Landlord Partnership Model
We agree a Minimum Monthly Income with you and commit to it in the contract. You keep full ownership and control of your property.
What is the LPM?
The Landlord Partnership Model is a management service with an agreed Minimum Monthly Income written into your Management Agreement. Income is assessed over each quarter, so stronger months balance quieter ones. If a quarter falls short, we pay you the difference.
Agreed Minimum Monthly Income
We agree a Minimum Monthly Income with you and commit to it in your Management Agreement.
Assessed Each Quarter
Income is assessed over each quarter, so stronger months balance quieter ones.
Shortfall Paid by Us
If a quarter falls short of the agreed minimum, we pay you the difference.
You Keep Ownership and Control
You keep full ownership and control of your property throughout the agreement.
How It Works
Initial Conversation
Tell us about your property, its location and your goals.
Free Income Valuation
We assess demand and seasonality to value the property's short-let income.
Proposal
We send a written proposal setting out the Minimum Monthly Income and our fee.
Management Agreement
A written agreement with a minimum 3-year term and a break clause at 12 months.
Photography & Listing
Your property is photographed professionally in HD and listed across major platforms and our direct site.
Monthly Statements
A monthly statement and payout by the 14th of the following month.
You pay your property's own bills, maintenance, repairs and furnishings. We only list with professional HD photographs.
Who the LPM Suits
The LPM suits owners who value a dependable minimum income — for example, with a mortgage to cover.
Request a Free Income ValuationIdeal for:
- Owners who want a dependable minimum income
- Owners with a mortgage or regular costs to cover
- Owners who prefer predictability over maximising strong months
- Owners who want to keep full ownership and control
LPM or Full Management?
Landlord Partnership Model
- Agreed Minimum Monthly Income, assessed quarterly
- Higher fee, because we carry the shortfall risk
- Fee agreed per property in your proposal
Full Management
- No minimum income — you receive what the bookings earn, less our fee
- Lower fee: 10% of gross booking revenue for your first 3 months, then 15%
- You keep more of strong months
Both services have a minimum 3-year term with a break clause at 12 months, and a monthly statement and payout by the 14th of the following month.
The Minimum Monthly Income and all terms are set out in a written Management Agreement for each property. Subject to property suitability, consents and contract.