Guaranteed Rent for UK Landlords — Leased to Government, Paid Every Month
Lease your property to a local authority, housing association or the Home Office for one to five years. Your rent is paid on the same date every month whether the property is occupied or not. RentPromise arranges the lease, handles the payments and manages everything in between.
RentPromise is the exclusive agent between private landlords and UK local authorities, housing associations and the Home Office. The lease is granted by the landlord directly to the government body. RentPromise acts for the landlord, manages the arrangement and handles rent payment for the full term.
Who You Lease To
Your Lease Is With a Government Body
When you let through RentPromise, the lease is granted by you directly to a local authority, housing association or the Home Office. You are not leasing to a private company and you are not relying on one to keep paying you. Your agreement is with a public body.
That distinction matters more than anything else on this page. Most guaranteed rent arrangements ask a landlord to trust that a private business will still be trading in five years. Here, the organisation that owes you the rent is the same organisation with a statutory duty to house the people living in your property.
Repairs and the condition of the property are the responsibility of the government body under the lease. RentPromise coordinates with them on your behalf, keeps you informed, and handles the rent payments so you receive one payment from one place on the same date every month.
How the Arrangement Works
Three Parties, One Simple Arrangement
Everyone has a defined role. Here is who does what.
You
You grant the lease and receive a fixed monthly rent for its full term. You keep ownership of the property throughout and take no part in day-to-day management.
The government body
A local authority, housing association or the Home Office holds the lease with you. It places and supports the occupants, and is responsible for repairs and the condition of the property.
RentPromise
We act for you. We match your property to a live requirement, broker the lease, handle the rent payments and manage the arrangement for its full term.
What You Get
Everyone has a defined role. Here is who does what.
Rent paid if vacant
Your rent arrives on the same date every month for the full term, whether the property is occupied or not.
A public body on the lease
Your agreement is with a local authority, housing association or the Home Office rather than a private company.
Repairs covered
Repairs and the condition of the property are the government body's responsibility under the lease, not yours.
Occupants placed for you
Occupants are selected and supported by the government body. You have no involvement and no direct relationship with them.
One point of contact
One agreement, one monthly payment, one team. No chasing councils, contractors or occupants.
One to five years
Choose the term that suits you. Your rent is fixed for the whole of it.
Who Is Responsible for What
Being clear about this upfront saves everyone time later.
The government body
- Repairs and maintenance
- Condition of the property
- Placing the occupants
- Supporting the occupants
- Any occupant issues
- Council tax and utilities during the lease
RentPromise
- Matching your property
- Brokering the lease
- Survey and valuation
- All paperwork
- Rent payments to you
- Managing the arrangement
- Single point of contact
You
- Ownership and title
- The building structure
- Buildings insurance
- Mortgage and ground rent
- Service charges on leasehold
- Certificates before the lease starts
- HMO licence where required
If something falls between the three columns, we will tell you where it sits before anything happens.
How It Works
Six steps from first contact to your first payment. The first three cost you nothing.
1
Organize Contacts Efficiently
Tell us the address, property type and number of bedrooms. It takes about two minutes and commits you to nothing.
2
Free survey and valuation
We visit the property, assess its condition and confirm what it will let for. There is no charge.
3
We match it and make you an offer
We match your property to a live requirement and come back with a written offer setting out the rent, the term, our fee and anything outstanding on the property.
4
The lease is signed
You sign the lease with the government body. We handle the paperwork and the inventory. Our £999 fee is payable at this point.
5
Keys handed over
We take the keys and complete the handover. The government body places the occupants.
6
You get paid
Your rent lands on the same date every month for the whole term, occupied or not.
Who Will Live in My Property?
Occupants are placed by the government body rather than found on the open market. They are people the local authority or the Home Office has a duty to house: families owed a statutory homelessness duty, women and children leaving domestic abuse, elderly people in housing need, and individuals accommodated under Home Office arrangements.
The government body places them, supports them and remains responsible for them throughout. You have no direct relationship with the occupants, you are not their landlord, and you are not the person they contact if something goes wrong. If an issue arises, the responsible body deals with it and we keep you informed.
Who It's For
Who We Work With
Whether you own one property or two hundred, the arrangement is the same.
Individual Landlords
One or two properties and no time to run them. Lease to a government body and stop managing.
Portfolio Landlords
Ten properties or more. Bulk onboarding, one point of contact and predictable income across the portfolio.
SPVs & Limited Companies
Your company grants the lease directly. Clean, predictable rental income and straightforward accounting.
Developers & Institutions
Guaranteed yield on completed schemes from day one. Bulk unit leases and a single point of contact.
First-Time & Accidental Landlords
Inherited a property, or moved in with a partner and kept the flat? You do not have to learn how to be a landlord.
Not listed? Get in touch and we will tell you what your property will let for.
Our Fees
What Our Service Costs
FAQ
Common Questions
Your lease is with a local authority, housing association or the Home Office, depending on which requirement your property is matched to. RentPromise is not a party to it. We act as your agent, arrange the lease between you and the government body, and manage the arrangement throughout its term.
Your rent is based on a survey and valuation of your property and is confirmed in writing before you commit to anything. It is a fixed figure for the full term, paid on the same date every month. The valuation is free and carries no obligation to proceed.
You are paid regardless. Your rent arrives on the same date every month for the full term of the lease, whether anyone is living in the property or not. Void periods between occupants are not your concern and do not affect what you receive.
Repairs and the condition of the property are the responsibility of the government body under the lease. You remain responsible for the things that come with ownership: the building structure, buildings insurance, and the statutory certificates required before the lease begins.
We charge £999 when the lease is signed, plus a monthly management fee quoted individually for your property and agreed in writing beforehand. That covers matching your property, brokering the lease, handling your rent payments and managing the arrangement throughout its term.
Yes. Most buy-to-let mortgages require your lender's consent before you lease to a local authority or government body, and your insurer will usually need to know as well. We will tell you exactly what is needed and when, and it is straightforward in most cases.
Find Out What Your Property Will Earn
Free survey and valuation. A written offer with no obligation. Tell us about your property and we will come back to you within 24 hours.
Or call us on (612) 123 - 4456 78 to talk it through first.
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