Lower Costs. Higher income.
Sell at the right price.
Get tenants that are aspiring owners and treat the property as if it’s their own.
The Adjoin Tenancy
A new way to achieve your property goals.
We rent out you property to aspiring owners, giving them the option to buy it during their tenancy.
You, as the current owner, sets a Minimum Sale Price that protects your asset value.
You benefit from a professional tenant, who has shown their interest in buying it.
We collect the Option Premium, that the tenant pays, so we can fully manage your property for just 5%.
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Why Choose Adjoin?
At Adjoin, we focus on making good relationships, whether it’s you and us, or your tenant.
We work with tenants to assess their affordability, so that they have a higher probability of buying your home.
Our fact-find also means we believe they’re likely to be higher quality tenants during their tenancy.
You can benefit from great tenants in the short term, with a buyer in place fo the future.
Cost Saving
- 0% Sales Comission, if the tenant buys
- 5% Management fee, less than 1/3 of London’s average
- Generate income until the sale completes
Increased Security
- Professional tenant, with vested interest
- Tenant fact-find to understand ability to purchase in future
- Customise Sale Period
- Set Minimum Sales Price
Offset Market Conditions
- Sell when the market improves
- Can tie sale into Early Repayment Charges (ERC’s) ending
- Lowered chance of void periods
What does the process look like?
Initial Contact
The first step to any successful relationship is getting to know each other. Register your interest and we will contact you within 24 hours to book an appointment.
Set Expectations, Tailor Your Needs
Using a combination of human and Artificial Intelligence, we give you the expected rental and sales figures for your property. We also discuss the Service Options, establishing your needs.
Establish Key Facts
You’re in control. Set the key facts, including; Rental Price, Tenancy Length, Minimum Sales Price, and Sales Period
Find a Tenant
The property details are sent to our waitlist of tenants and advertised on all major portals. We vet any new applicants for their ability to rent now, and their future purchasing ability. We conduct viewings in-house to keep control of all aspects of the deal.
Tenancy Agreed and Moved-In
When you accept an offer, we can take care of all onboarding, overseeing referencing, helping prepare the property, and even moving them in.
Relax, we have it covered
We have a proactive management approach. We periodically touch base with the tenant to catch any issues before they snowball. We also give tenants the tools needed to prepare for homeownership, effectively making them in-house property managers.
Preparation for Sales
The tenant requests an updated valuation. Confirm your expectation, whether it’s the Minimum Sales Price or higher. Once the price is agreed, the formal offer is received and the conveyancing process starts.
Sale Completes
When ready, the tenant can trigger their Option to buy.
They keep paying rent until they complete, meaning no voids, and better yet, 0% Sales commission.
What can you offer tenants?
You set which of the tenant schemes are offered to applicants.
| Tenant Scheme | Option To buy | Discount on purchase | Rental Premium | Discount |
| Try Before You Buy | ✔️ | ❌ | 10% | ❌ |
| Share In The Upside 15 | ✔️ | ✔️ | 15% | 20% Of Appreciation |
| Share In The Upside 20 | ✔️ | ✔️ | 20% | 40% Of Appreciation |
LL Service Options & Fees
We offer 2 service levels.
| Adjoin Service | Source Tenant | adjoin Tenancy & Option Agreement | Property Management | Fees |
| Set us Up | ✔️ | ✔️ | ❌ | Rental Premium |
| Fully Managed | ✔️ | ✔️ | ✔️ | Rental Premium + 5% of rent |
Set Us Up
Best for owners that like to be involved.
We find suitable tenants, reference them, produce the agreements, and oversee their signatures.
We can help move them in, then we leave the management to you.
Fully Managed
Want as little hassle as possible? We’ve got you.
We source a tenant, take care of all of their onboarding, including the agreements and compliance, and move them in.
Once in, we are the point of contact for the tenant, managing the property to make your life as easy as possible.
Who is this for?
Everyone really. But specially designed for…
Owners Considering Sales
Torn between selling in a depressed market and renting again?
Our solution gets you a potential future buyer now and raises your income during the extended sales period.
Professional Developers
Aiming to boost Gross Development Value (GDV) on your next development, or want to offset the loss of Help to Buy?
We create a new pipeline of potential buyers, who can move in as little as 1 week!
Occasional Builders
Developing with the intention to sell some units and keep others?
Our tenants aspire to buy, retaining the new-build premium, boosting your rental income, allowing you to extract more from your refinancing!
What do the numbers say?
Example Assumptions:
| Minimum Sales Price: £500,000 | Current Valuation: £500,000 |
| Rental Amount (PCM): £2,000 | Tenancy Length: 2 Years |
| Assumed Management Fee: 12.5% | Assumed Sales Fee: 1.25% |
You’re considering if now is the right time to sell. Another tenancy? Try the sales market? BoE and Liz Truss did their best to make you question if you will achieve the price you want.
Yearly house price growth is still over 5%, but the number of buyers has shrunk as lenders become temporarily more stringent in their affordability testing.
You elect to try Adjoin. You offer the tenant the Try Before You Buy Scheme.
Assuming property prices rise by ~5% a year, the property will be worth £550,000 by the end of their tenancy.
You have only paid 5% for property management, 1/3 of London’s average.
You’ve given the tenant the option to buy the property anytime between months 21 and 23.
Month 22, they ask for an updated valuation. £545,000.
With Adjoin, you have received over £5,500 more in rent. The market and affordability have recovered, you’re receiving £45,000 more for the sale.
We have charged you 0% Sales commission as the tenant bought. Saving you over £6,750.
Additional Revenue: £55,000+!
Sounds pretty good to us.
Disclaimers. No responsibility: The material and information contained in this page is for educational and general information purposes only. You should not rely upon the material or information on this page as a basis for making any financial or any other decisions. adjoin makes no representations or warranties of any kind, express or implied about the completeness, accuracy, reliability, suitability, or availability with respect to this page or the information, products, services or related numbers, tables, figures, external links contained on this page for any purpose. Any reliance you place on such material is therefore strictly at your own risk. Investment: adjoin is not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by adjoin are intended purely as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur. Past Performance: Past performance does not guarantee future results. You should not rely on any past performance as a guarantee of future investment performance. Returns will fluctuate.
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