Compare Ways to Let Your Property

There are several ways to let a property: through a letting agent, privately yourself, with a rent guarantee or insurance product, or on a government lease to a local authority. Each suits a different kind of landlord. This page sets them side by side so you can see which fits your property and how much certainty you want.

A government lease, which is what RentPromise arranges, trades a little on headline rent for a fixed income with no voids and no management. That suits many landlords and not all of them. The comparisons below are written to help you decide honestly, including where another route would serve you better.

A government lease is not the best route for every landlord, and it is worth being clear about that. If your priority is the highest possible headline rent and you are
willing to carry voids, chase arrears and manage tenants yourself, private letting or a good letting agent will usually get you a higher gross figure.

A government lease earns its place when you value certainty over the last few pounds of rent: a fixed sum every month for one to five years, paid whether the property is occupied or not, with management and day-to-day compliance handled for you. If that trade appeals, the comparisons above show how it stacks up against the alternatives.