Letproof Blog

Letproof Blog

Welcome to the Letproof.com blog. We aim to bring you up to date on things happening in the property market.

 

The Autumn Statement today announced the news that letting agent fees for tenants will be banned. Letproof.com offers a clear alternative for both landlords and tenants.

The move is said to save 4.3 million UK households an estimated average of £337 in fees, and follows Scotland’s ban on tenant admin, reference and credit fees.

For tenants, at least in the short-term, the ban will be welcomed, but the National Landlord Association among others are warning that this could result in increased rents in the long-term.

The costs will be shifted to Landlords inevitably pushing up rents, which will once again affect tenants.

An alternative for both landlord and tenant is a more transparent, flexible and cost effective option. Enter Letproof.com – as brand new property letting community we match tenants and landlords directly. Our social media style portal is completely free for tenants, and uses a daily pricing structure from 10p a day for landlords to list their property. There’s no sign up fee or long-term commitment and as the site grows it’s currently free for landlords too!

This exciting start-up is growing organically and aims to revolutionise the future of letting. 

 

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