Target Property Services NE

Blog

12th October 2020

Is a Letting Agent right for you?

The lettings market in the UK has been increasing in complexity for some time, resulting in an ever mounting workload for self-managed landlords. And once again this calamitous corona-virus pandemic has unleashed an unexpected curve-ball, causing added disruption to an already perceived turbulent private rented sector.

Many landlords are likely to be asking themselves whether now is the time to offload some of the pressure by taking on the services of a letting agent to help them let out their property in a post-Covid world.

Whatever decision you take, ensure that you review the support available and the costs you will incur. It has never been a truer statement to suggest that ‘it pays to shop around’.

You may want to consider using a letting agent if:

  • You don’t have much spare time
  • You’d prefer not to have to deal with tenants’ queries and would rather have an intermediary barrier between you and your tenants
  • Your rental property is in a different area from where you live
  • You’re new to being a landlord and are not familiar with private rented sector legislation
  • You want to reduce stress and prefer to have the peace of mind that the agent will deal with things if something goes wrong

You might consider managing your property yourself if:

  • You really want to keep your costs down to maximise your returns
  • You want to be a hands on landlord and have the time and expertise to deal with tenants’ queries and any problems that crop up during the tenancy
  • You live in the same area as your rental property
  • You know a network of reliable professionals, such as plumbers and electricians, that you can call upon to help with any issues
  • You are an experienced landlord and you keep abreast of all the regulations that apply to the private rented sector

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Testimonials

I would highly recommend Target Property Services NE. Joe has been fantastic support to getting my first home and very quick at responding to any questions or queries I've had about the property. Very friendly and very professional.

- Grace

We had to organise our house move at short notice and although there was quite a lot of work to be done before we could move into the property, Joe went above and beyond to ensure everything was sorted for our moving in date. He is always very patient and quick to answer any queries and resolve any issues that may arise. We cannot recommend his company highly enough - Elliot

- Elliot and Kana

I would like to thank Target Property following the sale of our house. It was a pleasure to work with this estate agent. Always very professional, quick to respond to queries and they kept us informed throughout the process. Our house sold within a day which was just amazing. Could not fault the service we received and would highly recommend to anyone. Many thanks.

- Simon and Vicky

Great local estate agent with a personal touch! Joe knows the local market, and has dealt with rentals and a sale for me. He is very responsive and pays attention to detail for landlords and tenants alike! Would highly recommend

- Rachael

We found our dream home that was ideal for our family, but the estate agent wouldn't accept our offer until we had our own property sold first. After trying a couple of other agents in the area who were quoting a week to 3 weeks to get to us due to high demand because of the Stamp Duty holiday, we got in touch with TPS. Within 48 hours our house had been valued, pictures taken and was listed online. We had our first couple of viewings within 72 hours, and had accepted an offer within 1 week! I truly believe we wouldn't have got our new house if it wasn't for the swift response of Joe at Target Property. They also managed to get us a competitive solicitor quote and kept us up to date with the process, saving us additional time and phone calls. Thank you!

- George and Maria