020 3196 2595 info@rooms-24.co.uk

For landlords

Guaranteed Rent for Landlords

A fixed monthly payment, no management fees, and the running of the property handled end to end. One agreement, one point of contact, one date in the month.

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What guaranteed rent actually means

We take a lease on your property for an agreed term — usually between one and five years — and pay you a fixed rent every month for its duration. That payment does not depend on the property being occupied, and it does not depend on a tenant paying us. Occupancy risk, arrears risk and the cost of re-letting move from you to ROOMS 24.

In exchange, the monthly figure sits a little below what an open-market letting might achieve in a good year with no voids and no problems. Most landlords find the two are closer than they expect once commission, re-letting fees, renewal fees, void months and repair bills are taken out of the open-market number.

What you stop paying for

  • Letting and management commission. There is none. The figure we quote is the figure you receive.
  • Void periods. Once the agreement starts, an empty month is our problem, not a gap in your income.
  • Re-letting and renewal fees. Tenant changes happen inside our agreement and cost you nothing.
  • Day-to-day repairs. Maintenance and the cost of managing the property sit with us for the term.
  • Chasing. No arrears calls, no contractor scheduling, no inspection diary to keep.

Where the line falls

Structural work, buildings insurance, ground rent and service charges, and anything that is a freeholder or owner obligation stay with you. So does the property’s compliance status at handover — gas, electrical and fire safety certification has to be in place before an agreement can commence, and we will tell you plainly what is missing rather than start and argue later.

The agreement sets all of this out in writing before you sign. If a term is not in the document, it is not a term.

Properties we take

Houses and flats of one to five bedrooms across Greater London. Licensed HMOs, where the licence is correct and current. Blocks and portfolios, assessed as a whole rather than unit by unit — portfolio landlords get one agreement and one named contact across every property rather than a separate relationship for each.

If a property is tired, we will still look at it. Condition affects the figure, not our interest.

For landlords

Guaranteed rent without the day-to-day admin.

We lease suitable properties for an agreed term of one to five years and take on occupancy, inspections, repairs and management. You get a fixed payment on the same date each month and one professional relationship to deal with — not a queue of contractors, tenants and paperwork.

  • An agreed monthly rent, paid on a fixed date
  • No commission and no management fees deducted
  • Void periods and re-letting costs are ours, not yours
  • Planned inspections and coordinated maintenance
  • The property returned in its agreed condition
  • Portfolio, HMO and block enquiries welcomed

Discuss your property

Fixed rent Paid on the same date every month, occupied or not

How it works

From first conversation to managed property.

Four steps, and no obligation until terms are agreed in writing.

  1. 01

    Free valuation

    Tell us about the property. We assess its suitability and its position in the local market, usually within one working day.

  2. 02

    Offer in writing

    You receive a clear proposal: the monthly figure, the term, and exactly what we take on. Nothing verbal, nothing assumed.

  3. 03

    Compliance & handover

    Safety certificates, documentation and property standards are settled before the agreement commences.

  4. 04

    Rent paid monthly

    We run the property and the agreed rent arrives on schedule. You hear from us when it matters, not otherwise.

Start with a valuation

Questions

The questions landlords ask us most.

What is guaranteed rent?

We take a lease on your property for an agreed term and pay you a fixed rent every month for its duration. The payment does not depend on the property being occupied or on a tenant paying — that risk moves to us. In exchange, the monthly figure is set slightly below what an open-market letting might achieve in a good year.

How does the figure compare to letting on the open market?

Usually a little lower per month, and often higher over the term once you account for void periods, agency commission, re-letting fees, renewal fees and the repairs you would otherwise pay for. We will show you the comparison for your property rather than argue it in the abstract.

Who is responsible for repairs?

Day-to-day maintenance and the cost of managing the property sit with us for the term. Structural work, and anything that is the freeholder or owner obligation, remains with you — the agreement sets out exactly where the line falls before you sign.

What condition will the property be in at the end?

It is returned in the condition agreed at handover, fair wear and tear excepted. Condition is recorded in an inventory at the start, with photographs, so there is nothing to argue about at the end.

Do you take HMOs, blocks and portfolios?

Yes. HMOs need the correct licensing in place, and blocks are assessed as a whole rather than unit by unit. Portfolio landlords get one agreement and one point of contact across every property.

How quickly can it start?

A valuation within one working day, an offer in writing shortly after, and commencement once compliance documentation and handover are complete. For a property that is already certified and empty, that is usually a matter of days rather than weeks.

Your property should be earning every month, without the admin.

Free valuation. No obligation to proceed.

Request my free valuation Call us

Free valuation

Find out your guaranteed rent figure.

Send the details and a member of the ROOMS 24 team will come back to you with an indicative monthly figure and the management route that suits the property.

No obligation. We only use these details to respond to your enquiry.