an Agent
- Agent-Led Maintenance: The agent will continue to manage all day-to-day maintenance of the property, leveraging their trusted contractors for quick resolutions.
- Our Role: We keep the property well-maintained and handle minor tenant-level maintenance, like changing light bulbs or fixing small issues.
If Working Directly with the Landlord
- Landlord Responsibilities: You’ll handle major repairs such as plumbing, electrical, boiler, structure, and drainage.
- Our Role: We act as responsible tenants, managing minor maintenance tasks as needed. For landlords seeking a more passive approach, we’re happy to discuss additional options where we can assist further.
Long-Term Agreements with Flexibility
We offer 3-5 year contracts with guaranteed rent every month, tailored to suit your needs.
- Break Clauses and Rent Reviews: Agreements can include clauses aligned with mortgage renewal periods for added peace of mind.
- Even Longer Agreements: We’re happy to discuss extending contracts beyond five years.
- Fully Negotiable: Every aspect of the agreement can be adjusted to meet your goals.
FAQs
What types of properties do you manage?
We manage 4-8 bed HMOs with an up-to-date HMO license.
Will my property remain compliant?
Yes! We stay fully informed about the latest legislation, including the Rent Reform Bill, to ensure your property remains compliant at all times.
How soon can you take over management?
After a viewing, we aim to provide an offer within 24 hours. Contracts can be signed within 48 hours, and payments will start immediately after.
Contact Us Today
Transform your HMO property into a hands-off, income-generating asset with guaranteed monthly rent and no stress.
To schedule a free consultation, write to us at info@roomsplus.uk