Purplebricks, the UK-based online estate agency, recently announced plans to exit the lettings business. This move was part of a larger restructuring plan to focus on its core business of selling and buying homes. But what does this mean for Purplebricks’ remaining lettings business? Here, we take a look at the future plans for Purplebricks’ lettings business.
First, Purplebricks has said that it will continue to provide lettings services to existing customers. This means that landlords and tenants who are already using Purplebricks’ services will still be able to do so. However, Purplebricks will no longer be taking on new lettings customers.
Second, Purplebricks is in the process of transferring its existing lettings customers to other providers. The company has said that it is working with a number of different providers to ensure that its customers have the best possible service. It is also offering customers a free transfer of their tenancy agreement to another provider.
Third, Purplebricks is also looking into ways to help its existing lettings customers find new tenants. The company is exploring options such as offering discounts on its services for landlords who are looking for new tenants.
Finally, Purplebricks is also looking into ways to help its existing tenants find new homes. The company is exploring options such as offering discounts on its services for tenants who are looking for new homes.
Overall, it is clear that Purplebricks is committed to helping its existing lettings customers transition to other providers. The company is also looking into ways to help its existing tenants and landlords find new homes and tenants. With these measures in place, it looks like Purplebricks’ remaining lettings business will be in good hands.