Keep More Profit From Your Rent With LetDirect Guaranteed Rent, Zero Hassle.

SmartLetUK offers a smarter, stress-free way for landlords to let their property — skip the hassle and LetDirect with us.

What is LetDirect?

If you're a landlord feeling the pressure — you're not alone. With constant regulation changes, the Renters Reform Bill looming, and your rights being chipped away under traditional ASTs, letting out your property isn’t what it used to be.

At SmartLetUK, we understand that. That’s why we created LetDirect — a new, innovative way to let that puts you back in control.

LetDirect is simple: we rent your property directly from you, for a fixed period, at a guaranteed monthly rent — whether the property is occupied or not. No more chasing tenants. No more voids. No more uncertainty. Just steady, reliable income.

This isn't just about making things easier — it's about helping you profit confidently from your investment again. You don’t need to sell up. In fact, with LetDirect, many landlords will find the confidence to hold onto and even grow their portfolios — without the stress.

Welcome to a smarter way to let. Welcome to LetDirect by SmartLetUK.

The Benefits

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Guaranteed Rent – Receive a fixed monthly payment, even during void periods.

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Hands-Off Letting – No more dealing with tenants, repairs, or admin.

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Legally Compliant – You no longer have to worry if your property meets with legal compliance.

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Long-Term Security – Enjoy 1–5 year terms of secure, predictable income.

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No More Management Fees – Maximize your profits by removing the management fees.

A three-step infographic showing the process for getting a guaranteed rent. Step 1 is property inspection, Step 2 is signing a lease agreement, and Step 3 is receiving guaranteed rent every month.

How It Works

LetDirect FAQ’s

  • LetDirect is SmartLetUK’s guaranteed rent scheme, offering landlords fixed monthly rental income – whether or not the property is occupied or the tenant pays. We become your tenant and sublet to thoroughly vetted occupants and providers. We take on day-day maintenance and repairs and cover the compliance for your property.
    LetDirect is suitable for all landlords and investors from block apartments to individual houses or flats.

  • With traditional letting, you only earn rent when the tenant pays and the property is occupied.
    With LetDirect, you get a fixed monthly income regardless — no void periods, rent arrears, or management headaches and no management fees.

  • SmartLetUK pays you directly. We become your tenant under a company lease, and then we sublet the property responsibly.

  • Typically, we offer 12–60 month contracts, depending on your preference, property type, and location. Shorter or rolling agreements may be available in certain cases.

  • We assess your property’s location, size, market value, and demand.

  • Not necessarily. While the fixed rent may be slightly lower, you save on:

    • Agency fees

    • Void periods

    • Legal costs

    • Maintenance call-outs

    • Tenant referencing/admin

    Many landlords will find LetDirect more profitable overall — especially for long-term planning.

  • We house working professionals, key workers, and families. We also partner with local authorities or corporate lets and property providers, depending on the property and location which ensures the property is maintained to a high standard.

  • SmartLetUK and our property partners do. We maintain the property to a high standard and cover minor repairs, call-outs, and tenant damage. (excluding structural issues or major works unless agreed otherwise).

  • You still get paid.

    LetDirect protects you from tenant arrears — SmartLetUK is contractually bound to pay your rent regardless of tenant performance.

  • There are no voids for you. Even if the property is empty, we continue paying you the agreed rent every month.

  • No — LetDirect is fully managed.

    Between SmartLetUK and our partners we handle tenant sourcing, contracts, compliance, inspections, and maintenance. You enjoy passive income with no day-to-day involvement.

  • Yes. At the end of the agreement, we return your property in clean, lettable condition, accounting for fair wear and tear.

  • No setup fees, no management fees.

    Your rent is net — no deductions, commission, or hidden charges. We earn by responsibly subletting and managing the property ourselves.

  • We typically work with:

    • Small - Large apartment blocks

    • 1–5 bed houses and flats

    • HMOs (subject to licence)

    • New-builds or recently refurbished properties

    • Properties that meet health & safety and compliance standards

    We’re happy to assess your property with no obligation.

  • In most cases, we agree to a fixed term to provide certainty. However, break clauses or early exit options may be negotiable with notice, depending on the agreement.

  • No.

    Rent guarantee insurance is a policy that pays if your tenant defaults (after a claim process). LetDirect guarantees rent regardless of tenant issues — no claims, no waiting.

  • Yes, if you have a buy-to-let mortgage, it's good practice to inform your lender that the property will be let under a company lease arrangement. Most lenders are fine with this, but check your terms.

  • Yes. We can handle everything remotely, from key collection to tenant move-in — with regular updates and digital reporting.

  • Definitely. LetDirect is ideal if you've inherited a property, moved in with a partner, or relocated and want a hands-off, no-stress rental experience.

  • We use a Company Let Agreement, where SmartLetUK becomes the tenant. This is separate from an AST and follows a different legal framework, designed for professional leasing arrangements.

  • Absolutely. LetDirect is perfect for portfolio landlords who want consistent cash flow and zero hassle.

Have a question thats not been answered?
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