Landlords often ask us how to switch from their current letting agent to OpenRent. It’s really simple.
OpenRent’s Transparent Pricing
Here I have paired our services with the closest equivalent service from Upad so you can quickly decide which service you need when switching to OpenRent.
All our fees are one-off, upfront fees including VAT.
|Light Advertising | £0
Advertise for free on OpenRent
Viewings and enquiry organiser
Completely free with no hidden costs
|Ultimate Advertising | £49
Advertise on Rightmove and Zoopla
|UChoose | £149
Advertise on Rightmove and Zoopla
|Rent Now | £69
Full tenancy creation service
Digital contract drafting and signing
|UChoose Plus | £298
|Mixed Services | £321
|Fully Managed | £1,895
Advertising on Rightmove and Zoopla
*Assuming three viewings and three tenant referencing checks and an 18-month tenancy.
Creating a New Tenancy with OpenRent
If you are creating a new tenancy, then you just need to decide which of the above services you’d like to use. You can create your advert for free here.
Renewing a Tenancy with OpenRent
If you already have tenants in your property, and just want to issue a new tenancy agreement, it’s very easy.
You can buy our tenancy creation package, which is called Rent Now, to create a tenancy. It is a one-off fee of £69 and future renewals are completely free.
Here is a step-by-step guide:
- First, create a free listing on our site (which takes about 3 mins)
- When your advert is live, ask the tenants to click the Rent Now button on the advert and place a holding deposit.
- You will get a text with instructions on how to accept the holding deposit.
- You will be asked if you’d like to reference the tenants. If you don’t want to, simply skip this stage.
- Finally, you’ll proceed to the tenancy deposit and contract stages. Everything is handled digitally by us.
The whole process is here.
Moving an Existing Tenancy to OpenRent
If you have a tenancy in progress, but want to move it onto OpenRent, we can do that too!
- Go to our site and create an account (this is very speedy!)
- Then go to this page
- Fill in the details of your tenancy
- Press save
This is totally free and as soon as you add your tenancy to OpenRent, you’ll benefit from being an OpenRent landlord.
You’ll receive our tenancy support emails and newsletter, keeping you up to date with new laws and regulations. We’ll send you reminders when your gas safety certificate or EPC is due to expire.
But the real magic starts when you need to create a new tenancy. With your current tenancy already added to your OpenRent account, it’s so quick and simple to create a new OpenRent tenancy.
FAQs for New OpenRent Landlords
I Want OpenRent to Collect My Rent
OpenRent offers rent collection to all Rent Now tenancies. We’ll collect the rent every month and pass it straight on to you. Unlike other agents, we don’t charge a percentage fee. It’s all included in the £69 Rent Now price.
The only way to get rent collection is to create a new Rent Now Tenancy.
I Want OpenRent to Manage My Ongoing Tenancy
We have a great range of services, but we don’t claim to offer a ‘full management’ service. There are a few reasons for this, but mainly we think that management services are terrible value for landlords. You pay every month without getting very much back at all.
Instead, you can get individual services when you need them, at fantastic prices, without a letting agent adding a fat markup.
- Rent Guarantee Insurance
- Gas safety certificate
+ many more.