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Victorian terraced houses. Photo for illustration. Photo from Pexels.
Guaranteed rent in Swindon means a company rents your property under a company lease and pays you a fixed rent every month, even when the home is empty. The company then lets it to its own guests or occupants and handles management. Esho Stays offers this model and runs homes as serviced accommodation.
Take your own adviceEvery guaranteed rent agreement is different. Ask a solicitor to review the lease, and check with your mortgage lender and insurer before you sign.
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How does guaranteed rent work?
Guaranteed rent works through a company lease. The company becomes your tenant, agrees a fixed monthly rent for an agreed term, and pays it whether or not the property is occupied.
- Assessment. The company looks at the property, its location and demand for its guests.
- Agreement. You agree the rent, the length of the lease and who is responsible for what.
- Set-up. The home is furnished and prepared, if needed.
- Management. The company finds guests, handles bookings, cleaning and maintenance.
- Rent. You receive the agreed rent every month for the term.
What does Esho Stays offer Swindon landlords?
Esho Stays offers guaranteed monthly rent under a company lease, with full management of the property as serviced accommodation. Our guests are mainly contractors, corporate teams and professionals staying for weeks or months. Full details are on our property owners and landlords page.
- Esho Stays becomes your tenant under a company lease
- Rent is paid in full every month, even if the property is empty
- We manage bookings, guest communication, cleaning and maintenance
- Regular inspections and cleaning between every stay
- A landlord dashboard showing upcoming bookings and performance
- Help to furnish the property if it is unfurnished
Unfurnished homes can be furnished for guests. Photo for illustration. Photo from Pexels.
What are the pros and cons of guaranteed rent?
The main benefit of guaranteed rent is certainty: the same payment every month with no voids or arrears. The main trade-off is that the rent may be lower than the best open-market figure in a strong month.
| Pros | Cons |
|---|---|
| Fixed rent every month, even when empty | Rent may be below the top open-market rent |
| No void periods or chasing arrears | You rely on the strength of the company |
| Hands-off management | Less day-to-day control over occupants |
| Property kept to a high standard | Needs mortgage, insurance and lease consents |
What should you ask before signing a guaranteed rent agreement?
Before signing, ask how long the lease runs, who pays which bills, who handles repairs, and what condition the home will be returned in.
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Which Swindon properties suit guaranteed rent?
Properties near places where people work suit guaranteed rent best, because they attract steady bookings from contractors and professionals. In Swindon, that means homes near Great Western Hospital, the station, business parks and the M4 junctions.
Homes with parking, two or more bedrooms and a good energy rating usually perform well. Read our wider guide to renting out your house in Swindon to compare all the options, and check the landlord requirements in Swindon.
Tips for landlords considering guaranteed rent
Check the companyLook up the company on Companies House, ask for references from other landlords and ask how long they have been operating.
Read the handback clauseMake sure the lease is clear about the condition of the home at the end of the term.
Compare net incomeCompare guaranteed rent with agent-managed rent after fees, voids and maintenance, not just the headline figures.
Frequently asked questions
Is guaranteed rent legal in England?
Yes. Guaranteed rent agreements, often called company lets, are legal in England. The company is your tenant under a commercial or company lease, rather than an individual on an assured tenancy. Take legal advice on the lease terms, and check your mortgage, insurance and any leasehold restrictions before you sign.
Who pays the bills under guaranteed rent?
It depends on the agreement. With serviced accommodation, the operating company usually pays utilities, broadband and council tax while it runs the property, as these are included for guests. Confirm the split in writing before signing, so there are no surprises.
What happens if the guaranteed rent company goes out of business?
If the company stops trading, rent payments may stop, and you would need to recover the property. That is why it matters to check the company, its accounts and its references before you sign, and to keep the lease and insurance up to date.
Does Esho Stays take properties in Swindon?
Esho Stays works across Gloucestershire, the Cotswolds, Coventry and Swindon, and we are always looking at new areas. Send us the address and details of your property, and we will tell you honestly whether it suits our guests and our model.
Next step
Own a property in Swindon?
Send us the address and a few details, and we will tell you whether it suits our guaranteed rent model.
