Purplebricks - Fully Managed Lettings

josh1924

Hi all,

Has anyone had any experience of using Purplebricks to manage a buy to let? I'm looking at their fully managed service and it certainly looks appealing.

Thanks

marksoton

Nope. But if it looks too good to be true it probably is.

Thrugelmir

Quality of the local agent is the key. Like any business relationship dip your toe in the water and find out.

G_M

I've never used them (and also only ever use agents for Tenant-find), but read this:

* Letting agents: how should a landlord select or sack?

tom9980

Similar price to local agents so how is that a saving? there are much cheaper options if you only want a tenant find such as openrent, upad and others around.

altec_09

I thought I'd share my experience that I have put on trust pilot:

Beware! Terrible service and tie you into useless conveyancers/solicitors

Purple Bricks are only interested in getting a property listed and not in selling it. You'd be better off advertising it yourself. They make you use PLS solicitors who are useless and extremely expensive for both selling and purchasing. If you want to use a different solicitor/conveyancer you have to pay an additional fee of £360 to purple bricks.

I would advise anyone outside of an expensive area where it might save you a bit of money to go elsewhere.

I wouldn't believe all of the positive feedback on here, I can't for a second trust that it's genuine.

sheff6107

Purple Bricks are only interested in getting a property listed and not in selling it. You'd be better off advertising it yourself.

That's the whole point of an online agent??!

They list it on Rightmove (which you can't do yourself) and you sell it by doing the viewings yourself (and if you're smart getting your own printed brochures produced to give to viewers).