Risk free bills inclusive package for landlords launches

Risk free bills inclusive package for landlords launches

Specialist student utilities and service provider, Glide, has announced that it has launched package which it claims will provide greater peace of mind to landlords and letting agents of shared households throughout the UK.

Inclusive rates have become increasingly popular among students over recent years; with almost three quarters (74%) saying that a rent package that includes utilities is an essential or important factor when choosing a property. In response, more and more landlords are offering inclusive rates, but in doing so they can run the risk of receiving a bill themselves at the end of the year for tenant excessive use.

Bills for excessive use are rare due to the intuitive nature of the Glide payment plan, however, to avoid completely and give landlords greater peace of mind, Glide has introduced Risk Free Bills Inclusive. With this new package, Glide takes complete control of the usage themselves to ensure tenants don’t exceed the terms of the agreement. In the rare event of over use, Glide will bill the tenants directly, omitting the need for landlords and letting agents to get involved and removing any uncertainty.  


Customers signing up to the new Glide Risk Free Bills Inclusive package will receive a monthly payment plan, based on their individual portfolio and circumstances. There is no charge to landlords or letting agents for excessive use, and as has always been the case, if less energy is used, the landlord will receive a cheque at the end of the year for the difference.

Richard Price, Director of Business Development at Glide said; “Landlords and letting agents are under increasing pressure to offer attractive deals to students looking for greater financial stability. However, in talking to our customers, we sometimes find nervousness to commit to inclusive rates for fear of over use, which can result in unwanted bills at the end of the year. We have years of experience in dealing with student properties and understanding usage habits, and as such we have 100% confidence in our billing plans. We’ve therefore decided to put our money where our mouth is, removing any risk for landlords and letting agents and taking on the responsibility for excessive use ourselves.”

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Latest Comments

MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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Landlady14
Landlady14 01 Mar 2017

You would think so Niraj Shah! My experience only proves that there are varying qualitiers of professional in all aspects of property letting. None of the ones I have dealt with, from letting agents to...

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Mark
Mark 01 Mar 2017

Thanks for this article. Hopefully one day everybody's lifestyle will be eco-sustainable.

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Ben Taylor
Ben Taylor 28 Feb 2017

I was convinced that London was the most expensive!

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Alan Read
Alan Read 28 Feb 2017

Australia are leading the way in this I think. The trouble with Britain is we don't get enough sun to make use of solar power.

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James Powell
James Powell 27 Feb 2017

This is a very good news.

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DanHumphreys
DanHumphreys 27 Feb 2017

It sounds like a good idea. Anything to help the younger generation get a foothold.

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Matt
Matt 20 Feb 2017

Is this fake news?

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Matthew Hollywood
Matthew Hollywood 07 Feb 2017

Matthew Hollywood - Director Mishon Mackay Land & New Homes - Brighton The shortage of New Homes is in part effected by the lack of land sales. Land sales are held back because there is a disparity between...

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CommercialTrust
CommercialTrust 30 Jan 2017

Hi Graham, Would be interesting to see the above figure calculated against an investment via a Lt Company /SPV structure and if the investor found themselves pushed in to the higher tax bracket. Mortgage...

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