Back to blog

Is it worth using a letting agent?

1

A buy to let property can be a great investment but it does come with a lot of responsibility. If you have a rental property you are probably wondering, is it worth using a letting agent?

5 reasons to use a letting agent

1. An agent provides guidance on your legal responsibilities

There is a lot legislation involved when renting out a property, this be must adhere to otherwise you could face some pretty hefty fines. A letting agent will ensure you are compliant and guide you through all the necessary safety checks,referencing, deposit protection and other paperwork needed from a legal point of view. It is worth using a letting agent who is a member of a professional body, like ARLA Propertymark, because they better educated on the latest regulations affecting you.

2. Not as expensive as you may think

Paying a letting agent to take care of your rental property may cost you in terms of ££, however you save valuable time and effort sorting out issues during the tenancy.

3. Maximise the amount of rent generated

A knowledgeable letting agent will give advice on how much rental income you can achieve based on their experience of the market and how much demand there is in the area. They will also give you simple tips to help make your property more marketable.

4. Attract great tenants

A letting agent will have access to leading portals to increase exposure of your rental property. Find an agent that will take great pictures and use floor plans because the better the marketing, the more interest there will be.

5. You can keep your distance

A letting agent is the barrier between yourself and your tenant. A good agent will stop a minor issue escalating into a more serious rental dispute. By keeping a good relationship with your tenants, they are more likely to stay which meaning there will be less risk of their notice being handed in and the property standing empty for any length of time.

John German offer a fully managed service, taking care of everything for you <See more>

Back to blog

Date Posted

March 12, 2019

Article Category

Author

Katy Storer

Share this article:

Click ‘JOIN’ to receive our news and offers by email

You can unsubscribe at any time at the foot of every email. By clicking 'Join' you accept to receive email marketing and agree to our privacy policy and our terms and conditions.

Thank you, your request was successfully submitted, we will be in touch shortly.

Oops, it looks like there's an error with your submission, please check all fields highlighted in red and try again.