N B LETTINGS AND PROPERTY MANAGEMENT LIMITED

What N B LETTINGS AND PROPERTY MANAGEMENT LIMITED does

N B LETTINGS AND PROPERTY MANAGEMENT LIMITED (trading as NB Lettings) is a privately held, Brighton-based estate and letting agency operating from a single office at 19 Regent Hill. The company provides property letting and management services to landlords and property sales services to buyers and sellers, with a no-fee policy for tenants and a flat £500+VAT landlord management fee alongside a 0.5%+VAT sales commission. It distributes listings through Rightmove and OnTheMarket as its primary customer acquisition channels, supplemented by a company website and email newsletter.

The business operates with no proprietary technology platform: the digital presence is built on a standard website builder, and lead capture, AML/identity verification, and tenant referencing are handled via third-party providers. There is no disclosed headcount, no subsidiary structure, and no parent entity, with Nitin Bafna listed as the primary data protection contact and presumed principal. The company is registered with the Information Commissioner's Office (registration 00013135901) and is a member of the Property Redress Scheme, satisfying baseline UK regulatory requirements for estate agents.

Commercially, NB Lettings is a horizontal, direct-to-consumer service targeting SMB landlords and individual tenants/buyers in the Brighton area. Revenue is purely transaction-based with no subscription, recurring management fee, or enterprise contract structure evidenced. No funding rounds, M&A activity, partnerships beyond the two property portals, or geographic expansion signals are disclosed, indicating an unscaled local operation with limited observable strategic momentum.

Name

N B LETTINGS AND PROPERTY MANAGEMENT LIMITED

Legal name

N B LETTINGS AND PROPERTY MANAGEMENT LIMITED

Website

https://nblettings.com

Company type

Private

Founded year

2022

Operating status

Operating

Short description

NB Lettings is a Brighton-based estate and letting agency serving local landlords, tenants, buyers, and sellers through property management, letting, and sales services priced via flat and percentage transaction fees and distributed through Rightmove and OnTheMarket.

Ownership category

akta.pro rank

Headquarters

HQ city

Brighton

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Lettings Management Fees: Transaction-based fees charged to landlords for property management and letting services. Set flat fee of £500 Plus VAT per transaction.
2. Property Sales Fees: Percentage-based commission on property sales. Set fee of 0.5% Plus VAT of the property sale price.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

NB Lettings is a Brighton-based letting and estate agency providing property letting and management services to landlords, tenant placement and search services to tenants, and property sales services to buyers and sellers. The company charges a flat fee of £500 Plus VAT to landlords for letting and management, 0.5% Plus VAT commission on property sales, and applies a no-fee policy for tenants. Properties are listed on Rightmove and OnTheMarket to maximize market reach.

Product overview

N B LETTINGS AND PROPERTY MANAGEMENT LIMITED is a single-service letting and estate agency business. The company offers a unified offering comprising property letting and management services for landlords and tenants, and property sales services for buyers and sellers. Pricing model includes: no fees for tenants, a set fee of £500 Plus VAT for landlords, and a sales fee of 0.5% Plus VAT. Properties are listed for both letting and sale. No distinct branded products, sub-products, or modules were identified.

Differentiator

Problem solved

Functional benefit

Products and services

• Letting and Property Management Service

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• RightmovecoreChannel Partner/ Reseller/ DistributorRightmove is the UK's largest property portal. NB Lettings uses Rightmove to list rental and sale properties, reaching millions of potential tenants and buyers. Properties are prominently featured on Rightmove with preview links on the company website.
• OnTheMarketcoreChannel Partner/ Reseller/ DistributorOnTheMarket is a major UK property listing platform. NB Lettings lists properties on this portal alongside Rightmove for extended market reach and visibility.
• Property Redress SchememinorOthersProperty Redress Scheme is a UK government-approved consumer protection scheme for property agents. NB Lettings is a member, providing consumers with access to free redress for complaints.

Expansion highlights2 records

Direct peers

• Winkworth: UK franchise-based estate and letting agency with both sales and lettings revenue. Comparable to NB Lettings in dual sales/lettings focus and transaction-based pricing.
• Purplebricks: UK online/hybrid estate agency built on a fixed-fee model with no high-street branch network. Directly comparable to NB Lettings on fee transparency and tenant-friendly positioning, though operating at vastly larger scale.
• Belvoir: UK franchise network specialising in lettings and sales. Highly comparable to NB Lettings on service mix (landlord management + sales) and small-branch operating model.
• Hunters: UK-wide estate and letting agency franchise network with a mix of corporate and franchisee branches. Comparable business model to NB Lettings (sales + lettings, transaction-based fees), with a broader geographic footprint.
• Martin & Co: UK letting-focused franchise network offering residential lettings, management, and sales services. Direct competitor to NB Lettings on letting/management with similar single-office / small-network economics.
• Chancellors: UK estate and letting agency with branch network across southern England. Comparable to NB Lettings on the core letting/sales agency model and regional concentration.

Broad incumbents

• Knight Frank: International real estate consultancy with UK residential sales and lettings. Adjacent incumbent serving the same landlords and tenants but at premium end and with broader advisory services.
• Foxtons: Large London-centric estate and lettings agency with branch network and high-commission model. Comparable product offering but much larger scale and traditional percentage-based pricing.
• Savills: Global real estate services firm with UK residential sales and lettings. Overlapping capability but higher-end positioning, broader portfolio (commercial, investment), and international scale.
• Connells Group: One of the UK's largest estate agency networks, operating multiple brands (Connells, Countrywide, haart, etc.). Broad incumbent in the same product category with vastly larger scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Customer concentration

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 N B LETTINGS AND PROPERTY MANAGEMENT LIMITED