How it Works

We are offering ‘hassle free letting’. At a very basic level; we lease the property from you for 3 years and become your perfect tenant. If needed, we bring the property up to the requirements of our customers, who are young professionals. We rent the rooms on individual AST’s and take care of everything. As we’re your tenants you will only ever have to deal with us.

When renting a property there are of course lots of variables to consider – as you can see from the chart below. Too many hidden costs eat away at your monthly profit. At the end of the day you ask yourself ‘why you are doing it?’

We start paying you your guaranteed rent as soon as the property is ready to let. This could be from the day we sign the lease or as soon as any refurb is carried out.


When most of our landlords take advantage of our service and benefit from it, we have found they never leave us. Instead they choose to extend their contracts over and over again. We work hard to consistently retain the best standards in all areas.

We are not like high street agents – in fact we couldn’t be more different! Can you imagine a high street agent offering to refurb your property or arranging a fortnightly cleaner or a gardener? We take such great care of the properties that they are often in better condition on the rare times that we are asked to return one to the owner!

How do we do it? Well for one thing, we don’t have the overheads most agents have


We understand the importance of selecting only the best quality tenants for the property. All of our tenants are young professionals who are thoroughly vetted prior to moving in. After all, from day one we are responsible and will deal with any lost rent, potential damage or misbehaviour. We also handle all calls, emergencies and in fact ALL tenant issues! You will never again have to worry about voids. A recent survey by Spare Room showed that most properties have a void period of at least 6 weeks per year!

Too Good to be True??

Some Landlords have initially said no to us as they can’t see where we would make our money, and experience has taught them how tough this industry can be!

It’s a simple concept – this is how we do it;

  • With all the benefits and guarantees we offer, we pay you a reduced rate.
  • As you can see from the above chart, you actually earn more at the end of the month.
  • We become completely responsible for management, with all/any risks.
  • The high end service we offer attracts slightly higher rents
  • We collect the rent, pay you, pay the utilities, and our profit is the difference.
Our Guarantee to You

  • You will ALWAYS get paid even if the property should be empty.
  • Money will arrive in your bank account on the same day every month.
  • We will never charge you any fees or commission.
  • There will never be any sneaky ‘hidden’ or ‘unforeseen’ costs.
  • We will take great care of your property.
  • You will at last have a truly ‘Passive Income’


So that’s it in a nutshell.

Of course there’s more to it - too much for here, but covering:

Safety Legislation (Gas safety, PAT certification, furniture/fire regulations, smoke/carbon monoxide detectors), Deposits, Insurance, Inventory, Inspections, Maintenance, Legal, Complaints.

If you haven't already; take a look at our short video which helps to explain things.

Get in touch with us today for a chat, with any queries or to arrange an appraisal of your property




Copyright © 2017 - Spencer Lettings

Spencer Lettings Limited  
Company No: 02785015
Registered address: Park Farm, Bawdeswell, Norfolk, NR20 4AA



Copyright © 2017 - Spencer Lettings

Spencer Lettings Limited  
Company No: 02785015
Registered address: Park Farm, Bawdeswell, Norfolk, NR20 4AA