Introducing the Newest Online Lettings Website Where Landlords Pay Nothing

26 August 2012 Categories: News

Introducing the Newest Online Lettings Website Where Landlords Pay Nothing

This week has seen the launch of yet another online, self-service lettings website, but this one is unique in a very special way…landlords pay absolutely nothing to advertise their properties. Revenue from the site, Tenants4U.com, comes from potential tenants, who are required to pay a £99 referencing fee when they make an application for a property.

Landlords do however have the option of paying just £15 per month for property management services, which include such things as gas safety certificates when required, PAT testing, annual property checks, a 24/7 tenant help line and one emergency call out per year. Understandably it is down to the landlord to conduct property viewings, but what do you expect for just £15 per year.

Managing director of Tenants4U.com, Shereena Lingiah, commented on the workings of the new website saying, “As a landlord myself, I was frustrated that property letting and management were so expensive, when it doesn’t need to be. Every landlord is different and our own research showed that a large number wanted a simpler, more cost-effective solution.

“The key to letting properties is getting them advertised on sites like Rightmove, which landlords aren’t permitted to do directly. With Tenants4U.com, they have a low-cost way to achieve this and a simpler way to let their property.”