Transitional housing income. Pass-through, not a promise.
The most important page on this website, and the one most likely to talk you out of it. Read it before you look at a single price.
Why we refuse to say “guaranteed rent”.
A great many UK property propositions marketed to overseas investors are built on a fixed-rent guarantee: a company promises to pay you a set amount every month for a set number of years, regardless of what the property earns.
That promise is only ever as strong as the company making it. When the underlying economics stop supporting the promised rent — a funding change, a run of voids, an over-optimistic original model — the guarantee does not protect the investor. The guaranteeing company fails, and the investor discovers they owned an asset whose real economics never supported the number they were promised. This has happened repeatedly in the UK transitional and supported housing sector, and international buyers have been among the worst affected, because they were furthest from the ground and slowest to see it coming.
So this model does something less comfortable and more honest: your income reflects what the property actually earns, after the deductions set out in the agreement. In a strong year that is the target. In a weak year it can be less. There is no counterparty pretending otherwise.
A different operating model, not a different promise.
Freehold title, in your own name, registered at HM Land Registry. Not a unit in a fund, not a fractional interest, not a loan note dressed as property. If every other party in this structure disappeared tomorrow, you would still own a house in County Durham that you could sell to a family.
Myshon manages occupancy, repairs, compliance and local-authority liaison through a directly employed team of over 150 people across five regional offices — not a subcontracted network. Over a 25-year horizon, and from 6,000 miles away, the quality of the operating platform matters more than any single year's yield.
Income reflects the actual funding and operating mechanics of the property. What is deducted, and why, is set out in the agreement — service charge, management, maintenance provision — rather than buried inside a single take-it-or-leave-it fixed figure. Rent is paid monthly from a ring-fenced client account; written statements are provided quarterly.
The agreement indexes rent at CPI + 1%. The illustrations on this site model that at 4% a year, which is an assumption and not a forecast. It is applied under the agreement and is subject to change upwards or downwards — it is deliberately not an upward-only ratchet, because an upward-only ratchet is how fixed-rent models become unsustainable.
Against an ordinary UK buy-to-let.
The honest comparison for an overseas buyer weighing this against a conventional rental purchase.
| Ordinary buy-to-let | This model | |
|---|---|---|
| Ownership | Freehold or leasehold, your name | Freehold, your name |
| Tenant | One household, found by an agent | Placed by the operator from statutory demand |
| Void risk | Yours, entirely | Absorbed within the operating model, not eliminated |
| Repairs | Yours to arrange and fund | Handled by the operator under the agreement |
| Compliance | Yours — gas, electrical, EPC, licensing | Operator's responsibility |
| Your time | Ongoing, from another timezone entirely | Effectively none after completion |
| Typical net yield | Commonly mid single digits after costs | 12–13% targeted in Year 1, not guaranteed |
| Term | Rolling tenancies, 6–12 months | 25-year agreement |
| Main risk | Tenant, voids, your own management | Operator performance and funding rules |
Buy-to-let figures are general market observations, not a quoted comparison to any specific property. Both columns carry capital risk. Neither produces guaranteed income.
If that reads as reasonable, let's talk.
If it reads as too much risk for your circumstances, that is a completely legitimate conclusion and we would rather you reached it now.