Mashroom is here to help landlords by paying tenants to find their replacements

Landlords can now fill their properties with the help of the tenants that are leaving said properties by being paid to find their replacements

Mashroom is an online lettings community that rewards outgoing tenants with up to one week’s rent for liaising with prospective renters and carrying out viewings. It is due to launch soon and is looking for landlords to test the system.

How does it work?

Either the landlord or the existing tenant uploads the property details and images – which have to be approved by the landlord – to the Mashroom online platform.

Mashroom advertises the property on the major portals. The outgoing tenant manages inquiries and viewings with interested parties on the platform. The new, potential tenant then makes an offer to the landlord.

Once the landlord has accepted an offer, Mashroom will make the necessary checks before the landlord and new tenant sign a tenancy agreement.

After the new tenant has moved in, the outgoing tenant will receive their financial reward and the landlord has a quicker turnaround of tenancies as well as lower ongoing management costs.

Stepan Dobrovolskiy, Mashroom’s founder, said: “By redistributing platform income to tenants and saving landlords money, Mashroom creates an integrated community that will produce a behavioural shift in the way people find and let their properties in large cities.

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