Guaranteed Rent

A Guaranteed Rent arrangement is intended to give an owner a defined rental payment on defined dates, in place of the variable income that comes from letting a property in the ordinary way. It is offered on a particular property rather than as a standing product, and what it covers is set by the agreement rather than by the name.

Dukes does not publish a figure, a term or an acceptance decision here. Those exist only in a written proposal for a specific property.

A management service

Dukes acts for you in letting and running the tenancy. The rent you receive is the rent the tenant pays, less whatever is agreed, and it varies with what actually happens.

A Guaranteed Rent arrangement

A separate written agreement about payments for the property. What is paid, when, and in which circumstances it can change are defined by that agreement rather than by what a tenant does in any given month.

Compare the management service options

Rent-protection insurance

A policy bought from an insurer. It pays out on a claim, subject to the policy's own terms, excesses and exclusions, and it is regulated as insurance.

A Guaranteed Rent arrangement

A contract with a party about payments for a property. There is no insurer, no claim and no policy: what you can rely on is what the agreement says, and who you can rely on is the party named in it.

Dukes does not sell insurance and does not advise on it. Speak to an insurer or a broker if insurance is what you are looking for.

Contracting party

Who exactly the agreement is with, and who is responsible under it.

Property eligibility

Which properties the arrangement can apply to, and any condition or type requirements.

Proposed rental payment

The payment figure the agreement offers for this property.

Payment date

The date each payment is due.

Start conditions

What has to be true or completed before payments begin.

Vacancy and arrears treatment

How the agreement treats a period with no occupier, and a period where money is owed.

Circumstances that pause or reduce payment

Every situation in which a payment can be suspended, reduced or withheld.

Deductions and additional costs

Anything that can be taken from a payment, and any cost charged separately.

Occupier arrangements and permitted use

Who may occupy the property, and what the property may be used for.

Repairs and maintenance

Who arranges repairs, who pays for them, and any spending limit.

Safety and compliance responsibilities

Which safety and compliance duties sit with whom. The legal duties of a landlord remain the owner's.

Inspections and access

How often the property is inspected, and how access is arranged.

Contract duration

How long the agreement runs for.

Break rights and ending

How either side can end the agreement, and what notice applies.

Property handback condition

The condition the property must be returned in, and how that is assessed.

• Who is the contracting party, and what happens if that party cannot pay?
• Exactly which circumstances allow a payment to be paused, reduced or withheld?
• What is deducted from a payment, and what is charged separately?
• Who may occupy the property, and can that change without my agreement?
• Who arranges and pays for repairs, and up to what value?
• Which safety and compliance duties am I still responsible for?
• How long does the agreement run, and how can either side end it?
• What condition must the property be handed back in?

"Guaranteed Rent" describes the intended payment arrangement, not an unconditional promise. The written agreement determines eligibility, payments, exclusions, responsibilities and ending rights. This page is general information, not legal or financial advice.