Moving house is known to be one of the most stressful things that you do during your lifetime – so with that in mind letting out your property is really no different. Well help is at hand as long as you can find a good, reliable and reputable letting agent to help you along the way and reduce the stress load during the process. If you manage to find a highly recommended letting agent then you will normally find that they will help in identifying suitable tenants for you and running the various credit and background checks. They should in most cases also be able to ensure that your rent is paid on time every month, that the maintenance of the property is kept fully up to date and that all of the legalities are taken care of. Basically they do the ‘donkey’ work for you whilst you sit back stress fee and count the money you are making from letting out your property.
When trying to identify said letting agent it is always a good idea to try and find one via recommendation, for example word of mouth through family or close friends. Alternatively search the web for your local area and find the reputable ones to call and discuss your needs and find out exactly the level of service that they offer. Ensure that you get a breakdown of exactly what each level of service includes and how much it will cost so that you can decide which one is best for you.
The fees can differ for example you may just pay a finder’s fee if opting for the basic level and then a finder’s fee plus a percentage of the monthly rent depending on which level you opt for. It is very rare for this to go above ten percent for example when opting for the highest level which is full property management.
The really advantageous thing about choosing to market your property through a good letting agent is that they will be able to offer you advice and guide you through the process to ensure a smooth let. As they deal with this on a daily basis and it’s essentially what they do they will be able to guarantee that all of the relevant legalities are in place and that you aren’t liable for anything. Therefore it is definitely worth considering whether to just pay a cheap one-off finder’s fee and deal with everything yourself or pay a small monthly fee and let the letting agent take care of the rest.
THe property group are established letting agents run by landlords, for landlords. Why not visit our website to find out how we can help you let your property, or find your dream home.