What are the pros and Cons of letting?
Obviously these can vary according to the individual circumstances – but some points to consider are as follows:
Advantages
Income towards property costs
Income as an investment
Property kept warm and aired
No council tax, gas, electricity or telephone bills while the property is let
Empty property can increase insurance costs
Disadvantages
Wear and Tear
Small risk of damage
Why do I need an agent?
Of course there is nothing to stop you letting out your property without an agent. However there are many legal requirements that a landlord has to fulfill. Failure to comply may result in criminal prosecution. Our staffs are trained to understand these requirements and have systems in place to ensure that they are complied with.
We have facilities to vet a potential Tenant, allowing you to make the right choice.
Our first class Tenancy agreements have been drawn up by a qualified Solicitor with many years experience in the letting industry. Choosing the wrong agreement may prove costly when wanting to regain possession of your property.
Depending on the service you select, we can ensure that the property is kept in a good condition, conducting inspections though out the tenancy. We also can arrange and see though repairs on your behalf ensure that works completed are carried out to a high standard
Our “After Key services” to your tenants include; finding gardening services, help with setting up utilities and contacting appropriate authorities concerning council tax etc. If and when repairs are needed to be carried out; we will first inspect the problem ourselves to confirm that the problem is not just a switch or fuse, saving you money. We then contact the tenant regularly to ensure that the works requested is carried out and is complete. Your tenants will not have to chase us for information.
Services like these ensure that tenants remain happy and as a result they are more likely to stay in the property for a longer period of time.
More and More people are renting and more and more people are letting their properties. This is changing the property market and tenants are opting to move more frequently in poorly managed properties.
To summarise: These services are time consuming and an agent will; save you time, ensure that the tenants are properly vetted, cut out the hassle of sorting out repairs; ensure that all legal requirements are carried out and we could even safe you money.
How much Money will I get for my property?
There are many factors that affect the amount of money that you are able to charge for your property. Economic factors of supply and demand, local amenities, location, accommodation type and condition must all be taken into consideration. We will also assess the local market place to ensure that the best possible rental price is obtained for your property.
Our staff are always willing to visit your property and provide a Free market appraisal based on there knowledge of the market place.
What do I do Next?
Look at the different levels of service we offer. You will find these on the pages listed here. Then Contact us to arrange a no obligation meeting to discuss your requirements. We are happy to help in any way we can.