An online letting agent is giving away free listings on Rightmove and Zoopla.
Landlords can take up the offer, regardless of whether they sign up to the firm’s management service, charged at 10%.
Landlords also get 12 months’ rent upfront, while tenants can choose to pay no fees, deposits and rent up-front. However, those that take this option pay an extra 10% on top of their rent over the course of their contract.
LetMe CEO Sam Wells said: “We’ve torn up the lettings industry, given it the Silicon Valley treatment and started again.
“We’ve turned an old, stale and cumbersome process into a fast, efficient and radical solution that puts money straight into the pockets of landlords.
“We’re the first agency in the UK to make letting property completely risk free and pay 12 months’ rent upfront. This is a game-changer.
“My advice to landlords is, either be a private landlord, or use us. Never use agents again.”
The firm, which launched last year, also offers free referencing of all tenants, and guarantees the condition of the property on the tenant’s departure. It says it never makes money out of maintenance.
A spokesperson told EYE: “LetMe makes money if the landlord chooses to sign up to the 10% full management package which includes the 12 months rent upfront and the property condition guarantee. However, landlords are under no obligation to rent through us in order to use the free listings service, although we do believe we have an excellent product.”
The firm, which belongs to ARLA and TPO, is backed by fin-tech entrepreneur James Benamor, owner of Amigo Loans, a guarantor lender.