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What is the Advanced Rent Option (ARO)?

ARO is our normal quality full Management service with the additional benefit of including a years rent upfront. ARO is available for new and existing tenancies provided the property is compliant and the tenants pass a professional referencing check.

The ARO is changing the way investors and landlords are looking at their investments and is a huge game changer for anyone with a buy-to-let property. ARO offers Landlords the ultimate in terms of peace of mind, convenience and financial freedom.

 

How it works

As a member of the ARO network, we use their proprietary Primary Tenancy™️ business model to pay you a year’s rent in advance, less our standard fees and charges. The rent is then collected monthly from the tenants in the property. Practically speaking and in other respects, the ARO is similar to our conventional Full Management Service.

Assuming there is not already a tenant in residence, we will find you a quality tenant. Prior to move in we will ensure that the property is fully compliant and the tenant is professionally referenced and during the tenancy, we will carry out all our normal duties as your managing agent. In the case of a new tenancy, we will transfer your funds less our agreed fees once the tenant has moved in and paid their first month’s rent. If you already have a tenant we will transfer your funds once we have completed our checks, established a new 12-month tenancy, and received the first month’s rent.

“From a landlord’s perspective right now, we’re being faced with more taxes and more rules and the ARO is a real breath of fresh air, as you have a tool that actually is useful.

“You can take the cash quickly, apply it to your assets, increase capital and earn the money from the increased rent this month as opposed to waiting another 1 or 2 years. And if I want to buy in cash and I’m £20k/30k/40k short, this is a great way to top up really quickly.”

– Richard K, Multi-Property Landlord
If you are interested in the ARO please contact us and one of our advisers will be happy to help with your personalised illustration.