Guaranteed rent for landlords in Wales
We lease your property and pay the agreed rent, including when it is empty or the occupier does not pay. The lease sets out the terms and exclusions. You can step back from the day-to-day work covered by the lease.
How guaranteed rent works
You agree a rent for your property under a lease. The lease sets out when it is paid and the conditions that apply. The agreed rent continues during empty periods and occupier non-payment, subject to the lease exclusions.
We take on the day-to-day responsibilities set out in the lease. You know the rental commitment and the work each party is responsible for before the arrangement starts.
When a lease may suit your property
A lease may suit you if you want an agreed rent and less involvement in the daily running of your property. You may have an empty home, an arrangement that is ending or a property that takes more time than you want to give it.
We are based in Swansea and work with landlords across Wales. Tell us about the property and what you want to change. We assess its suitability before making a lease offer.
From first call to property handover
- Send the property details. Include the postcode, property type, number of bedrooms and whether it is occupied. Tell us when it could become available.
- Discuss the current position. Explain any repairs, existing agreements or restrictions that could affect a lease. We review the information and agree any further assessment needed.
- Review the lease offer. We set out the proposed rent, terms, responsibilities and any work required before the arrangement starts.
- Agree the lease and handover. Confirm the start date, access, keys and the property's recorded condition before the lease begins.
What you agree before signing
The written offer and lease explain the arrangement for your property. They cover:
- The agreed rent, payment dates and the terms and exclusions that apply.
- The lease term, any break provisions and how the property is returned.
- The permitted use of the property and any permissions needed.
- Responsibility for repairs, maintenance and other property costs.
- Any fees, charges or work required before the lease starts.
- Access, inspections and the responsibilities that remain with you.
Your lease agreement is with TIFA Life Ltd. TIFA Property is part of TIFA Group.
If the property needs work
We provide rubbish clearance, repairs and cleaning. Our void turnaround service combines that work into one order, with one invoice.
The work, price and completion arrangements are agreed before it starts. The lease offer makes clear how any preparation work relates to the rental arrangement.
How this differs from full management
Guaranteed rent is a lease with an agreed rental commitment. Full management involves assessing a suitable use for your property and managing the agreed arrangement, with the aim of improving your income after costs.
If you want us to assess the earning potential of your property and take over its daily management, read about full management. We can discuss both options before you decide.
Questions from landlords
Does the rent continue when the property is empty?
Yes. We pay the agreed rent when the property is empty or the occupier does not pay, subject to the lease terms and exclusions. Those terms are set out before you sign.
Is this rent guarantee insurance?
This is a property lease, not an insurance policy. The commitment to pay your agreed rent comes from the lease. Its terms and exclusions explain how that commitment applies.
Who pays for repairs and other costs?
The lease sets out the repair responsibilities and who pays other property costs. The offer also explains how any work needed before the lease starts is handled. You can review the responsibilities and costs before deciding whether to proceed.
What happens at the end of the lease?
The lease sets out the end date, any break provisions and the obligations for returning the property. We agree those terms before the lease starts, including the required condition at handback.
Discuss a lease for your property
Tell us the postcode, whether the property is occupied and when it may become available. Explain what you want to change about your current arrangement.