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Developer launches unusual ‘profit for purpose’ lettings agency

Stockport developer Three Sixty says all the profits from its new venture will go to local good causes in Great Manchester and Cheshire.

Nigel Lewis

crick charity

An unusual charity-focused lettings agency has launched in the North West of England that hopes to give its more commercial rivals a run for their money while also raising substantial amounts of cash for local good causes.

Called Three Sixty Living, it has been set up by Manchester property developer and block management giant Three Sixty.

The agency has now officially launched after several months in development and has ten properties listed on Rightmove, and is offering its service to landlords within Greater Manchester and Cheshire including a guaranteed rent package.

Its operation is based within the corporate HQ of parent company Three Sixty in Stockport but says there are no plans for a high street presence.

The letting agency, which is headed up by Emma Crick (pictured), also includes two staff recruited from local lettings agencies including Edward Mellor. Its spokesperson says the company is designed to be a ‘profit for purpose’ business and will be operating solely in the private rented sector.

Block management

Parent company Three Sixty is a major block manager in the region and has over 12,500 properties under management within the social housing sector.

It raised over £300,000 for good causes locally so far including a scheme to provide furniture to social housing tenants and helping finance local ‘social supermarkets’ and ‘social pantries’, both of which are becoming the preferred term for food banks.

Three Sixty says it hopes the new lettings business will substantially increase its fund-raising capability and help fund more good causes.

Read more about charity-focused agents in the UK.

September 24, 2020

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