A brand new subscription model for the incoming tenant fee ban has been launched by online letting agency MakeUrMove. With just £12 per month on the ‘Good Landlord’ subscription, landlords will have access to a wide range of services, including Rightmove and Zoopla advertising, tenant referencing, rent collection, legal eviction services, property licence checking, as well as documents and renewals.
“The tenant fee bill is going to affect the whole property industry. The most innovative agents will look to technology to reduce costs. We’re at the forefront of this as the first agent to come out and support the tenant fee ban. As a tech platform, we’re constantly developing and will be adding new features as standard to our package. We want to be a landlord platform rather than a letting platform,” said Alexandra Morris, Managing Director at MakeUrMove.
Moreover, the subscription offers optional bolt ons, such as guaranteed rent for up to six months in the case of a tenant failing to pay and annual gas safety certificates, for a small additional cost.
MakeUrMove conducted a research that showed 25% of landlords and a staggering 85% of tenants didn’t understand the upcoming ban.
“We’re confident that our new subscription model will do this, while providing peace of mind and security for landlords, knowing that they will pay a fixed cost of £12 per month with no prices increases over the term of their subscription, as well as benefiting from referencing, legal eviction cover and renewals included as standard. This whole focus behind these packages is to try and mitigate costs for landlords when it comes to having an empty property, as well as supporting them and reducing the risk of non payment of rent,” explained further Alexandra.
The £12 per month subscription model will be offered alongside a basic package, which will include advertising and one downloadable tenancy agreement. There will also be a standard package offered at a one-off cost of £96, which will also include tenancy documents and deposit lodging, rent collection for 12 months and advertising with the major property portals.