Guaranteed rent · Wells
Guaranteed rent in Wells for landlords
Guaranteed rent in Wells means leasing your property for 3 years or more to a vetted guaranteed rent provider, such as a housing association, council or supported housing provider. Somerset Council has been the unitary authority since 2023 for England's smallest city and the rest of Somerset. Rent is paid monthly as your signed agreement sets out.
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How do guaranteed rent schemes work in Wells?
A vetted guaranteed rent provider leases your Wells property for 3 years or more and pays the agreed rent monthly. We find the organisation and negotiate the lease for you.
Wells is England's smallest city, in Somerset. Somerset Council became the unitary authority in 2023.
Wells is small, so we also look for property in Glastonbury, Street and Shepton Mallet. We work with landlords across England, Scotland and Wales from our office in Watford.
Can I lease my property to the council or a housing association in Wells?
Yes. Through Social Ready you lease to a vetted guaranteed rent provider, such as a housing association, council or supported housing provider. The local authority in Wells is Somerset Council.
You sign a lease with that organisation; you are not renting to the council's tenants directly, and the organisation is responsible for the people who live in the home. We vet and financially check every provider before we introduce them.
What is a social housing lease in Wells?
It is a lease of 3 years or more to a housing organisation, which pays you monthly rent and handles occupiers as the agreement sets out.
- → A lease of 3 years or more, with terms set out in writing
- → Rent paid monthly by BACS, as agreed
- → The provider handles tenant management and routine maintenance as set out in the agreement
- → Independent legal advice before you sign
Property types
Which property types do you take in Wells?
We consider studios, 1 to 4 bed homes, HMOs and blocks of flats in Wells. Demand varies by street and property type, so we'll give you an honest view.
Studios
Studios are often sought for single people. If you own a self-contained studio in Wells, send us the details and we'll tell you honestly whether a provider is looking.
Guaranteed rent for studio flats →1 bed
One-bed homes are often sought for single people and couples. A well-kept 1 bed flat or house in Wells may suit a provider.
Guaranteed rent for 1 bed properties →2 bed
Two-bed flats and houses can suit small families or shared supported living. Tell us about your Wells 2 bed and we'll give you an honest view.
Guaranteed rent for 2 bed properties →3 bed
Three-bed houses are often sought for families. If you own one in Wells, a provider may want it on a long lease.
Guaranteed rent for 3 bed houses →4 bed
Four-bed homes are often sought for larger families, and some suit shared supported living. Send us your Wells 4 bed and we'll look at it honestly.
Guaranteed rent for 4 bed houses →Is there HMO guaranteed rent in Wells?
HMOs can suit supported-living providers who house several people in one home. You deal with one leaseholder instead of individual room lets.
In England, an HMO let to 5 or more people forming 2 or more households needs a mandatory HMO licence from the council, and councils can run additional licensing for smaller HMOs. Check with Somerset Council whether additional or selective licensing applies to your address.
HMO guaranteed rent for landlords →Blocks of flats
Whole-block leases can suit providers who want several units in one building. Each case depends on the building and provider demand in Wells.
Guaranteed rent for blocks of flats →What should Wells landlords know locally?
The local authority is Somerset Council. English housing law, including the Renters' Rights Act, applies.
- → Somerset Council covers Wells, Glastonbury, Street and Shepton Mallet.
- → Wells has a historic centre around its cathedral.
- Local authority
- Somerset Council
- Region
- South West, England
LawThe Renters' Rights Act applies in England. A genuine lease to an organisation is not an assured tenancy, but occupiers' own agreements may still be protected. This is general information, not legal advice: take independent legal advice before you sign.
Wells guaranteed rent FAQs
Yes. They are in the same council area as Wells.
Somerset Council. Check what applies to your address.
Yes, if it suits a provider.
Leases run for 3 years or more. The exact term, rent review and any break clause are set out in your signed agreement.
It is free to join with no obligation, and there are no management fees on guaranteed rent. Each lease is agreed individually.