A guaranteed rent scheme involves a landlord entering into a contract with a third party that takes control of their property and becomes their tenant. The third party then pays a fixed rental payment to the landlord over a definite period, which is normally a percentage of the achievable rent. The recent growth of this scheme is driven by government regulations that are reducing buy-to-let landlords’ returns and increasing the risks associated with property ventures. Major changes include the Stamp Duty 3% surcharge, the loss of wear and tear allowance, and rising interest rates. These factors put stress on the housing market, especially for buy-to-let landlords, making guaranteed rent (otherwise known as rent to rent) increasingly popular in . There are several options for property agreements like this. Different structured arrangements include council schemes, insurance options, and schemes typically offered by letting agents. For instance, with a council guaranteed rent scheme, you would usually follow the local housing allowance rate for your district. This rate can vary from area to area and is designed to help families in difficult situations. Another option is a scheme with a letting agent, where the agent becomes your tenant. This can be particularly desirable if you have a reputable provider. If you have a property in and are interested in guaranteed rent, we can connect you with reliable providers who offer these services. Reach out today to learn more.