GUARENTEED RENT SCHEME

Guaranteed rent, every month.
No void periods.

Our Guaranteed Rent scheme is the perfect solution for landlords who want to let their property without any hassle. We offer guaranteed rent management, full property management and no void periods with flexible long-term contracts. With our services, you can rest assured that your rental income will be secure and reliable.

Learn More

Guaranteed rent, tailored towards your needs.

We are trusted by a host of London borough housing teams as reliable providers of safe accommodation for families seeking a place to call home. Whether you have a single apartment or house, or a large and expanding portfolio encompassing multiple properties, we are able to provide the right kind of service that is tailored towards your needs. We have an experienced and dedicated portfolio management team so we can work with clients who own larger portfolios or require block management services.

GET FREE VALUATION
BOOK A CALL

Why choose the Guaranteed Rent Scheme

1-5 year leases

Choose flexible lease terms ranging from 1 – 5 years.
How long? Your choice.

No voids

Whether your property is occupied or vacant, you get paid. No rent breaks, no rent stops, just an all year round rent guarantee.

Automated rent payments

Our automated systems pay you each month meaning no human errors. Rent paid on time, every time.

Why choose us?

 As a rent guarantee scheme provider we have established working relationships with a number of local authorities and social providers and we pride ourselves on the management and delivery of suitable accommodation.

100% Rent Guaranteed 

Your rent will be guaranteed for the duration of the agreement. Rent is paid on time, every time!

Full Management Service

We deal with all repair and non-repair related property management issues.

Monthly Property Inspections

Dedicated property manager to ensure it is maintained to the best standard.

No Void Periods 

Rent will be paid in full every month regardless of whether the property is tenanted or vacant.

Highest Rents Paid

Prosperty will achieve the best possible rental price for your property.

Free Property Inventory 

Detailed inventory report to confirm the condition of the property prior to agreement.

0% Commission & Long Leases

Let your property for an initial term of up to 5 years with zero commission or fees.

Fast & Reliable Payments

Your rent is paid on a set day of every month to your nominated bank account.

 
Dedicated Property Experts

We are a team of dedicated property experts trusted by dozens of landlords across the UK.

GET A FREE VALUATION

Find out how much rent you could achieve by completing the form below. A member of our team will contact you to arrange a free, no obligation Rent Guarantee appraisal of your property.

 

Why choose us over a letting agent?

It’s clear why so many landlords decide to ditch the traditional way of letting their property.

OUR SERVICE

No Agent Commission

No Landlord Setup Costs

No VAT

No lost rent due to voids

No lost rent due to arrears

No court costs

Rent 100% Guaranteed

LETTING AGENTS

15% Agent Commission

£200 – £750 landlord setup costs

20% VAT

Void periods at landlord expense

Rent arrears at landlord expense

Court costs at landlord expense

Net rent unpredictable

FAQ’s

What is the Guaranteed Rent Scheme?

Guaranteed Rent scheme involves you, the landlord, leasing your rental property to us for an agreed period of time. Once a lease agreement is signed, we will ensure that your rent is paid every month, on time, without any void periods, irrespective of whether there is a tenant in occupation or whether the tenant falls into arrears. This is a hands-off, low risk strategy to ensure returns on your property investments are maximised for a fixed duration of time.

 

How does the Guaranteed Rent Scheme work?

Prosperty Group effectively become your tenant, guaranteeing you a fixed rental income. We then sub-let the property, taking great care to select the right tenants and then manage the property throughout the full duration of the tenancy.

We’ll handle everything from all utilities including council tax to dealing with tenants. We will save you valuable time so you can carry on with your busy life while still receiving a fixed income. At the end of the scheme you will take back full ownership and responsibility of your property in its original condition.

How quickly can you rent my property?

We make a rent offer within 24 hours of our property inspection. We usually contract and make payment for your property within 7 days, but if your property meets our minimum standards then payment can be made much sooner.

What makes Prosperty Group different to other letting agencies?

We have established close working relations with council boroughs across London. This means we can ensure a consistent supply of quality tenants.

How much does Guaranteed Rent cost?

We deliver our Guaranteed Rent service with no fees or commission.

What properties are required for the Guaranteed Rent Scheme?

  • Flats, from studios to multi-bedroom apartments.
  • Houses up to five-bedrooms in size.
  • Houses of Multiple Occupation (HMOs).
  • Houses converted into self-contained flats.
  • Blocks of flats with three or more apartments.
  • Large or small property portfolios.
  • Properties in need of complete refurbishment.
  • Empty properties.

Do you offer a deposit? What assurances do I have that you will maintain the condition of my property?

Rather than pay a deposit on each property, we go the extra mile and offer significantly better assurances than a deposit alone.

Firstly, you must remember that if anything goes wrong with rent payments, the risk is totally ours. 

Secondly, we conduct regular and thorough inspections throughout the period of the tenancy, which ensures good property standards are always maintained.

Thirdly, we guarantee the property will be returned to you in the same condition it was at the start of the agreement, allowing for fair wear and tear. And lastly, we offer a £1000 indemnity per property in order to cover any work that may be required at the end of the agreement.

Are there any hidden charges?

We value integrity and transparency. The rent we offer is the net amount you will receive direct to your account on a monthly standing order. We earn our fees by charging our tenants directly. The good news for our landlords with property is that once the property is ready, we operate a zero-fee policy.

Who are your tenants and how many people will be living in my property?

We are trusted by a host of London borough housing teams as reliable providers of local authority tenants. In the first instance, we work with these teams, although we do also rent to private tenants in the local area. The properties we manage are always let to families, never multiple occupants, unless the property has a relevant HMO licence. Backed by our renowned quality benchmark promise, our service guarantees the utmost in regulatory compliance standards, courtesy of vigorous property assessments, all conducted by our specialist in-house team.

What are my responsibilities as a landlord?

You can be as involved as you want to be, but generally the whole point of signing up with Prosperty is to free up your time and ensure a maximum return on your investment with zero hassle.

Usually we would only need to contact you if we had a maintenance issue at the property, for example the boiler broke down or the roof had a leak. In such a scenario, we would invite you to arrange for the repairs, or alternatively we could take care of things for you, arranging a quotation for approval before any work goes ahead.

What if my property is in poor condition?

We are fully geared up to swiftly arrange for any necessary general repairs so that the property meets regulatory requirements and has all the necessary compliance certificates. Our new property checklist sets out all our requirements for the properties we take on.

How long are your tenancies?

We make small margins over a long period of time, which is why we normally contract for a minimum period of three years. We appreciate that some of our landlords with local property are looking for a longer-term contract so that their investment returns are guaranteed and secured over a longer duration. In this scenario, where possible, we would contract up to six years.

What areas do you cover?

Prosperty Group will let your property throughout London and the south east region, including: Barking & Dagenham, Barnet, Basildon, Bexley, Brent, Brentwood, Bromley, Camden, Croydon, Ealing, Enfield, Essex, Grays, Greenwich, Hackney, Hammersmith and Fulham, Haringey, Harrow, Hatfield, Havering, Hillingdon, Hounslow , Islington, Kensington & Chelsea, Kingston Upon Thames, Kent, Lambeth, Lewisham, Luton, Merton, Milton Keynes, Newham, Rainham, Redbridge, Richmond Upon Thames, Romford, Southwark, South London, St Albans, Sutton, Tower Hamlets, Waltham Forest, Wandsworth and Westminster

What other advantages can the Guaranteed Rental Scheme offer me?

  • We can Lease the property for 1-5 years.
  • Achieve market value rent on the property.
  • Pay you the rent on the same day every month, guaranteed.
  • Pay you even if the property is empty so non void period.
  • We take care of any evictions.
  • All damage and repair bills covered by us.
  • No commission or set-up fee charged or any hidden costs.
  • We choose and select suitable tenants we can trust.
  • Never worry about arrears.
  • Choose the dates you would like to be paid.
  • Fixed monthly payments for up to 5 years.
  • A fully-managed property service as part of the contract.
  • No extra charges or fees, even for evictions.
  • Peace of mind because you will be paid no matter what.
HASSLE FREE RENTING, ANY PROPERTY, ANY SIZE

Whether you’re a landlord, a letting agent or a local authority, we’re here to help.

FREE VALUATION
Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Spotify
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound
Cart Overview