If you are a thrifty landlord looking to let your property; you’ll almost certainly be pleased to know that you can now bypass traditional high street agents and get your property listed on Rightmove, Zoopla, and OnTheMarket for just £1! “One pound”? “Surely not”?

Well it’s true! Every word of it. Well, for seven days at least. But that might just be all you need! Here’s everything you need to know about this brand new service.

£1 letting service from Portico

Technology has thrived during lockdown, playing a vital role in keeping people connected and the property industry moving. Online viewings, virtual tours, electronic signatures, you name it, tech made it possible. So, if the pandemic has taught us anything, is it that there’s a way around pretty much everything in this digital age?

Well, London estate agency Portico think so, and have just stepped things up a notch by digitising the lettings process even further with the launch of Portico Direct – an online, low-cost  lettings service for private landlords who are looking to rent out their property without the use of a traditional high street agent.

How does Portico Direcr work?

For the sum of £1, Portico Direct allows landlords to advertise their properties for seven days on their portal – also getting them listed on Rightmove, Zoopla and OnTheMarket. Once landlords have uploaded their photos, they can conduct the property viewings themselves, either in person or digitally. And if the property is not let after seven days; a £19 package will extend the service for fourteen days. Not bad hey?

Due to tougher regulations, static rent prices and tax changes – we all know that most landlord’s profits are probably being squeezed right now. So, this service really couldn’t have come at a better time.

“We hope that Portico Direct will be a solution for private landlords who want to rent out their property without using a traditional high street agent and keep costs down; ultimately, our new offering means private landlords are able to find the right tenants quickly and cost-effectively and, as long as they don’t mind doing some of the legwork, enjoy a better return on investment as a result.” ~ Robert Nichols, Portico CEO

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