Mashroom is offering landlords an alternative to the use of letting agents by incentivising outgoing tenants to find their own replacements. The company allows landlords to upload properties to its platform, with the tenant offered up to one week’s rent in payment to manage enquiries and organise viewings. In a statement on its website, it said: “While we are not able to comment further at this stage, our intention is that these new services will help us continue to provide high-quality accommodation for all London@@ The system aims to make the moving out process more rewarding for both landlords and tenants, reducing management costs and cutting out the use of third parties.
Mashroom is offering landlords an alternative to the use of letting agents by incentivising outgoing tenants to find their own replacements. The company allows landlords to upload properties to its platform, with the tenant offered up to one week’s rent in payment to manage enquiries and organise viewings. Once a replacement has been found, Mashroom will then conduct all the necessary checks before a tenancy agreement can be signed. The system aims to make the moving out process more rewarding for both landlords and tenants, reducing management costs and cutting out the use of third parties.