Fixflo has released its brand new free tool, the Letting Fees Ban Calculator, which is now available to use online.
There isn’t a lettings professional in the country who will be unaware of the proposed letting fees ban and the potential impact it could have on their business and profits. When letting fees contribute significantly to overall profits, it’s important to find out just how much the ban could affect you.
This is where Fixflo’s Letting Fees Ban Calculator comes in. All users need to do is enter information such as the number of properties they manage, the average length of tenancy and their average letting fee in order to see how much they rely on letting fees. They can then use that information to start making plans to reduce the shortfall.
Rajeev Nayyar, Fixflo’s Managing Director, said, “The letting fees ban is dominating industry discussion, with many agents unsure of how it will affect them in the event of the ban going ahead, as it now looks as though it will do. The Fixflo Letting Fees Ban Calculator has been designed to give them a good idea of how to begin planning for the future today.”
The Letting Fees Ban Calculator is available on the Fixflo website now.