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Lettingsupermarket.com is the latest online agency to seek investment cash via crowdfunding, seeking £250,000 in return for 20 per cent of the company's equity.

The online agency offers what it calls a fully comprehensive letting and management service at a market leading rate of 4.0 per cent. With additional services, its fee may of course be higher.

The company, set up in 2013, differs from many online offers by sending a representative to visit a property before it is let and to offer a rental valuation.

Its packages to landlords include different ranges of marketing and assistance with EPCs and other administration, and also includes one option featuring rent guarantees. The firm also offers photography and floor plans to clients.

For its latest finance-raising activities it is using Crowdcube, a platform which appears to be popular with online agencies - rival lettings service easyProperty has used it to raise around £1.4m in the recent past, while EstatesDirect is currently seeking £1.25m of which some £886,000 has already been achieved.

As of this morning, lettingsupermarket.com had achieved £94,570 invested - about 37 per cent of its £250,000 target witrh around seven weeks remaining. Its biggest single investment to date has been £35,000.

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