Online ‘agency’ offers £29 monthly property management 

Online ‘agency’ offers £29 monthly property management 


Todays other news
It's made 18 acquisitions so far - with more to...
The data has been analysed by Reposit...
A building society has canvassed investors...
This marks the second month running that annual growth has...
Futuristic robot holding a house model for property management.

An online service is offering landlords the opportunity to have properties managed for £29 each, per month.

Lettance describes itself as an AI agent for landlords in England who manage their own homes. 

Advertisement

It’s launching officially on Monday and the creators tell Letting Agent Today: “Small landlords can now choose something between doing it all themselves and paying an agent a share of the rent.”

Advertisement

Each home gets a private email address and web link for its tenants. 

Advertisement

Lettance sorts each message by type and urgency, then prepares a reply or a repair job for the landlord to check. 

Replies, contractor messages, rent reminders and notices wait for the landlord to approve the exact wording.

Advertisement

It also reads gas, electrical and energy certificates, keeps rent records and fills a pack of answers for the register. 

Council licensing is checked against 293 of the 296 English councils, with the source behind each answer.

Advertisement

It costs £29 a home a month, with no percentage of the rent. 

But the creators say the service does not find tenants, attend viewings or give legal advice, and it does not seek to replace a letting agent’s physical service.

You can see its website here: https://lettance.com/check

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Letting Agent Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Recommended for you
Related Articles
The data has been analysed by Reposit...
Man struggling with red ribbons wrapped around his head and body.
A building society has canvassed investors...
Graph with upward arrows indicating market growth and success.
This marks the second month running that annual growth has...
A range of measurements show broad unhappiness with the rental...
Landlords are selling up and rents are rising as a...
A new tenancy cannot be ended for the purposes of...
It's applied to the social housing sector for a year...
Recommended for you
Latest Features
It's made 18 acquisitions so far - with more to...
The data has been analysed by Reposit...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

0
Would love your thoughts, please comment.x
()
x