Better financial protection
than can be provided by a
deposit.

iguarantee allows landlords to let their properties with confidence and security without insisting on deposits.
Landlords avoid involvement in tenant deposit protection schemes, and the cost and added administrative work that this involves.
Tenant referencing and credit checks carried out at no cost to landlords.
Free rental guarantees and damage insurance.
  FAQs
Rent the property of your
choice without having to pay
a security deposit.
Have immediately available confirmation of your good
standing as a responsible tenant with an exemplary record.
Benefit from a wider range of property than would otherwise be available to you.
Your membership can be carried forward from tenancy to tenancy.
Automatic insurance for accidental damage.
Avoid dispute resolution arguments about return of tenancy deposits.
  FAQs
How the scheme works

Anybody wishing to rent private accommodation can apply online to join the Tenant Guarantee Scheme. We make various checks. Tenants who can provide assurances of their good standing are entered into the scheme database and issued with a confidential unique membership number. The database includes a photograph and personal details. This information can only be accessed using the unique membership number, which can be passed to prospective landlords for verification purposes.

Only tenants with exemplary credit histories and references are accepted into the Tenant Guarantee Scheme and given membership. Those who default on payment of rent or their membership subscription, or who cause damage to property which is not made good (other than normal wear and tear) are removed from the scheme.

Joining the scheme and paying a small monthly subscription fee means tenants are able to provide landlords with a rental guarantee of up to three month’s outstanding rent plus accidental damage insurance for landlord’s contents equal to one month’s rent. Landlords will also be covered for up to £1,000 legal costs should they need to bring possession proceedings. At the start of new tenancies landlords can register their interest in this cover and later, should they need to do so, make claims against the scheme for any losses covered by the scheme.

In the case of joint tenancies (except married couples), each tenant must be a member of the Tenant Guarantee Scheme for the rental guarantee and insurance cover to be available.

Landlords who accept tenants on the basis of their tenant Guarantee Scheme membership and the guarantee and insurance cover this brings and who do not therefore require deposits are exempt from the requirement to participate in a tenancy deposit protection scheme.

Insurance cover and guarantees arranged by Letcare Ltd which is authorised and regulated by the Financial Services Authority, registration number 309948.

Rental guarantees are provided by Letcare in association with RentGuard Ltd.

See sample insurance policy
PDF format
 

See sample rent guarantee
PDF format



To download the latest version of Adobe Acrobat Reader please use the link above.

To join the scheme, complete our online form and upload a photograph of yourself. We will tell you within three days whether we can accept you into the scheme or if we require further information or assurances. Once you are accepted we will provide you with a unique membership number. You can then provide this to future landlords so they can check your credentials online and register their tenancies.



















 


iguarantee’s Tenant Guarantee Scheme is a service for landlords and their tenants. It allows tenants to provide assurances and enter into agreements without payment of a deposit. It allows landlords to check the good standing of tenants easily and with confidence while gaining financial guarantees and avoiding the expense and administrative burden of participating in deposit protection schemes.
 



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