Guaranteed rent in New Malden
Guaranteed rent in New Malden puts VividSpaces on your lease for three to five years, paying one fixed rent every month with no management fees and no void months.
No fees, no void months · KT3, KT4, KT2 covered · Three to five year agreements
Letting agent with a New Malden property? See how we work with agents
Guaranteed rent for landlords in New Malden
New Malden is a KT3 suburb in the Royal Borough of Kingston upon Thames, built mostly between the wars around a High Street now known for its Korean restaurants and shops. The housing is largely semis and terraces on quiet residential roads.
VividSpaces leases New Malden homes for three to five years as a company let. We agree the rent in writing before you sign, at or above what the home would fetch on the open market, and pay it on the same date each month for the whole term. Occupants, inspections and repairs are managed by us.
What New Malden landlords get
- Semis, terraces and flats across KT3 considered
- The agreed rent arrives on the same date, occupied or empty
- We check whether your street is in Kingston or Merton
- We hold the lease and handle every occupant matter
Next door in KT4
New Malden and Worcester Park sit side by side across the KT3 and KT4 border, and we take homes in both. If your property is on the Worcester Park side, see guaranteed rent in Worcester Park; the terms are the same.
Royal Borough of Kingston upon Thames, September 2026
What does a rental property in New Malden earn?
The Office for National Statistics puts the average private rent in the Royal Borough of Kingston upon Thames at £1,821 a month, against £2,338 across London as a whole.
| Home size | Average rent a month |
|---|---|
| One bedroom | £1,386 |
| Two bedrooms | £1,765 |
| Three bedrooms | £2,167 |
| Four or more bedrooms | £2,852 |
Source: ONS, Housing prices in Kingston upon Thames, September 2026.
These are borough averages, not an offer. The figure we pay for your New Malden home is set after we have seen it, at or above what it would fetch on the open market, and it is fixed in writing for the term of the lease.
You keep the whole amount. There is no management fee, no letting fee, and no empty month taken out of it.
Do you need a licence to let a property in New Malden?
For a family let, generally not. Kingston's landlord pages tie licensing to shared houses, known as houses in multiple occupation (HMOs).
What applies, and to whom
- Kingston states that a licence is needed where five or more people, forming two or more households, share facilities.
- Kingston's page does not set out fees or any other scheme. For those, check with Kingston's licensing team, the Residential Enforcement team on 020 8547 5000.
- A few streets on the Motspur Park side of KT3 are in the London Borough of Merton rather than Kingston. For those, check with Merton's licensing team.
- We let each home to one small family, with VividSpaces named on the lease, and confirm which borough covers your address, and the position there, before you sign.
Source: Royal Borough of Kingston upon Thames, property licensing. Schemes change, so confirm the current position with Royal Borough of Kingston upon Thames before you let.
What a year of rent looks like for a New Malden landlord
Take a home that would let for £1,900* a month on the open market. Let the usual way, a normal year brings a management fee every month, a tenancy that ends, two empty months, a re-let fee, a repair bill and a late payment. Under a VividSpaces lease the same home pays £1,900* on the same date, twelve times.
| Let the usual wayfees, two empty months, a re-let fee, a repair, one late payment | £16,210 |
|---|---|
| Under a VividSpaces leasetwelve identical payments, on the agreed date | £22,800 |
| Difference over the year | £6,590 |
Since we started, 100% of rents have been paid on time. You can check who you are dealing with before you speak to us: VividSpaces Ltd is on the ICO register (ZB892725), a member of the Property Redress Scheme (PRS051867) and registered at Companies House (16100586).
* Illustration only, not a quote and not an offer. Assumes open-market rent £1,900/month, 10% management fee, two void months, £550 re-let fee, £340 repair bill, one late payment. The rent for your New Malden property is agreed in writing after we have seen it, before you sign anything.
If the property is empty, how are you still paying me?
Because the rent does not depend on who is living there. VividSpaces is the tenant on your lease, which is a company let, so the obligation to pay you is ours for the whole term, whether the home is occupied or between families.
Local authorities
Refer families who need a settled, long-term home and vet them before referral.
VividSpaces
Holds a three to five year lease with our company named on it, and places the family.
You
Paid a fixed rent on the same date every month for the whole term, agreed in writing before you sign.
The New Malden rental market
Families come for the short trip into Waterloo, and New Malden is also home to one of the largest Korean communities in Europe, centred on the High Street. Most of the housing dates from the 1920s and 1930s, so semis and terraces with gardens dominate, with flats closer to the station. Malden Manor and Motspur Park, at the southern end of KT3, add more family streets.
Homes we take on here
Three bedroom inter-war semis and terraces on the residential roads either side of the High Street, flats near the station and above the shops, and family houses towards Malden Manor and Motspur Park.
New Malden station has South Western Railway trains to London Waterloo in around 20 minutes. Malden Manor and Motspur Park stations serve the south of KT3, and the A3 Kingston bypass cuts through the town.
Neighbourhoods we cover: New Malden High Street, Malden Manor, Motspur Park, Coombe Road, Kingston Road, Old Malden border.
Postcodes we cover
- KT3
- New Malden, Malden Manor, Motspur Park
- KT4
- Worcester Park, Old Malden Worcester Park page →
- KT2
- Coombe, Kingston Hill Coombe page →
Areas near New Malden we also cover
Each has its own page, on the same terms and the same fixed monthly figure.
From first call to first payment
Four steps. Not sure whether your New Malden property qualifies? Ask us, it takes a minute.
Day one
We view the New Malden property
We look at the home, confirm what it would let for, and put in writing what we will pay and for how long. No charge and no obligation.
On signing
VividSpaces goes on the lease
A company let of three to five years with our name on it. From the date in the agreement the rent obligation is ours, occupied or not.
Before move-in
We prepare the home and place a family
Any light works first, then a family referred and vetted by local authorities and checked again by us.
Every month
The same figure on the same date
Repairs, inspections, cleaning and every phone call run through our office for the whole term.
New Malden landlord questions
If yours is not here, ask us directly. We would rather answer it before you sign than after.
Yes, from the High Street and the station to Malden Manor and Motspur Park. Worcester Park, in KT4 next door, has a page of its own on the same terms.
We set the figure after viewing, at or above the open-market rent, and fix it in the lease. The ONS put the Kingston borough average at £1,821 a month in September 2026, with three bedroom homes at £2,167.
Not for a home let to one family. Kingston licenses houses shared by five or more people from two or more households. Some streets near Motspur Park fall under Merton instead; we check which borough covers your address before you sign.
VividSpaces, as a company let for three to five years with a 36 month minimum. We owe the rent for every month of the term, whether or not a family is living there.
A small family referred through local authority partnerships, vetted by the authority and again by us before they move in. Any conditions you set are written down and kept.
Yes. Many landlords contact us before a tenancy ends. We can view the home, agree the figure and set a start date for when it becomes vacant.
Request a rental proposal for your New Malden property
Tell us the address. We look at the property and come back with a fixed monthly figure and the term we can offer on it, in writing, at no cost.
Before you call
You will not find landlord reviews on this site. We would rather show you nothing than show you something we invented. Ask us on the call and we will put you on the phone with a landlord we already work with, so you can ask them instead.
VividSpaces Ltd · ICO ZB892725 · Property Redress PRS051867