top of page

Letting Agent’s Campaign to Encourage Rent Rises Backfires

Thousands of people have signed a petition in Bristol after a local estate and letting agency sent a letter to prospective landlords urging them to take advantage of the demand for rental housing in the city by putting the rents up.

******Whoops! Looks like this is an old post that isn’t relevant any more :/ ******

******Visit the blog home page for the most up to date news. ******

Letting Agency Marketing Letter to Landlords “With rents increasing every week in Bristol, it is highly likely your property is due a rent increase. The demand from prospective tenants is far exceeding the number of properties available and we have never seen such a buoyant rental market.”

The letter was to the point and even included a section with advice to landlords on how to get more rent. The marketing campaign backfired in a spectacular fashion.

Community Outrage at Exploitative Letting Agent When word of the letter got out into the local community, ten thousand people came forward to sign a petition accusing the agent of exploiting tenants in the city. Nathan Williams, the man behind the petition, said:

“I was quite shocked to see such a crude and cynical attempt to profit from the housing crisis in Bristol. Estate agents should not be encouraging their landlord clients to raise rents in such a crude way. And the letter itself made no mention of tenants’ rights.”

The letting agency has refused to issue a statement. However, the story does illustrate how many areas are suffering from a severe shortage of available rental housing.


Related Posts

See All

Tenant demand has continued to increase

Sourced Properties Weekly List to Your Email inbox The August sentiment survey by Royal Institution of Chartered Surveyors (RICS) gauging the mood of agents, showed improvement in the lettings market.

Property Down Valued

In a recent survey by Bankrate UK, a mortgage comparison service, questioned buyers about their prospective purchases in the last 6 months in the UK. 46% revealed they had their prospective property d

Will Cardiff House Prices Crash?

House prices in the UK are starting to fall after 8 years of stable growth. This is according to recent house price indices. At the moment prices are still fairly stable, but market fluctuations have


bottom of page