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Online estate agent reveals DIY lettings platform for landlords

The self-service lettings platform will sit alongside its existing offering and has been designed to give landlords the option of saving more money.

Robyn Hall

Hello Neighbour

Online lettings agency Hello Neighbour is gearing up to launch a self-service lettings platform that it says will dramatically cut costs for landlords.

The agency was founded in 2018 to combat the lack of transparency and fairness for tenants and landlords in the UK rental sector.

RENEWAL FEES

It already doesn’t charge renewal fees and only bills a one-off fixed fee to the landlord of £1,200 with no additional costs to find and move in a tenant – saving landlords up to 73% of fees compared to traditional high street letting agents.

Its new self-service lettings platform will sit alongside its existing offering and has been designed to give landlords the option of saving more money but still being able to offer quality properties to tenants at the right rental prices.

The self-service option will be priced with a one-off fee of £200 and will include rental valuations; advertising across portals Rightmove and Zoopla; property performance insights; online booking for viewings; online offer negotiation; credit checks and referencing; full property compliance; AST contract creation; first month’s rent collection and deposit registration.

Hello Neighbour’s full service option is priced at £1,200 also as a one-fee with all of the self-service options but also comes with a personal account manager; photography and floorplans; accompanied viewings; managed offer negotiation and inventory check-in.

SIMILAR SERVICE

A similar self-service option from Open Rent is priced at £69 but only includes advertising across portals; AST contract creation; first month’s rent collection and deposit registration.

Richard Jenkins, Hello Neighbour

Richard Jenkins, Hello Neighbour

Richard Jenkins, Hello Neighbour Co-Founder and Chief Execuitve, says: “With the ability to save thousands of pounds – another way of offsetting price rises and increasing mortgage costs – our full-service lettings and property management services are a lifeline for thousands of landlords that want to continue letting their properties in difficult market conditions.

“Hello Neighbour’s soon to be launched self-service lettings platform will provide an even more affordable way for landlords to continue renting good quality properties to tenants at the right rental prices.”

March 11, 2024

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