After a successful pilot in the South East, The Advanced Rent Option (ARO) has launched its national rollout. The ARO offers Build to Rent landlords a year’s rent up-front, including a premium full management service for a similar price to that charged by many managing agents for standard full management.
“This project has been two years in the pilot stage, and it has proven to bring huge benefits to landlords, offering peace of mind, flexibility and freedom. It has also provided an invaluable marketing and prospecting edge for selected managing agents.”Simon Shinerock, Founder, Advanced Rent Options Ltd
ARO provides security and peace of mind for the Build to Rent industry at a time where both these commodities are in high demand and diminishing supply. The company offers Build to Rent landlords the option of receiving up to a year’s rent in advance – even when residents pay monthly.
Landlords can take their upfront rent at the beginning of a tenancy provided their property is compliant and residents pass referencing – or at any time during an existing tenancy, subject to a new one-year agreement.
“ARO is ideal for landlords who understand its value and how to use it to accelerate their growth and achieve financial freedom. Though ARO is primarily aimed at smaller landlords, we are keen to build relationships and support a small number of Build to Rent operators, depending on size and can offer local exclusivity arrangements to the right partner.”Simon Shinerock, Founder, Advanced Rent Options Ltd