The UK rental market is under pressure - demand is through the roof, supply is shrinking, and landlords are looking for solutions. All of that adds up to one thing:
An opportunity.
And 2025 could be the smartest time to step in.
But before you make any big decisions, let’s walk through the real questions you should be asking.
“Is there enough demand to make this worth it?”
Absolutely. In fact, demand has never been stronger.
Rents are rising. Tenants are staying longer. First-time buyers are holding off. And private landlords are exiting the market in record numbers - leaving a huge gap for new, professional agents to step in.
“How much can you actually earn from a lettings business?”
Here’s the truth: lettings isn’t a get-rich-quick scheme, but it is a business model built on consistent, recurring income.
Management fees, tenant-find services, value-add extras like short-term lets or HMO setups… These are all scalable income streams. That’s exactly why more and more people are choosing to build a property management business instead of just buying one or two properties on the side.
Want a clearer idea of earnings? At Sourced Living, our partners run businesses in exclusive territories, and their income grows as their portfolio grows via our unique flexi-let model - month after month.
“How do you actually start something like this?”
Most people think you need an estate agency background or a flashy office to launch a lettings business. Not true.
With the right systems, compliance support, and CRM, you can start and scale up quickly. That’s where a franchise model like Sourced Living makes things easier. You get the brand, the tech, the training, and a team behind you, so you don’t have to spend months (or years) figuring it all out alone.
“What about all the legal stuff?”
Let’s not sugar-coat it, property management comes with responsibilities.
Depending on your location, you’ll need to register with industry bodies, meet compliance requirements, and stay on top of legal changes. But that’s not a reason to hold back, it’s a reason to get it right from the start.
With the right guidance and processes in place, you can stay compliant without losing sleep over it. (That’s one of the most common reasons people choose a franchise - they want to be professional from day one.)
“Why now?”
With the introduction of the Renters’ Reform Bill, thousands of self-managing landlords are now turning to professional letting agents for support. Faced with new compliance demands and rising tenant expectations, they need experts they can trust — making this one of the most in-demand services in the market today.
And because timing matters.
• The housing crisis isn’t slowing down.
• Tenants are desperate for better-managed homes.
• Councils and housing providers are crying out for reliable partners.
• Landlords are actively looking to hand over their portfolios.
If you’ve ever wanted to launch a business that’s scalable, recurring, and genuinely impactful, this is the moment.
Starting a lettings business in 2025 isn’t just smart, it’s strategic.
You’re building a brand. Creating recurring revenue. Supporting your local community. And stepping into a market that’s crying out for professional letting agents.
If you want to do it properly, with support, structure, and speed, Sourced Living gives you everything you need to build a serious business in your own exclusive territory.
Want to see what’s possible with a Sourced Living franchise?
Download our prospectus to explore the opportunity.
Author
Sarah Byrne
Sourced
