Market Trends
October 6, 2025

5 Things to know when setting up your own lettings businsess

Ready to run your own lettings business? Here are 5 things every future agency owner should know before starting.

5 Things to know

A lot of people working in lettings dream about running their own agency one day,  but most don’t know where to start.

Having helped a growing group of franchise partners make that leap, here’s what we’ve learned matters most:

You don’t need to reinvent the wheel

The lettings model is proven - what makes the difference is your systems, support, and brand. Going independent doesn’t mean doing it alone.

Cash flow is king

Most new agents underestimate the early-stage revenue curve. It takes time to build up a managed portfolio, so you need a solid plan and the opportunities and support for you to accelerate growth.

Relationships = listings

The best growth comes from trust, with landlords, investors, and other local partners. Reputation and consistency win far more over time than quick deals done on price competition.

Compliance is non-negotiable

The industry’s regulatory landscape is complex - training, systems and support here save huge headaches later. Get this right from day one. Ensure your systems not only monitor compliance but help you stay on top of all aspects.

Support accelerates success

Whether it’s marketing, systems, or funding for book acquisitions, having experienced backup means you grow faster, with less cost and stress.

If you’ve ever thought about running your own lettings business, but want to do it with a proven model and full support behind you, that’s exactly what Let Correct was built for, whether you are new to the market or already running your own business independently.

Contact us here and we can send you an information pack explaining more.

October 6, 2025