Rent guarantee schemes, also known as “rent-to-rent”, might sound great to landlords in theory – especially those who want little-to-no involvement in the running of their property portfolios.
Legra Homes was named as the only agent excluded from The Property Ombudsman (TPO) between January and March after failing to pay a compensatory award. The sales agent, which is located in Southend-on-Sea in Essex, was excluded after a potential buyer complained that there was a substantial delay in their commitment