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Choose Your Franchise
Property Franchise
Living Franchise
Pete and Jane built a growing lettings portfolio and opened their own shopfront. Now they're generating consistent monthly income and scaling fast.
Letting agent franchise:
start or buy your own lettings agency
Build your own lettings business with the training, technology and support of Sourced Living. Win landlords in your local area, grow your managed portfolio and explore buying an established agency with up to 100% acquisition funding.
- Rated 4.7/5 on Trustpilot
- Up to 100% acquisition funding
- Exclusive territories
- No previous lettings experience needed
Letting agent franchise vs starting on your own
Everything you need to run your own lettings agency, even if you’ve never worked in property.
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Up to 100%
Acquisition funding
Take over an established letting agency, with landlords and monthly income already in place, and we can fund up to 100% of the purchase price.
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1:1
Training and support
Learn how to run your agency, then work with your dedicated Business Development Manager to win landlords, build your portfolio and grow.
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3
Ways to earn
Traditional lets, HMOs and serviced accommodation. Our Flexi-Let model gives you more ways to meet landlords’ needs and a stronger reason for them to choose you over the competition.
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Exclusive
Your own territory
Build your agency in an agreed exclusive area, with support to establish your business and become the local expert.
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Connected
Technology to run your agency
Advertise properties on Rightmove, manage rent payments and coordinate maintenance through your CRM and connected platforms.
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Save £££
Accounting taken care of
Bookkeeping and year-end accounts are included in your package, giving you more time to look after landlords and grow your business.
Real Partners. Real Stories. From 33 to 408 managed properties.
Our Partners are building their own lettings businesses and using acquisitions to take them further. Here’s what that has looked like.
Sara Watkins-Schmidt built her portfolio organically with Sourced Living to 33 managed properties before acquiring Complete Estate Agency in Devon with Sourced full funding. The acquisition added 375 managed properties, four branches and 23 employees, taking her portfolio to 408 properties.
Two ways to grow your letting agency franchise
Build your agency by winning landlords locally, grow by taking over an established agency, or do both.
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Start your own lettings agency
Launch in your exclusive area with training, systems and a team behind you. You’ll learn how to attract landlords, win instructions and manage properties, building a portfolio that pays you management fees every month. Your Business Development Manager helps you put a plan in place and work through the practical challenges of growing your agency.
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Take over an established agency with up to 100% funding
An established agency can bring managed properties, landlord relationships and monthly income into your business in one move. Some acquisitions also include premises and an experienced team. Once you’ve joined Sourced Living, we find suitable opportunities, assess the business and support the purchase.
How the aquisition process works
We find the agency, fund the purchase and help you take the keys. You run it as your business.
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Find the right opportunity
We look for agencies and managed portfolios suited to your area and plans.
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Assess and fund the purchase
We support the purchase with 100% funding, so you don't need significant capital to get started. You just pay for the franchise fee.
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Take over and grow
We support the handover and continue working with you as you run the business.
How we support you, from launch to growth
You’re running your own business, but you’re never doing it on your own.
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Practical lettings training
Learn how to launch and run your business, from finding landlords and valuing rental properties to managing tenancies and understanding your responsibilities. Your initial training is followed by continued learning as your business develops.
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Marketing that wins landlords
Build your local presence with brand resources, marketing materials and guidance on attracting landlords. You bring the local knowledge and relationships. We help you put the marketing behind them.
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Compliance and legal support
Lettings comes with rules to follow. Get documentation, templates and guidance to help you manage your responsibilities, and a team to turn to with questions as you grow.
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A network of Partners
Join a network of Sourced Living Partners running their own agencies across the UK. Share experience, ask questions and learn from people who’ve been where you are.
A property management franchise built around recurring income
Most letting agents lock landlords into a single strategy. Sourced Living Partners offer three, meaning more landlords choose you, and your income compounds from multiple directions at once.
Traditional Lets
Steady monthly fees. The foundation every portfolio is built on.
Serviced Accommodation
Short-term lets averaging 24 booked nights per month. Higher income per property.
HMOs
One property. Multiple rooms. Up to 5x the income of a standard let.
The technology behind your agency
Everything set up and connected from day one, so you can advertise properties, collect rent and handle repairs without juggling separate systems.
Who is a letting agent
franchise right for?
You don’t need previous lettings experience. You do need the commitment to run a business, learn the industry and give landlords a service they can rely on.
- Want to own and grow a business in your local area.
- Enjoy building relationships and winning new customers.
- Are organised and comfortable taking responsibility.
- Want training and support as you enter the lettings industry.
- Are interested in growing by taking over an established agency.
Everything you need to launch and grow your agency
Most people trying to start a letting agency spend years building systems, technology, and processes.
Sourced Living replaces that uncertainty with one structured platform. Your training, technology, compliance support, marketing systems, and business mentoring are all built in from day one.
As a Sourced Living Partner
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Flexi-Let model allowing ASTs, HMOs and short-term lets
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Launch with a proven business model designed for the UK lettings market
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Opportunity to step into a funded acquisition with existing landlords and income already in place
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Integrated CRM connected to Rightmove, PayProp, Fixflo and Airbnb
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Dedicated Business Development Manager and national Partner network
Going it alone
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Limited to traditional letting strategies
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Build a letting agency from scratch with no proven framework
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Grow the business slowly by finding landlords one at a time
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Source, integrate and pay for multiple software systems yourself
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Work alone while figuring out growth strategies
As a Sourced Living Partner
Going it alone
Letting strategy
Flexi-Let model allowing ASTs, HMOs and short-term lets
Limited to traditional letting strategies
Setup and model
Launch with a proven business model designed for the UK lettings market
Build a letting agency from scratch with no proven framework
Growth and acquisition
Opportunity to step into a funded acquisition with existing landlords and income already in place
Grow the business slowly by finding landlords one at a time
Systems and tools
Integrated CRM connected to Rightmove, PayProp, Fixflo and Airbnb
Source, integrate and pay for multiple software systems yourself
Support and guidance
Dedicated Business Development Manager and national Partner network
Work alone while figuring out growth strategies
Don’t just take our word for it
The potential is real. The potential is uncapped. And the opportunity to build real lasting wealth is there.
Ready to own your lettings agency?
Tell us where you want to work and what you want to build. We’ll check availability in your area, explain the package and costs, and talk through whether starting an agency or working towards an acquisition suits your plans.
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Have a conversation
Book a discovery call to discuss your background, goals and preferred area.
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Get to know the opportunity
Explore the training, systems and support. Ask your questions and speak with existing Partners.
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Agree your next steps
If we’re the right fit for each other, we’ll guide you through securing your area and preparing to launch.
Frequently asked questions
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A letting agent franchise lets you run your own lettings business using an established brand, training, systems and ongoing support. With Sourced Living, you can build a managed property portfolio organically and explore taking over an established agency through our funded acquisition pathway.
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Yes. You don’t need previous lettings experience to join Sourced Living. We provide initial training, technology and ongoing support to help you learn how to run your agency. You’ll need to commit time to learning, building landlord relationships and managing the business.
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You can start in a junior role at an agency, or run your own agency with training and support through a franchise. Read our guide to how to become a letting agent, or our step-by-step guide to starting a letting agency in the UK.
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The joining fee is £9,999 + VAT, followed by an ongoing franchise fee of £255 + VAT a month. You’ll also need to budget for your business running costs. We’ll explain the package, fees and costs relevant to your plans before you decide whether to join.
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Eligible Sourced Living Partners can apply for up to 100% funding of an approved agency purchase price. Funding is subject to approval, due diligence and agreed terms. Professional fees, working capital and other transaction costs are separate from the purchase price.
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There’s no fixed timetable. You need to be ready to run the business, and a suitable opportunity must be available and approved. You can build your agency organically while working with our team towards a potential acquisition.
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A property management business earns fees from landlords for services such as finding tenants and managing properties. Monthly management fees create recurring income while properties stay under management. Your profit depends on your fees, portfolio, agreements and running costs.
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Yes. Sourced Living provides training and support across long-term lets, shared houses (HMOs) and serviced accommodation. The services you offer should reflect local demand, the properties available and the rules that apply to each type of letting.
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Yes. Sourced Living Partners operate within an agreed exclusive area. We’ll discuss your preferred location, availability and the terms during the enquiry process.
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You’ll have ongoing support from your Business Development Manager and the wider Sourced Living team, plus training, technology, marketing resources, compliance support and accounting. Support continues as you grow your portfolio and explore further opportunities.
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Sourced is rated 4.7 out of 5 on Trustpilot. Before joining any franchise, speak to existing Partners, check the full costs and have a franchise solicitor review the agreement. We’ll introduce you to Partners during the enquiry process.