Lettspay has launched a new pricing model aimed at helping letting and property management agents reduce costs while maintaining full access to the platform’s automated accounting services.
In addition to its existing flexible pay-as-you-go model, Lettspay is now offering agents the option to bulk-buy services through a new “property credit” system.
Agents can pre-purchase monthly credits – one per active property – and receive a 15% discount on standard processing fees.
The new structure is designed for agents with stable or growing portfolios who are looking to drive efficiencies and better manage their financial planning.
THREE-YEAR PRICE FREEZE
Importantly, the new pricing structure comes with a three-year price freeze, providing long-term protection against inflation and contract cost increases.
Lettspay has also introduced flexible financing options to ensure that agents who may not wish to pay upfront can still take advantage of the bulk discount.
Matthew Gibbard (main picture), Commercial Director at Lettspay, says: “This new pricing offering sits alongside our existing commercial arrangements and has been brought in as a response to agents telling us that they would like the security of a long-term fixed cost that enables them to plan.
“Agents who grow can extend the size of their ‘property credit’ bundle at the same discounted rate, making the offering even more attractive.
“The ‘one credit’ per ‘active property’ per month makes budgeting and reporting easier and can reduce corporation tax liabilities as it is offset against company profits.”
UPDATED PRICING MODEL
Lettspay’s updated pricing model arrives as the platform continues to grow its presence in the UK property sector.
The company was recently accredited as an official supplier to industry body Propertymark and has been showcasing its platform at regional conferences around the country. Feedback from agents on the new pricing proposition has been described as “excellent.”
