Online letting agency launched

An online student property agency has launched a new online letting agency for the wider residential market.

ClickTenant.com uses technology to streamline the entire property lettings service. The business is offering the first let for free for new properties, and a competitive pricing model after that to source tenants and manage landlord’s properties.

Danielle Cullen is the managing director and co-founder of ClickTenant.com.

She said: “We have automated a lot of the arduous administrative processes, making the customer journey more efficient. Viewings and bookings can be managed online, credit checks can be carried out in a few clicks, and an array of additional services can be obtained through instant quoting systems from partner integration.”

Danielle added: “Whilst the market is slightly more saturated compared to the student sector, we see our main competitors as the expensive high street letting agents. Online letting agents still only make up six per cent of the current market, giving huge growth potential.

“ClickTenant.com is also one of few platforms that are heavily tenant focused. We wanted to include dominant and innovative search tools for tenants on the homepage, to encourage more actions to be carried out on our site. Many competitor websites rely solely on partner platforms to generate leads, but we wanted to concentrate on building our own brand and creating a platform that consumers will recognise. ”

StudentTenant.com now lists over 35,000 student bedrooms across the UK. The two businesses will operate from a centralised office.

The new site has different advertising tiers. The basic “Bronze” package offers advertising on major property portals Rightmove and Zoopla, and a credit check on all incoming tenants. The first let will be free for all properties, and the business will only charge a success fee thereafter - unlike many platforms where up front fees are required to advertise. The new business can also assist with the formulation and signing of tenancy agreements online, deposit collection, and full property management including British Gas Maintenance Cover, all at a fixed price.

Simon Vaughan, another co-founder said: “Although ClickTenant.com is a new venture, we have a wealth of experience in operating a national online property business. Our team have been doing this successfully in the student sector for a number of years now.

“We see huge potential for growth in what we are offering. What landlord wouldn’t want to advertise their property on all of the major portals for free, and have the tenant credit checked? We are also able to offer full letting agent services, at a price that we haven’t found anyone else to be matching.”