Landlord Guide to choosing a Letting Agent
Letting a property successfully to a good, reliable tenant can be a time consuming process. The increasing complexity of legislation and the risk of hefty fines for non-compliance also add to the potential stress of letting out a property.
The calamitous corona-virus pandemic has further complicated the process, as more restrictions along with health and safety measures have been introduced to protect all those involved. But the pandemic has also forced letting agents to up their game, with many rising to the challenges they have faced, by accelerating innovation in the sector.
If, like many landlords, you are short on time, unequipped to do the essential tasks, or don’t live near your rental property, the benefits of using a letting agent are quite likely to outweigh the costs. A good agent, who knows the local area, will be able to rent your property out more quickly, for more rent, to a good tenant, saving you time and hassle.
But it is important to choose your agent wisely. Spend some time on your research as ultimately there should be no such thing as a ‘let and forget’ landlord and therefore you have to get your partner right.