For landlords

Two ways to let your property to us, and a straight account of which legal duties transfer when somebody else takes the lease. Most of them do not, and any company that tells you otherwise is selling you something.

One property or a portfolio · ICO and PRS registered · Three to five year agreements

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Two ways to work with us

Both are long-term and both are fully managed. The difference is who carries the risk and who keeps the upside, and it is worth getting right before you sign either one.

Guaranteed rent compared with full management
Guaranteed rentFull management
Who holds the leaseWe doYou do
What you receiveA fixed monthly amountWhat the property earns, less the fee
When you are paidThe same date every month, in advanceMonthly in arrears, on the payment cycle
An empty monthPaid in full anywayNo income that month
Day-to-day repairsOursYours, quoted to you first
Our feeNone. There is nothing to deductA flat monthly amount, agreed up front
The ceilingFixed for the termHigher, and it moves
SuitsCertaintyReturn

Neither is better. Landlords at a distance from the property, or who have had a bad year, almost always choose the fixed floor. Landlords who watch the market closely and can absorb a void usually choose the ceiling.

The part nobody explains

What the law asks of you, and who actually does it

Handing over the lease does not hand over the law. Most safety and licensing duties sit with the owner of the property and stay there, whoever is managing it. What changes is that somebody competent is keeping the diary.

  • Energy Performance Certificate

    In lawYou, as the owner

    We doWe check it is valid and in band E or above before we take the property on, and tell you when it is close to expiring.

  • Annual gas safety check

    In lawYou, as the owner

    We doWe diary the date, arrange access and the engineer, and send you the certificate.

  • Electrical installation report, at least every five years

    In lawYou, as the owner

    We doSame: we arrange it and send you the report. Remedial work is quoted to you before anything is instructed.

  • Smoke alarms on every storey, carbon monoxide alarms by every fixed combustion appliance

    In lawYou, as the owner

    We doWe check them at every inspection and replace them when they fail.

  • Keeping the property fit for human habitation

    In lawYou, as the owner

    We doWe inspect at intervals and report back, so a defect reaches you with a photograph rather than a letter.

  • HMO or selective licence, where the borough requires one

    In lawYou, as the owner

    We doWe check what applies at the address and make the application, which is the item most landlords are unaware of.

  • Right to Rent checks on the people living there

    In lawWhoever grants the occupation agreement

    We doOurs. We hold the lease and we place the family, so the checks and the records are ours to keep.

  • Protecting a tenancy deposit

    In lawWhoever takes a deposit

    We doDoes not arise. We do not take a deposit from you and you do not take one from anybody.

  • Buildings insurance, and telling the insurer the property is let

    In lawYou, as the owner

    We doWe will ask to see it before we start. An unreported change of use can void a claim entirely.

  • Consent to let from your mortgage lender

    In lawYou, as the owner

    We doAsk specifically about a company let, not just about letting. This is what delays most starts.

This is a summary, not legal advice, and it is written for England. Where a duty is yours we will tell you so plainly rather than let you assume we have it.

Changed on 1 May 2026

Where the Renters' Rights Act leaves you

The biggest change to letting in a generation, and the reason a number of landlords moved to a company let this year.

The Renters’ Rights Act 2025 received Royal Assent on 27 October 2025. From 1 May 2026, section 21 “no fault” notices are gone and fixed-term assured tenancies have been replaced by periodic ones, for existing lettings as well as new ones. If you let to a family directly, you can no longer end the tenancy simply because the term has run out.

A company let sits outside that regime, and always has. An assured tenancy requires the tenant to be an individual occupying the property as their only or principal home, under section 1 of the Housing Act 1988. VividSpaces is a company and does not live there, so our agreement with you is a contractual lease governed by its own terms rather than by the assured regime the Act reformed.

That is a real difference and it is worth understanding properly. It is not a way around anybody’s rights: the family living in the property holds their agreement with us, and the responsibility for them is ours. What it means for you is that your position is set by the lease you sign with us, and we go through the notice provisions in it with you line by line before you sign rather than leaving you to find them later.

Sources

Checked 21 September 2026. We are not solicitors. If your position is unusual, take your own advice and we will give your adviser whatever detail about the agreement they need.

Spreading, borough by borough

Licensing is the thing most landlords miss

Mandatory HMO licensing has applied across England for years to any property with five or more people from more than one household. What has changed is that boroughs are now licensing ordinary single-family lets.

Enfield has licensed 17 wards since 1 September 2026. Croydon began licensing 14 named wards on 25 September 2026. These schemes catch normal family lets, not shared houses, which is exactly why owners in those wards tend not to know about them. Letting an unlicensed property where a licence is required is an offence, and it can also block a possession claim.

We check licensing at the address before we take a property on, and where a licence is needed we make the application. Our area pages set out what applies locally, with the borough’s own page as the source and the date it was checked.

What you can hold us to

A fixed date, not a fixed intention
The rent leaves us on the same date every month for the length of the agreement. It does not move because the property is empty, because a repair was expensive, or because somebody has not paid us.
You hear it from us first
Inspection reports, damage, a family leaving, a licensing change at the address. We would rather tell you about a problem while it is small than be asked about it once it is not.
Nothing spent without your say
Under management, no work is instructed before you have seen the quote, and every cost on your statement arrives with the invoice behind it. Under guaranteed rent, day-to-day repairs are simply ours.
The property comes back as it went out
We photograph and schedule it in detail before we start, and inspect against that schedule at the end. Anything beyond fair wear and tear is made good before it returns to you.

From first call to first payment

Typically five to ten working days once the paperwork is in hand. The step that decides the timetable is almost always your lender, so start it early.

  1. 01We visit the property, look at it properly, and check what licensing applies at the address.
  2. 02You get a fixed figure and a draft agreement in writing. No cost, no obligation, and it stands whether or not you sign.
  3. 03You confirm your lender's consent to let and that your insurer knows the property is let. This is usually the long pole.
  4. 04We prepare the property, including light works and furniture where they are needed, and photograph and schedule it.
  5. 05The agreement starts, the first payment is made on the agreed date, and then on the same date every month.

Find out what your property would earn

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

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