A lettings agency in the Brighton area which describes itself as “ethical” is closing down due to staffing issues and the cost of living crisis.
Sussex Students Lettings Agency was set up in 2012 and its website says: ”We are the only letting agency in Brighton to have been created and operated by one of the University Students’ Unions. We were set up in 2012 to provide all students in the city with a more supportive and positive lettings experience.”
There is no news of the closure on the agency’s own website - parts of which have not been updated for three years - but a spokesperson has told the Brighton Argus news website: “We set up Sussex Student Lettings Agency with the aim of fair and affordable housing for all students. It is with a heavy heart that we have to close the lettings agency. It is not a decision that has been taken lightly, but we feel this is the best way forward for us as an organisation.
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Sad to see but not a new story. People criticise how letting agents operate but fail to grasp that, for most, the profit margins are slim. Therefore, operations like this set up by unions or local councils often hit the wall because they simply can't generate enough revenue to hire quality staff and keep the doors open- having cut fees to deliver a 'fair service'.
I'd much rather see organisations like these get 100% behind the best agents in their area- raising their profile off the back of full compliance & first-class service to landlords & tenants alike. That's going to shift the needle the most!
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