Has the question ever crossed your mind as to how do I make the right choice to let my property? If you are a landlord, surely it has. Did you face problems with your last tenant? Are you finding it difficult to find a good tenant? Do you want to hire someone to collect rent on your behalf? Do you want someone to manage your entire property and take care of the regular maintenance works? If the answer to these questions is an affirmative, then its time you seek the services of a letting agent while renting out your property. This will not only ensure you relief from the hassles of renting your property but also ensure that your property is occupied by the right person.
Letting agents charge a very small non-refundable fee for the service that they provide. This fee is quite nominal compared to the ease with which you can rent your property. Although the basic service of a letting agent is introduction of a landlord to a tenant, agents are offering a host of other services to ease matters for both parties. The letting agents make sure that the Tenancy Agreement between the landlord and the tenant is processed without any of the parties having to hide behind it. Letting agents are well versed in the law and its amendments and thus the question of a flaw in the agreement should not arise.
Letting agents also act as a point of contact between the landlord and the tenant, even after the property has been rented out. In some cases the letting agents also collect the rent on behalf of the landlord, for which they normally charge a commission of 2-3 percent. In the case where the property is large with many tenants, landlords hire letting agents to manage the entire property for which they are well remunerated. The letting agents, from time-to-time, also keep a check on the property. This ensures that the landlord doesn't need to worry about the state of his property, at the same time the tenant can also ask for maintenance work to be completed, if required.
Most of the professional letting agents have gone high-tech and are using the Internet for the purpose of running their agencies. To list your property for renting, you just need to visit the site of the letting agents and fill up a simple submission form to add your property to the list. A confirmation is usually sent within 24 hours after the verification of your property details. The advertisement then appears in all major property sites in the United Kingdom. The letting agent than forwards the potential tenant to the landlord through telephone, email or even in person.
Letting agents also examine the structural safety of the property and other basics like water supply, lighting, heating and ventilation are in place. Under the the 1985 Landlord and Tenant Act, Landlords have a legal responsibility to ensure that Tenants are "safe from harm". This means ensuring that Landlords provide housing that is fit for habitation. Letting agents take care of all these factors thus making sure that the landlord doesn't fall into any legal problem areas.
Hiring a letting agent for your property can also be useful, as most letting agents take care that the property is well presented to the potential tenant. The letting agent will ensure that the house is well decorated, clean and tidy to attract a tenant who will pay a good rental. Letting agents also take care of the insurance for the property, which is a must in case of an unfortunate event. A good letting agent will be always available by telephone or by email as a point of contact for the unlikely event that something should go wrong.
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