What LP PROPERTY LETS LIMITED does

LP Property Lets Limited is a UK-private residential lettings agency headquartered in Weston-super-Mare, North Somerset, operating across Bristol, North Somerset, and Somerset (including Bath). The company serves private landlords and tenants with three tiered landlord services: Finders Only (50% of first month's rent, minimum £275), Letting and Rent Collection (7% of monthly rent plus £200 setup), and Full Property Management (10% of monthly rent plus £200 setup). Tenant-facing fees are structured to comply with the Tenant Fees Act 2019, using holding deposits (one week's rent) and security deposits (five weeks' rent for tenancies under £50,000 per annum). Add-on services include property renovation and refurbishment management, Airbnb and holiday let management, and free rental valuations.

The underlying technology is a standard WordPress-based property listing website with Google Analytics, Google Ads, and Google reCAPTCHA integrations — there is no proprietary technology, developed software, or AI/ML capability. Distribution is sales-led and hyper-local: the website functions as a top-of-funnel property search portal, with Google Ads driving traffic, phone and email enquiries converting landlord valuations, and reciprocal referral partnerships with two mortgage advisors (Kingsbridge Mortgages and HQM) generating mid-funnel leads. The agency is a member of the mandatory regulatory frameworks — Client Money Protection, Property Redress Scheme, and Deposit Protection Service — and operates with 1–10 employees under founder and Managing Director Luke Patch, who has over a decade of prior industry experience.

The client base appears to be a long tail of small private landlords and individual tenants, with named case studies describing SMB and mid-market property investors (including a holiday-let portfolio owner and a multi-property rental owner). The website shows 17 properties with 'let agreed' status, and no revenue, headcount, or growth metrics are publicly disclosed. The company has no external funding, no parent entity, and no evidence of inorganic growth plans.

Name

LP PROPERTY LETS LIMITED

Legal name

LP Property Lets Limited

Website

https://lppropertylets.co.uk

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

LP Property Lets is a small UK residential lettings agency based in Weston-super-Mare, providing tenant finding, rent collection, and full property management services to private landlords and tenants across Bristol, North Somerset, and Somerset.

Ownership category

akta.pro rank

Product category

Residential Lettings and Property Management

NAICS

Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Buyer Representation Services (BPAJAAAJ)

Keywords

• Residential lettings services
• Property management
• Tenant placement agency
• Rental property agency
• Letting agent services

Headquarters

HQ city

Weston-super-mare

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Landlord Management Fees: Fees charged to landlords for property management services, calculated as a percentage of monthly rent. Three tiers: Finders Only (50% of first month's rent), Letting and Rent Collection (7% of monthly rent), and Full Management (10% of monthly rent).
2. Tenant Fees: Compliant with the Tenant Fees Act 2019, the company charges tenants a holding deposit (one week's rent) and security deposit (five weeks rent for tenancies under £50,000/year).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

LP Property Lets is a residential lettings agency providing tenant finding, rent collection, and full property management services to private landlords across Bristol, North Somerset, and Somerset. Services are offered in three tiers: Finders Only (tenant placement), Letting and Rent Collection, and Full Management, with additional offerings in property renovation management and short-term/Airbnb letting management.

Product overview

LP Property Lets operates as a residential lettings agency offering three tiered service levels: Finders Only (50% of first month's rent), Letting and Rent Collection (7% monthly), and Full Property Management (10% monthly). Additional services include property renovation management, Airbnb/holiday let management, and free rental valuations. The company covers North Somerset, Somerset, and Bristol areas, managing a diverse portfolio of residential properties for private landlords.

Differentiator

Problem solved

Functional benefit

Products and services

• Finders Only A tenant finding service for landlords including free valuation, advertising across multiple media platforms, accompanied viewings, full referencing, tenancy agreement preparation, deposit protection, inventory, and check-in services. Priced at 50% of first month's rent with a minimum fee of £275.
• Letting and Rent Collection A managed lettings service covering tenant finding plus ongoing rent collection, monthly statements, and property maintenance coordination. Priced at 7% of monthly rent plus a £200 setup fee.
• Full Property Management Complete end-to-end property management including tenant finding, rent collection, quarterly property inspections, maintenance management via insured contractors, and tenant move-out coordination. Priced at 10% of monthly rent plus a £200 setup fee.
• Property Renovation Services Property renovation and refurbishment management services ranging from minor maintenance to full property makeovers, managed by the agency using insured contractors.
• Airbnb and Holiday Let Management Short-term rental and Airbnb property management services for landlords, including guest management and property oversight.
• Rental Property Valuation Free professional assessment of rental property value, providing landlords with accurate market pricing recommendations.

Named customers4 records

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor and core.

• Lisa Black-Borow (Kingsbridge Mortgages)minorGTM or Marketing PartnerHighly rated mortgage advisor recommended to customers. Remote, flexible appointments available. Provides specialist mortgage advice for first-time buyers, home movers, remortgages, Help to Buy, buy-to-let, and further advance. Contact: [email protected] / 07525723036
• Kallum Gavin (HQM)minorGTM or Marketing PartnerFee-free mortgage advisor providing whole-of-market independent advice. Specialising in all markets from first-time buyers to portfolio landlords. Contact: [email protected] / 07415846066
• Deposit Protection Service (DPS)coreOthersGovernment-approved tenancy deposit protection scheme. All deposits are registered within the legal timeframe and fully protected.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Savills: Global real estate services firm with a substantial UK residential lettings and management business across major regional markets. Competes for the same landlord and tenant pool as LP Property Lets, particularly in the higher-end segment.
• Connells Group: One of the UK's largest estate and letting agency networks with national coverage including Bristol and Somerset branches. Provides overlapping residential letting and property management services as part of a much wider portfolio.
• Foxtons: Large UK estate and letting agency with a strong London base and regional offices. Offers full letting and management services comparable to LP Property Lets but at significantly greater scale and brand recognition.
• Knight Frank: International residential and commercial property firm with significant UK letting and management operations. Comparable service offering at a premium positioning, often competing for higher-value landlords in the same Bristol/Somerset catchment.

Direct peers

• OpenRent: UK's largest online letting platform allowing landlords to list, reference, and manage tenants directly. Competes head-on with LP Property Lets' Finders Only and Letting tiers on price and convenience, while LP Property Lets differentiates via local, full-service management.
• Stirling Ackroyd: Bristol-headquartered estate and letting agency with a strong regional brand across the West of England. Directly comparable to LP Property Lets in geography, residential lettings focus, and service tiers, and is one of the principal local competitors.
• CJ Hole: Bristol-based estate and letting agency operating across the same North Somerset and Bristol geographies as LP Property Lets. Directly comparable offering of tenant finding, rent collection, and full management to private landlords.

Regional players

• Chappell & Matthews: Established Bristol and South West estate and letting agency providing residential sales, lettings, and management. Operates in the same Bristol/North Somerset patch as LP Property Lets with overlapping landlord and tenant customers.
• Hunters Property Group: UK regional estate and letting agency network with branches across the South West. Comparable in size and regional focus, offering similar tenant-find and full management tiers in overlapping geographies.
• Andrews Property Group: South West-focused estate and letting agency with branches across Bristol, Somerset, and surrounding counties. Comparable mid-market positioning and service mix to LP Property Lets in the same operating region.

Market position

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/lppropertylets

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LP PROPERTY LETS LIMITED