How much can I save by being with RentiD?

RentID

How much can I save by being with RentiD?

By RentiD Admin

RentiD is cost effective enough to run alongside your current agent if you feel they are doing a great job but want more control.

However, we believe you can save over £1,000 per property per year with RentiD versus going to a High Street lettings agent. We’ve based this calculation on the UK average monthly rent of £996 pcm (source: Homelet Rental Index May 2021), a management fee of 10% and purchasing some essential, mandatory items like an electrical and gas safety inspection.

For properties inside of London where private rents average £1,596 pcm and some High Street lettings agents are charging upwards of 22% fees, your savings could run to over £4,000 per year.

In terms of a tenant finding only service, we can help you easily save over £1,000 per property per year versus going to a High Street lettings agent. We’ve based this calculation on the UK average monthly rent of £996 pcm (source: Homelet Rental Index May 2021), a tenant fee of 10% of the annual rent and the additional ‘admin’ fees charged by agents that cover referencing, contracts and dealing with move-in monies.

Even versus other online agents we can help you save. With RentiD you can list your property on Rightmove, Zoopla and PrimeLocation for less than the price of a most of our competitors. Not to mention you are getting access to our Digital Assistant app as well.

Share this