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PropTech and agency launch 9% lettings management service – London Wallet

Mark Helprin by Mark Helprin
October 16, 2024
in Real Estate
PropTech and agency launch 9% lettings management service – London Wallet
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GetGround has launched a lettings and management service to equip landlords and investors with the complete toolset they need to manage tenancies – from finding tenants and signing leases, to maintaining buildings and optimising rent for profitability.

The GetGround Lettings and Management service offers nationwide coverage for all types of buy-to-let properties. The service is priced at a flat fee of 9% of monthly rent (plus VAT).

Creating a Lettings and Management service was the last ‘piece in the puzzle’ for GetGround to deliver a truly all-in-one property investment experience for landlords and investors.

This launch follows a period of significant technological development by the company to accommodate a greater variety of investors and to support them through every step of their investment lifecycle.

Some 30,000 landlords and property investors now use GetGround to manage close to £2bn of UK rented property, and a third of them already subscribe to at least two of the company’s individual services.

Moubin Faizullah Khan, co-founder & CEO of GetGround, commented: “A driving force behind everything we do at GetGround is to make property investing a better business experience. For us, that means cutting out the pain, wasted time and cost incurred managing the different elements of what it takes to be a landlord in multiple different places. With this launch, GetGround is a considerable step closer to becoming the Superapp of property investing.

“We remain the only company that provides landlords and investors with one central digital destination to find high quality products and services and equip themselves with everything they need through the whole investment lifecycle. Every day we’re reducing time, cost and effort for thousands of our customers who add more and more of their properties to our platform as their trust in us grows.”

GetGround Lettings & Management is a service launched in partnership with Leaders Romans Group (LRG).

GetGround and LRG became partners in Autumn 2022 when LRG joined GetGround partnership network, enabling LRG’s landlords to invest in property through a GetGround limited company. Such was the success of this early partnership, the parties have collaborated closely to bring to market a lettings and management service that speaks directly to what today’s landlords need and value.

Faizullah Khan added: “We are incredibly fortunate to have found such great partners in the LRG team. LRG and GetGround share similar values in terms of how technology improves the landlord experience. By embracing digital innovations and marrying them with hands-on practical knowledge gained over decades in the business, together we have a great opportunity to make property management a pleasure for landlords and tenants alike – something few in the industry will have experienced thus far.”

Justine Edmonds, head of Build To Rent at Leaders Romans Group, commented: “Together, we are committed to providing landlords and investors with the highest quality services to make the experience of sourcing tenants and maintaining their properties as effortless as possible. We are thrilled to bring our services to many of GetGround’s 30,000-strong community.”

 





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