Rent in Advance

The Rent in Advance provides landlords with a unique opportunity to receive their year's rent in advance in one lump sum.

The pioneering initiative gives landlords more financial freedom and the chance to expand their property portfolio or make a luxury purchase.

Rent in Advance calculator

Landlords have the option of taking a full year's rent in advance even when the tenant pays monthly. Use our simple calculator to find out the lump sum you could receive.

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Landlords have the option of taking a full year's rent in advance even when the tenant pays monthly. Use our simple calculator to find out the lump sum you could receive.

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Here are your results for Rent in Advance. This is the lump sum amont you could be entitled to.

My monthly rent
£

How much I will receive
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How it works

We will ensure that the property is fully compliant and the tenant is professionally referenced.

In the case of a new tenancy, we will transfer your funds less our agreed fees once the tenant has moved in. ...more

What costs are involved?

Set up costs depend on your needs and usually cover safety certificates, licenses, admin, referencing, professional inventory and deposit registration. You can estimate how much you can receive using our calculator.

Landlord rent guarantee

For most landlords, receiving rental income in full and on time is essential to cover mortgage and other associated payments.

Even the best tenants can find their circumstances change suddenly, meaning they're unable to pay the rent. Rent Guarantee Insurance gives you ...more

Enter details about the property address and monthly rent.

A representative will contact you to confirm your eligibility.

You receive the rent in advance for the year in your account.

What Landlords are saying

We decided to go for Rent in Advance as it gave us a lot more peace of mind to get our rent up front for the year rather than monthly.

Robert W

I used the cash from the Rent in Advance to pay off my credit card bill and cover some refurbishment costs on my new house.

Lauren E

I used the upfront money from the Rent in Advance as a deposit for my next buy to let property in Manchester.

Chris H

When we heard about Rent in Advance we liked it but first we asked several agents if they did something similar and no one did, it really is a unique offer and so useful

Emily A

Frequently asked questions

Who registers and holds the security deposit?

The tenants' security deposit is registered with the TDS scheme and provides the tenant and landlord with a copy of the certificate.

Can I change my mind later and go with one of your standard service options?

Yes, you can change your mind at any time.

When does the landlord receive payment of the upfront rent?

Within 3 working days of the tenant signing their new AST and paying their first month's rent.

What happens if the tenant stops paying, can I have a rent guarantee?

Yes. you can purchase a Landlord Rent Guarantee allows you to guarantee the rent for up to 12 months as long as the tenant remains in the property and it covers issues relating to the pandemic. Since the pandemic, it has become more popular than ever.

If the tenant leaves the property mid-tenancy and there is a void we would normally re-let your property with a new agreement for the new tenancy, minus the rent portion not paid back by the previous tenant on the original tenancy. Alternatively, if there is rent outstanding and you decide to go in another direction with your property, you will be liable to refund us the outstanding portion of advanced rent.

Can I use it more than once?

YES. You can use it on multiple properties and you can renew every year for as many properties as you wish.

What happens if my tenants leave?

No Problem! The payments are paused until a new tenant moves in and the rental payments of the new tenants will count towards your rent in advance payment.

Can I use Rent in Advance for as a deposit for a new BTL?

In short, YES. This is not a loan, there is no interest to pay. RIA is cash in hand for you to use at your sole discretion

Please note, this service is available at the sole discretion of the underwriter. The figure quoted is an estimate. Additional set up costs may apply and may differ depending on the landlord's requirements.