opndoor is the professional guarantor route for residents and students who would otherwise need rent in advance. We sit alongside your existing referencing and document the cover for the initial twelve-month period.
Different residents. Different leases. Same problem when rent upfront is no longer the fallback.
Support international movers, returning residents and tenants without a UK guarantor while maintaining income protection across your portfolio.
Built for the realities of student lease-up. Students do not need to satisfy the income route. Eligibility is assessed through the dedicated student route.
opndoor activates at the moments where good leads have historically dropped out of the funnel.
Resident profile is captured. Eligibility for opndoor is assessable in advance, not after the fact.
If referencing is unlikely to pass alone, your team refers the tenant to opndoor in seconds.
opndoor returns a decision through the operator portal. Status visible across the team.
Where approved, the guarantee documents are filed against the lease for the initial 12-month period.
Eligibility, fees and guarantee duration are published. No bespoke side-letters needed for routine cases.
No. opndoor sits alongside your existing referencing and your CRM. It is the route for tenants who would otherwise need rent in advance, fail referencing on income alone, or simply not have a UK guarantor available.
The tenant pays opndoor a guarantor fee on approval. There is no charge to the operator. Commercial terms, including any partner commission for direct-let schemes and exclusivity arrangements, are agreed during operator onboarding and vary by portfolio scale.
Decisions are typically same-day, and often near-instant where the tenant connects open banking, open payroll or consents to a credit check. The biggest variable is how quickly the tenant supplies their information, not how long we take to assess it.
No. Students, including international students, are assessed through a dedicated student route rather than the standard income test. The route is built around academic tenancy terms, including nominations and re-let cycles.
Where approved, opndoor issues a professional guarantor agreement covering the initial 12-month period from move-in. The agreement is filed alongside the lease. Aggregate reporting is available at building, scheme and operator level via the operator portal.
opndoor is built around the new lettings market, including limits on rent in advance. Operators get a documented, named professional guarantor route as the alternative for tenants who would previously have been asked for several months upfront.
Our team works with national BTR and PBSA operators on integration, eligibility policy and document standards. Tell us about your portfolio.