ICO ZB892725Property Redress PRS051867
Guaranteed rent in London
Guaranteed rent in London from VividSpaces is a fixed monthly rent, paid on the same date whether or not the property is occupied, by a company named on your lease.
Three to five year agreements · Company named on the lease · No management or letting fees · Paid in empty months too
Areas we cover in London
In south London we cover Sutton, Croydon, Kingston and the towns around them; in north London, Enfield, Edmonton, Southgate and Winchmore Hill. Each town below links to its own page with local detail.
Sutton, Cheam and Carshalton (SM)
Croydon, Purley and Norbury (CR, SE25, SW16)
Kingston, Surbiton and New Malden (KT1 to KT6, KT9)
Enfield (EN)
Edmonton, Southgate and Winchmore Hill (N)
South London areas · North London areas · Surrey, just outside London
If the property is empty, how are you still paying me?
The rent does not depend on who is living there. VividSpaces is the tenant on your lease, as a company let, so the obligation to pay you is ours for the whole three to five year term. Families come to us through local authority partnerships, and if the home is between families your rent is still paid on the agreed date.
Example rent
£1,900a month
The same figure, on the same date, twelve times a year
100% of rents have been paid on time, on the agreed date. You can check who you would be dealing with before you call: VividSpaces Ltd is on the ICO register (ZB892725) and a member of the Property Redress Scheme (PRS051867).
An example figure, not a quote and not an offer. It is the level of a current agreement, not a promise of £1,900 for your property. Every property is priced individually, at or above open-market rent, and your figure is agreed in writing after we have seen it.
Choosing a guaranteed rent company in London
Six questions to put to any provider, us included, with how to check each answer yourself.
- Who is named on the lease?
- Ask for a draft agreement early. If a company is named as the tenant, the obligation to pay you is that company's; look it up on Companies House.
- OursVividSpaces Ltd
- Can you find them on the public registers?
- Look the company up on the ICO register of data protection fee payers, and on the register of the redress scheme it belongs to (the Property Redress Scheme or The Property Ombudsman). Search by the membership number, not a logo on its website.
- OursICO ZB892725 and PRS PRS051867
- What date is the rent paid?
- It should be a fixed day each month, written into the agreement, and paid in empty months as well.
- OursThe same agreed date every month
- What is deducted from it?
- Ask whether management fees, letting fees, unpaid empty months or repair charges come off the figure. The number quoted should be the number that arrives.
- OursNothing
- How long is the agreement, and how does it end?
- Check the term, any break clause, and the condition the property must be returned in.
- OursThree to five years, returned as recorded at the start, fair wear and tear excepted
- Who handles repairs and compliance?
- Find out which repairs are theirs and which stay with you, and who arranges safety certificates and any property licence.
- OursDay-to-day repairs and compliance paperwork are ours; the structure, boiler and buildings insurance stay with you
Reviews
We have no published landlord reviews yet. If you would like to hear how it works from a landlord already letting to us, we can arrange a call with one before you sign anything.
Questions landlords ask
If yours is not here, ask us directly. We would rather answer it before you sign than after.
South London around Sutton, Croydon and Kingston, and north London around Enfield, Edmonton, Southgate and Winchmore Hill. If your property is close to one of the towns listed above but not in it, ask us anyway.
No. The figure is at or above open-market rent for the property. There are no management or letting fees to fund out of it, so the amount we agree is the amount that reaches your account.
Three to five years, as a company let with VividSpaces Ltd named on the lease. The rent is fixed for the term and paid on the same date every month, including any month the property is empty.
Families who need a settled, long-term home, referred and vetted through local authority partnerships. All contact with them goes through us.
Your mortgage and consent to let, buildings insurance, ground rent and any freeholder obligations, and the final say on major works. Day-to-day repairs, inspections and compliance paperwork are ours.
Typically 5 to 10 working days from agreed terms, once we have seen the property and you have the figure in writing.
Find out what your property would earn
Tell us the address. We look at the property and come back with a fixed monthly figure and the term we can offer on it, in writing, at no cost.
Before you call
You will not find landlord reviews on this site. We would rather show you nothing than show you something we invented. Ask us on the call and we will put you on the phone with a landlord we already work with, so you can ask them instead.
VividSpaces Ltd · ICO ZB892725 · Property Redress PRS051867