With the Renters’ Rights Act approaching on May 1, 2026, pressures on Built to Rent providers are increasing and the need to protect rental income is becoming more important than ever.
The Renters’ Rights Act is set to transform the rental market. No-fault evictions will be removed, and the introduction of periodic tenancies, rent control measures and anti-discrimination clauses may make it more challenging to secure suitable tenants.
All landlords will face these changes, but Built to Rent providers operate with an added focus on community. Built to Rent schemes are designed to encourage engagement through shared spaces and regularly hosted events. This creates an environment where neighbourly interaction is common and tenant morale plays a key role in the success of the development.
To ensure rent is received on time and to reduce the risk of disputes and court proceedings, using a professional guarantor is increasingly important. A professional guarantor is a company that acts as a guarantor, providing financial protection for tenants and peace of mind for landlords. Demand for professional guarantors within the Built to Rent sector has grown steadily in recent years.
Professional guarantors offer reliability, security and speed within a regulated framework, while also increasing the pool of potential tenants who may otherwise struggle to secure an eligible guarantor. This can be achieved without additional cost to the provider.
RentGuarantor has developed a streamlined process, with applications typically reviewed and responded to within 24 hours. This creates a faster and more reliable experience than relying on traditional personal guarantors.
Once a prospective tenant applies, an initial quote is issued. The application is then assessed and, if successful, a provisional acceptance is provided. The landlord is contacted to confirm they are happy for RentGuarantor to act as the guarantor. A contract is issued via Eversign and, once signed, the tenant is invited to sign. The tenant then pays the relevant fees. Both the landlord and the tenant receive confirmation that RentGuarantor is acting as the professional guarantor.
Tenants can apply to RentGuarantor before starting the letting process, or the service can be recommended directly by providers. As the rental landscape continues to change, protecting rental income is becoming increasingly critical.
