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Lower Costs. Higher returns. More certainty.

Get tenants that have skin in the game who will treat the property like their own.

We offer landlords

The adjoin rental agreement. The modern way to rent out your property.

We put landlords and tenants in the same team and create a win-win situation for both. Landlords enjoy higher rent, lower void periods and operating expenses. Tenants earn while they rent and have the option to buy the property in the future.

Get 20% more rent and up to 50% less operating expenses1

Seemless switch

The transition from a standard to an adjoin rental agreement is streamlined by our automated offer process. The contract is created by an expert legal team.

More rent with less hassle

The adjoin monthly payment and booster (see here) all go to you, the landlord. You also maintain 100% of the property ownership throughout the contract.

Skin in the game

With adjoin, your tenants earn only when the property price goes up. This makes them care about the property even more, reducing expenses for you, the landlord.

  1. Based on estimations.


Supported by

Adjoin's network of trusted partners and supporters
Adjoin’s network of trusted partners and supporters

A landlord’s steps with us

You introduce your property to adjoin

As an existing landlord – or an aspiring one – you let us know which property you want to rent out using the adjoin agreement. You choose the minimum and maximum duration of the tenancy.

We vet your property

Using our in-house combination of human and Artificial Intelligence expertise we evaluate the property from an investment and a maintenance perspective. This determines the pricing in the contract; who gets what.

We source the tenant

Once we give the green-light for the property we find you a tenant.

We also take care of the management

A partner agent from our trusted network will manage the property. No hassle for you, whatsoever!

You collect a higher rent

The tenant’s monthly payment is constant throughout the tenancy. And it can be up to 25% higher than market rent in year 1. You have almost zero uncertainty of your inflows during the adjoin agreement.

You have less expenses

The adjoin contract gives enough financial incentives to the tenant so that they take care of the property as if it was theirs. Essentially, the tenant is an in-house property manager.

You already have a buyer

You don’t need to advertise the property to anyone. No more lengthy sales periods, chain transactions and other unnecessary nuances. The prospective buyer3 already lives in the property and pays rent until the day the property is sold to them.

  1. Estimated at 2.5%. 2. By 50% based on estimations. 3. Assuming the tenant exercises the option to buy

Who is this for?

Everyone really. But specially designed for…

Accidental Landlords

Do you find yourself with a property that you may have to let out? Or you are considering selling it but are of two minds? Then our solution offers the best of both worlds: rent out now to your future buyer.

Overseas Landlords

Tired of managing your property from a distance? Especially, when you bought as an investment and not to be a full-time landlord? With adjoin you enjoy hands-free, optimised investment returns.

Entrepreneurial Landlords

Do you want to rent out your property in the modern way that will soon become the norm? Do you want to be ahead of the pack and offer now what tenants really want? Then adjoin us!

Frequently asked questions

Is it ok if I have a mortgage on my property?

Yes it is fine. It is even better if the adjoin agreement coincides with the fixed rate period of your mortgage. If it does not then we need to run a few more checks to make sure the deal we offer you fits with your financial position.

Can the tenant buy the property whenever they want?

You, the landlord, decide the period when the tenant can buy. You do so by setting the minimum and the maximum duration of the adjoin agreement. At any point during this period the tenant can buy.

Can I sell the property whenever I want?

You can sell the property whenever you want as long as the new owner adheres to exactly the same adjoin agreement that you have signed with the tenant. In a sense you sell a tenanted property with a lucrative agreement already in place.

What if the tenant wants to buy during a downturn?

If this is between the minimum and the maximum, which you have set, then the tenant can buy. However, they probably wouldn’t want to do this because in that case their adjoin wallet will have no value. Also, usually downturns are when most people have the least ability to get mortgages, so less likely they will buy from you then.

What is the adjoin wallet?

It is the amount of money the tenant can save when they buy the property or cash out if they decide to leave and not buy. The adjoin wallet grows with the property price. If the price decreases then the wallet has no money. If it increases it has some money.

What fees do I need to pay to adjoin?

Adjoin collects 1% of the property price (determined by a RICS surveyor) from you at the beginning; 7.5% of the monthly income during the agreement; and 0.5% of the amount you received from the property at the end.

What price does the tenant pay if they want to buy?

They pay the market price when they decide to buy (determined by a RICS surveyor) minus what is in their adjoin wallet (see here). This is what you, the landlord, receive.

What is the booster payment?

It is a payment that the tenant pays to you the landlord in the first month of the tenancy. This is in excess of the standard monthly payment.

What happens if the tenant leaves and doesn’t buy the property?

They have to be paid what is in their adjoin wallet minus any exit fees. Part of the exit fees go to you, part to us. It is you, the landlord, that pays the adjoin wallet amount to the tenant.

Why do I get higher rent?

The tenant is “buying” from you two things, on top of a standard tenancy. First, the right to buy the property. Second, a share of the upside in the property value, which is reflected in their amount in the adjoin wallet.

Why do you say I have lower expenses?

For at least two reasons. First, adjoin tenants want to stay longer in a property and so vacancy rates are lower. Second, adjoin tenants gain when the price goes up so will want to upkeep the property even more.

What if the tenant runs into arrears?

Arrears or any other issues can be dealt with in exactly the same way as in a standard tenancy agreement (the Assured Shorthold Tenancy, AST for short).

What if I am an institutional landlord?

Great stuff! We have a lot of tenants in our waiting list already and expecting even more. Get in touch and we can discuss how we can adapt our model to match your needs.

Enough talking Let’s see some numbers

Example, hooray!

More rent

Say your property is worth approximately £532,000 and your current rent set at £1,800 for the next 5 years.1 

With adjoin you can rent it, for the same period, at fixed £2,000 per month and, on top of that receive, a six month booster, i.e. £12,000 in the first month

So 20% higher rental income for you over 5 years!

How about the monthly costs?

We charge you half of what most agencies do: 7.5% of your monthly income to manage the property, or 2.5% if it is self-managed. Clearly we are a bargain.

Void periods will be a thing long forgotten. More concretely, under the adjoin agreement we estimate that vacancy will be 50% less than under a standard tenancy. 

It all boils down to having a long-term tenant with a vested interest.

How about the joining fees?

In this example our fees are £6,900.2 This includes all legal work, our fee and finding the tenant. No extra fees, no hidden costs!

[1] This is the average over 5 years if we assume initial rental yield of 3.88%, and an increase of 3% per year. We can also accommodate a 3-year fixed rent, with an increase based on the retail price index (RPI) in the last 2 years, of a 5 year tenancy.

[2] Your joining fees are 1% for adjoin and 0.3% on legal/due-diligence.

[3] We can also accommodate a scheme where if the tenant decides not to buy, the landlord does not pay the adjoin wallet value to the tenant, but rather some of the extra money they  make, i.e., booster + rent premium. 

[4] IRR stands for Internal Rate of Return and it is a standard methodology of measuring total return. “Total” captures the fact that in property you get both rental income and capital appreciation (when you sell).

[5] For this comparison, we assume you rent out your property in 1-year standard leases for the same duration, assuming 3.88% rental yield initially, growing at 3% per year. And when the tenant exits in both adjoin and in the standard case you sell.

An optimised exit strategy

In this example we assume that you want the tenant to have the option to buy only after 2 years in the property and until 5 years, when the tenancy is over.

Scenario 1: Higher returns

Let’s say in year 4 the tenant wants to leave and not buy.

  • In the meantime your property has grown in value 3% per year.

Then the tenant has approximately £24K in their adjoin wallet, which the landlord has to pay to them.3

Even taking this into account your total return (IRR in geek-speak)4 is 5.6% per year, while with a standard tenancy it is 4.7% per year,5 so 14% more with adjoin.

  • What if the property instead remained stagnant at the same price.

Then the amount owed to the tenant is zero.

Then your total return with adjoin is 3.8% per year, while with a standard tenancy is 1.9% per year, so 50% more with us.

Pro-tip: You gain with us because you rental income is higher and more certain! And that protects you from downturns in the market.

Scenario 2: No more lengthy and expensive sales

Let’s now say in year 5 the tenant decides to buy the property.

  • In the meantime your property has again grown by 3% per year, so roughly 15% in total.

Then the tenant buys the property from you at a 4.7% discount to the market value (which is £616K).

  • How about if the property price remained the same.

Then the tenant receives no discount and buys from you at the full market price (which is of course £532K).

In both cases you sell the property instantaneously and without paying hefty commissions! Your current tenant is your future buyer.

This is fun. Can I see more?

Of course you can!

To try different scenarios on your own complete our sign up form & you will gain exclusive access to our financial calculator.

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