Covenant is the console your lettings team logs into: every managed property scored against the market, evidence packs ready to send, and a ranked list of which landlords to call this month.
Guarantee · The audit (£500–£1,500 by book size) is credited in full against your first year — and if it doesn't find at least a year of Covenant's cost in opportunities, it's free.
The Covenant console — your book on day 3. Live data, not a brochure.
Most rent rolls hide missed reviews, stale landlord relationships, and preventable churn. The problem isn't market data — it's follow-through.
In England, a tenant can refer any rent increase to the tribunal for a £47 fee — and the tribunal can only hold the rent or lower it, never raise it. There is very little downside in challenging.
A determination takes months — commentators expect up to six as demand builds. The old rent applies the whole time, and the increase can't be backdated.
Rent can only rise once in any 12 months, measured from when the last increase took effect. A delayed determination pushes every future increase back with it.
The defence is evidence. An increase that arrives with comparables, market data and clear reasoning gets signed — not referred. Covenant builds that case for every review on your book.
See it on a property you actually manage — try Covenant free on one address →Renters' Rights Act 2025 · in force 1 May 2026 · £47 fee per FTT (Property Chamber) Fees (Amendment) Order 2026 · timeline figures are industry estimates
Send us your rent roll. In 72 hours your console is live with a ranked action list and your first evidence packs. After that, Covenant runs monthly — the list refreshes, the packs are ready, the scoreboard fills.
A CSV or PMS export — addresses, rents, tenancy dates, review status. No tenant names, no landlord contact details: use your own reference codes. UK GDPR throughout.
Your console is live: the leak quantified, every property scored against the market, and the landlord conversations ranked by what they're worth.
Every action ships with an evidence pack in three versions — your team's, the landlord's, the tenant's. Edit anything before it's sent.
Reviews accepted, landlords retained, instructions won, confirmed fee impact — on the scoreboard the principal checks weekly.
Everything Covenant produces does one of three jobs: protects the book you have, grows the fees it earns, or de-risks the increases you propose.
Performance, market position, risks ahead, and what you're doing about each — under your brand. The report that makes a landlord feel their asset is held, not just administered.
Calls completed, reviews proposed and accepted, landlords retained, instructions won, estimated and confirmed fee impact.
Quantified missed reviews, under-market exposure, retention risk, and fee impact — printed in a single PDF you can hand to your principal.
Ranked by value, urgency and confidence. Every action assigned, due-dated, and tracked to outcome — visible to the principal.
First-time pricing for any property — recommended range, expected void at that range, comparables, demand commentary. One version steels your own pricing; one goes in front of the landlord. Works whether you hold the instruction or you're winning it.
Every rent review ships as three documents built from the same evidence: the internal case for your team, the advisory pack for your landlord, and a clear, respectful explanation for the tenant — reasoned so that signing beats challenging.
The typical book leaks £32,800 per 100 properties a year. Covenant costs £2,400 per 100 at the founding rate. One preventable landlord switch — £1,726 in fees at the average England rent — covers most of it on its own.
One retained or won managed property per ~70 on your book is break-even. Everything above it is upside.
| Managed properties | Covenant / month | Covenant / year | Break-even |
|---|---|---|---|
| 50 | £100 | £1,200 | 1 retained / won |
| 100 | £200 | £2,400 | 2 retained / won |
| 200 | £400 | £4,800 | 3 retained / won |
| 300 | £600 | £7,200 | 5 retained / won |
Covenant's reports treat a landlord the way a wealth manager treats a client — the asset's performance, its market position, the risks ahead, and what you're doing about each. That's why they stay. That's why they bring you the next property.
| Alternative | What it gives | The Covenant difference |
|---|---|---|
| Market data dashboards | Listings, comparables, market trends. | Covenant turns the agency's actual rent roll into landlord tasks and evidence packs. |
| PMS / CRM systems | Records, contacts, generic workflows. | Covenant identifies revenue and retention actions inside the managed book you already hold. |
| Valuation reports | Property-level evidence, on demand. | Covenant creates a monthly operating rhythm across the whole portfolio, not one-off PDFs. |
No per-seat games, no usage tiers, no surprise add-ons. The rent-roll audit is a fixed setup; the monthly fee scales linearly with your book. Every figure below shows the founding rate.
Why a third off?The first ten agencies give us something money can't: proof. Your outcomes become our case studies — anonymised unless you choose otherwise — and your feedback steers the console. In exchange, your rate never moves.
A quantified leak report, a ranked action list, your first evidence packs — and a 30-day plan to work them.