Traditional letting vs Let Haven
A side by side look at what you get, what you pay and how involved you need to be.
Traditional letting
Tenants occupy the property under a tenancy agreement.
Letting agents may be used for management.
Ongoing involvement is often required.
Typical Characteristics:
- Agent fees of 10 to 15%
- Voids and arrears are your loss
- Tenant problems are yours to deal with
- Tenancy rules under the Renters' Rights Act apply
Operator-led property arrangements
Some landlords choose to work with operators who take control of the property for a defined period.
This approach can reduce involvement but varies widely depending on the operator.
Typical Characteristics:
- Terms and structure vary
- Standards can differ between operators
- Level of oversight is not always consistent
The Let Haven approach
We run your property as fully managed accommodation for contractors. You keep the income after running costs and our fee.
Typical Characteristics:
- You keep the income
- Our fee is a share of what the property earns
- No income means no fee
- No tenants, so tenancy rules do not apply
- Fully managed and maintained for you
- Clear statement every month
- Fixed rent available for some properties
At a glance
Traditional Letting
Operator-Led (General)
Let Haven
Choosing the right approach
If you want to be hands-on and choose your own tenants, traditional letting may suit you. If you want the income without the involvement, Let Haven is built for you. If you would rather have a fixed amount every month, ask us about fixed rent.