PropertyLoop is the world's first commission-free lettings platform
There is no fee payable by the landlord for listing a property on our website.
PropertyLoop is the world's first commission-free lettings platform that allows private landlords to list, let and manage their property without charge.
The following is included as part of our commission-free letting service:
- Free advertising on all major property portals such as Rightmove, Zoopla, and OnTheMarket.
- Free independent tenant referencing
- Free legally compliant tenancy agreement
- Free rent collection service and arrears notifications
- Free deposit registration service or our alternative deposit replacement scheme
If the landlord is NOT a private landlord. (e.g. a Build To Rent company, Managing Agent, Consortium, Property Fund or Property Company), or where the above free inclusive services are not all taken up, a service fee of 5%+VAT (6% inc VAT) of any rent collected from the tenant. This service fee is only payable once a tenant enters into a tenancy agreement.
Other services PropertyLoop offers
Our service fees are inclusive of the following at no additional cost to the landlord:
- The use of the PropertyLoop platform to manage your listings and tenancies
- Access to our Customer Support service
- The cost of registering or administering the payment of the Deposit
- The cost of obtaining independent reference checks on all tenants and any guarantors.
- The cost of setting up and administering a property account for the purposes of rent collection for the duration of the tenancy.
- The cost of listing your property on major property portals such as Zoopla and Rightmove as well as our award-winning PropertyLoop website.
- All credit and debit card charges and banking charges in relation to collecting rent from tenants and sending these funds to the landlords using our state-of-the-art banking technology.
- A fully comprehensive, legally compliant tenancy agreement
- The cost of preparing and filing the agent quarterly and annual HMRC NRL tax submissions for non-UK resident landlords.
Upon request, PropertyLoop can facilitate the following services from our list of accredited suppliers:
- Rent Guarantee & Legal Protection Service – For all eligible tenancies, we will arrange and cover the cost of adding your tenancy to PropertyLoop’s insurance policy to cover Rent Guarantee and Legal Expenses in the event of your Tenant’s failure to pay rent or legal expenses to evict a tenant (subject to terms of the insurance policy www.propertyloop.co.uk/rentprotectionpolicy.)
- The cost of creating a fully comprehensive media pack which may include, but is not limited to a 3D tour, HD video, professional photography, and floorplans.
- various other services including EPC Certificate, EICR Electrical Safety Report, Gas Safety Certificate, Inventory Services, and Viewing Service.
Terms & Conditions apply: Landlord Terms & Conditions Of Business