RentGuarantor (RGG) has reported a strong start to 2026, with revenue rising 105% year-on-year in Q1, ahead of company forecasts and driven by a sharp increase in tenant contracts.
The company said performance for the three months ended 31 March 2026 exceeded expectations, and, if momentum continues, full-year revenues are likely to come in ahead of current market forecasts. Growth was supported by higher marketing activity and demand ahead of the Renters' Rights Act, due to be implemented on 1 May 2026.
Tenant contract volumes increased significantly during the period, with 583 more contracts signed than in the same quarter last year. This reflected both strong execution from the sales team and growing awareness of professional guarantor services across the UK rental market.
During the quarter, the company also signed a two-year strategic partnership with the National Residential Landlords Association, providing access to over 111,000 members and supporting landlord education initiatives. Meanwhile, RentGuarantor expanded its commercial reach by onboarding 139 new lettings agents, charities, councils and universities.
The company extended its partnership with Rob Rinder MBE to further promote awareness of guarantor services, while launching a new website aimed at improving user experience and conversion rates.
RentGuarantor also entered into a licence agreement with mydeposits to develop a rent deposit product alongside its core offering. This is expected to enhance its value proposition by combining deposit protection with rent guarantee services.
Looking ahead, the company continues to invest in its technology platform, including the development of in-house artificial intelligence infrastructure. This is expected to significantly increase processing capacity over time, with the potential to handle about 100,000 contracts annually by 2029.
RentGuarantor CEO Paul Foy said the quarter was “another fantastic period”, with revenue more than doubling year-on-year and growth surpassing expectations, adding that strong demand and marketing momentum position the company well to exceed full-year projections.
View from Vox
RentGuarantor’s Q1 update highlights accelerating demand and strong execution, with growth comfortably outpacing prior quarters. Meanwhile, partnerships with the NRLA and mydeposits add strategic depth, while investment in AI signals a clear focus on scalability. Going forward, the key will be sustaining this momentum as regulatory changes reshape the rental market.