Kilostate Complete™ is our unique profit rent business model, which works alongside our conventional management service producing enhanced benefits for our landlords and tenants. Essentially Kilostate takes a lease over your property for a period of between 1 and 5 years and we then sub-let the property on an Assured Shorthold Tenancy.
Kilostate will guarantee the rent on your property, we will pay the agreed guaranteed rent to you regardless of whether a sub-tenant pays us or not, we will pay the agreed guaranteed rent to you. As the landlord, you will not need to take any additional cover to protect yourself from rent arrears as this is all covered by Kilostate, therefore saving you time, money and giving you peace of mind. Should there be any legal proceedings such as tenant disputes and tenant’s evictions, Kilostate will meet all legal expenses and all court costs. Kilostate as a company will guarantee your rent payment each month with no third party insurance involved so no claim forms to fill in or waiting for the insurance company to make a decision to pay the rent.
Features of Kilostate Complete™
- Rent paid even if your property is unoccupied
- Rent paid even if the sub-tenant fails to pay
- Rental payments, paid on time every-time to the landlord
- Regular property inspections to ensure the property is being maintained*
- Hassle free service for the landlord
*Additional costs involved