Guaranteed monthly rent. Every month. No exceptions.

Our Guaranteed Rent scheme gives landlords a fixed monthly income for the length of the contract whether the property is occupied or not, and whether the tenant pays on time or not. That's our problem, not yours.

HOW IT WORKS

The simplest landlord product we offer

Property Local takes on the tenancy of your property under a contract with a housing partner — typically a local authority, a supported housing provider or a transitional accommodation provider. From that point forward:

1.    We pay you a fixed monthly rent, on the same date, every month.

2.    We take responsibility for finding, referencing and managing the occupant.

3.    We handle day-to-day tenant issues and general upkeep.

4.    We hand the property back at the end of the contract in agreed condition.

You get the income of a let property without any of the operational work.

CONTRACT TYPES WE WORK WITH

Council contracts

Long-term leases with local authority housing partners, providing accommodation to families and individuals on the housing register.

Supported housing contracts

Contracts with providers who deliver housing plus support to vulnerable groups, funded through a mix of rent and support budgets.

Transitional / short-term contracts

Contracts covering temporary or emergency accommodation, typically shorter in duration but often at premium rates.

We'll advise on which contract type best fits your property based on location, size and condition.

WHY LANDLORDS CHOOSE GUARANTEED RENT

•     No voids — rent is paid even when the property is empty between occupants

•     No arrears — tenant payment issues are our problem, not yours

•     No management fees on top of the guaranteed rent

•     No tenant-finding fees

•     Predictable income for the length of the contract

•     Property returned in agreed condition at the end of the term

IS YOUR PROPERTY SUITABLE?

Most residential properties in good, safe, compliant condition are suitable. We look at:

•     Location and local demand

•     Property size and configuration

•     Condition and safety compliance

•     Any existing licensing requirements

The quickest way to find out is to request a valuation — we'll tell you honestly whether Guaranteed Rent is a fit and what monthly figure you could expect.

FAQ

What if my tenant stops paying?

You still get paid. Our contract is with the housing partner, not the individual occupant.

What if the property is empty?

You still get paid. Void periods are covered under the guarantee.

How long is the contract?

Typically one to five years, depending on the contract type and your preferences.

Can I sell during the contract?

Yes, we can discuss options, including selling with the contract in place through our auction partner.

Who handles repairs?

Day-to-day tenant maintenance is handled by us. Structural or major works remain the landlord's responsibility, as with any standard tenancy.