Upad, which calls itself a ‘self-service lettings agency’, says it will be changing the face of lettings in 2012 after seeing a fivefold increase in business.
The ARLA Licensed firm says it “will continue to revolutionise the world of lettings, moving away from traditional high street agencies and extolling the virtues of self-service online letting from as little as £99 plus VAT”.
The firm says it has over 500 properties across the UK currently available to let, the equivalent of 15 to 20 traditional high street agencies’ stock, and approximately 20,000 tenant inquiries per month.
Founder James Davis said: “The rental market in the UK is enjoying a resurgence, with online lettings in particular booming.
“We have seen a fivefold increase in the number of rental properties listed online from around 500 in April 2010 to 2,600 in October 2011.
“With this extraordinary growth in mind, Upad offers the leading alternative to high street letting agencies.
“The properties available are highly visible online, with landlords being put in direct contact with potential tenants, enabling them to conduct viewings themselves which is often preferable, and save a considerable amount on agent commissions and ongoing management costs.”
Upad enables its landlords to list their properties on all the major lettings sites, including Rightmove, FindaProperty and Zoopla.