Grow and protect your lettings business with HomeLet & Let Alliance Guarantor

It gives your landlords the reassurance they want, while making life easier and safer for your team than relying on friends-and-family guarantors. Especially useful for those Tenants who used to pay up front or are coming from overseas!

How it helps your lettings business

With measures like the Renters’ Rights Act (RRA) restricting traditional risk-mitigation (for example, taking rent in advance from higher risk tenants such as students or expats), many landlords are left exposed. HomeLet & Let Alliance Guarantor closes that gap:

• Provides a legitimate, compliant safety net instead of rent in advance

• Lets you keep approving quality tenant profiles without breaching regulation 

• Gives your team a clear, consistent route to follow on every tenancy 

• Helps keep properties rented rather than vacant 

• Provides 3 years of cover service

Stronger financial backing and lower default risk

Private guarantors come with personal risk: they can lose their job, move abroad, retire, or simply stop engaging. HomeLet & Let Alliance Guarantor offers:

• Mitigate risk - we don’t change jobs or disappear 

• Corporate insurance backing, providing a level of security most individuals can’t match 

• Clear contractual obligations, reducing the risk of non payment 

• Cover for the professional costs of eviction up to £100K to gain possession 

This gives landlords far greater confidence in the long term security of their rental income.

No more guarantor referencing bottlenecks

Referencing a private guarantor often doubles your workload

• Extra credit checks

• Income verification

 • Property ownership checks 

• Repeating the entire process if they fail 

• Additional cost 

HomeLet & Let Alliance Guarantor is already fully verified, so:

 • You don’t need to reference us as a guarantor 

Tenancies progress faster, with fewer touchpoints 

• Your team saves time and admin cost on every let

Professional arrears management 

Chasing a private guarantor can be awkward, slow and legally complex if rent stops coming in. With HomeLet & Let Alliance Guarantor:

• Arrears are paid in line with the service for up to 12 months** 

• We take on the recovery and payment restructuring directly with the tenant 

• Your team avoids difficult personal conversations with parents, friends or relatives 

• With HomeLet Excess Rent Guarantee built in as an option, you can also ensure the Landlord is paid faster! 

You stay focused on service and growth, while arrears are handled professionally.

Access a wider, high quality tenant pool 

Requiring a UK based, financially viable guarantor often excludes strong tenants, including: 

• International students and expats with solid backing but no UK credit history 

• Freelancers and self employed professionals with variable income patterns 

• UK based students who do not have access to a friend/family member to for them 

By accepting HomeLet & Let Alliance Guarantor, your landlords can: 

• Safely approve these tenants without taking on extra financial risk 

• Reduce voids and expand their audience to a broader, high quality tenant base

By building HomeLet & Let Alliance Guarantor into your standard lettings process, you give landlords stronger protection, speed up move ins, widen your tenant pool and remove a huge amount of friction from guarantor management-all the while staying fully aligned with the latest regulations.