PlanetRent launches partnership with LegalforLandlords - Mortgage Introducer
20/11/2020
Author : Mary-Anne Bowring/Mortgage Introducer
Introduction to the PlanetRent and LegalforLandlords Partnership
PlanetRent, an automated lettings platform, has teamed up with LegalforLandlords, a trusted legal service provider, to assist landlords in navigating their legal obligations. The collaboration aims to offer seamless access to legal support and advice through PlanetRent’s platform, making it easier for landlords to manage their properties while staying compliant.
What is PlanetRent?
PlanetRent, developed by residential property consultancy Ringley Group, is an innovative platform that automates key lettings processes such as compliance, marketing, and tenant management. This technology-driven solution helps landlords save time and reduce human error in managing their properties, ensuring smoother operations throughout the lettings process.
LegalforLandlords: A Reliable Legal Support Partner
LegalforLandlords is a legal service provider offering support to landlords for a wide range of issues, from basic legal matters to more complex situations such as dealing with difficult tenants. They operate out of Warrington and have an in-house legal team, along with partnerships with trusted organizations such as the Financial Conduct Authority (FCA) and Equifax, ensuring comprehensive, reliable legal advice and assistance for landlords.
How the Partnership Benefits Landlords
This partnership ensures that landlords using PlanetRent can easily access LegalforLandlords' services directly from the platform. Whether a landlord is dealing with tenancy disputes, eviction procedures, or general compliance queries, they now have access to expert legal advice, ensuring they are well-supported in all aspects of property management.
Enhancing the Landlord Experience with Technology
Through automation and integration with LegalforLandlords, PlanetRent offers landlords a more efficient and streamlined experience. With automated processes in place for everything from marketing to compliance, this partnership brings together the best of technology and legal expertise, creating a powerful tool for landlords of all sizes to manage their portfolios effectively.
Future Growth and Innovations
The announcement of this partnership comes just a month after PlanetRent’s collaboration with The360View, which offers virtual tours of rental properties. With these continued innovations, PlanetRent is positioning itself as a key player in the lettings sector, continually enhancing its platform to meet the evolving needs of landlords.
Under Offer: This term applies to a property where the landlord is considering an offer but remains on the market. It implies that further offers may still be considered until the landlord formally accepts or declines the current offer.
Let Agreed: This term indicates that a landlord has provisionally agreed to enter into a rental agreement with a prospective tenant, pending additional checks and referencing. It doesn't require the prospective tenant to have paid a holding deposit.
Let: This term signifies an established binding rental agreement between the landlord and tenant.
For both lettings and sales, the guidance addresses additional terms:
New On The Market: This term is used for a property not advertised since its last sale or rental. It should only be used for a brief period.
New Instruction: It applies to a property assigned to an agent for marketing recently, even if it was previously listed with another agent without being sold or rented.
New and Exclusive: This term refers to a property that is either new on the market or a new instruction, exclusively available through a specific agent or portal.
New Method of Sale/Let: This term is used when a property is being marketed for sale or rent using an alternative approach to the original advertisement, such as transitioning to an auction or sealed bid.
Reduced: This term indicates that a property's price has recently been reduced. The reduction should be genuine and comply with the Chartered Trading Standards Institute's guidelines on pricing practices.