News Details

Just Property Group revolutionises the rental prop

The Just Property Group is changing the property market by introducing two new interlinked products designed to assist landlords and tenants like never before.
Imagine, in these tough economical times, having a rental product that guarantees a landlord’s rental against defaulting tenants?
And which simultaneously requires a tenant to pay only a 35% deposit?
It sounds unbelievable, but these are exactly the offerings made by the Just Property Group – intended to deliver the best service to both landlords and tenants.
“I am thrilled that this vision has finally come to fruition,” said John Roberts, CEO of the Just Property Group.

Landlords! Rentsecure!
“A product of Just Finance, Rentsecure is our rental guarantee to landlords, whereby a landlord’s rental is guaranteed against a defaulting tenant. If a tenant defaults, the landlord will still be paid his monthly rental until the tenant is evicted,” explained Roberts.
Thereafter, Just Letting will endeavour to replace the tenant.
According to Roberts, even the legal fees for the eviction process will be paid on behalf of the landlord – up to a total of R200 000. On top of all this, an additional amount of up to 35% of the monthly rental will be paid to the landlord to repair any damages, should there be any.
Rentsecure also provides a high level of scrutiny in the vetting process to guarantee accurate creditworthiness of potential tenants.
“We are really taking care of the landlord’s needs,” said Roberts.

Tenants! Depositsaver!
In the current economic climate, not many potential tenants can afford to raise a full month’s rent as a deposit, especially if they are still waiting for a previous deposit to be refunded.
With this in mind, Depositsaver requires the tenant to pay only a 35% deposit on a rental property.
On termination of the lease, the tenant will be refunded his 35% as well as the interest he has earned on this amount, provided there are no damages claimed by the landlord.
In addition, The Just Property Group has secured preferential rates on furniture removals as well as short term insurance to assist the tenant even further.
“We are really doing our best to ensure that landlords and tenants are helped as much as possible in leasing and renting properties,” said Roberts.
To contact a branch near you, visit our state-of-the-art website on www.justletting.co.za, and to find out more about the product visit www.justfinance.co.za.

Author / Publication: Just Property Group
Date Added: 27 May 2009