Property Reporter



How do you find the right letting agent?

Line Spacing+- AFont Size+- Print Forward to a friend Hero
How do you find the right letting agent?

There are many lettings agents out there, all offering different services and choosing the right one can be time consuming and confusing.

Trust and reliability are key. So, the ever helpful Belvoir! has put together these 3 top tips that will help you pick the best agent…

Timescales

It’s always good to find out before instructing an agent how long it will take for them to let your property out. Obviously a definitive answer couldn’t be given due to factors such as location and the property itself, however a good agent will be able to tell you if they think your property will take a little longer. How many people do they have on their database that they could contact? That’s always good to ask. Prospective tenants on the lookout may have left their details, if the agent contacts them they might just be interested!

Tenant reliability

How reliable are the tenants that the agent can provide? If the agent fails to do in-depth referencing then you could end up with a bad tenant on your hands. A good agent will be able to provide you with a tenant that has been fully referenced, credit checked and also had the required right to rent checks which came in to action on 1st February. Find out from the agent which checks they carry out and at what stage the checks will be done in the process.


What makes them better?

A good question to ask the agent is what makes them stand out from the crowd…if all they can give you is a good cup of tea then perhaps collect your belongings and head to a café  instead. What exactly makes them better than their competition, as we said at the start of this post, there’s so many agents for you to choose from so why should you pick them? For instance; would they be able to do later viewings out of office hours to help prospective tenants, how swiftly would they be able to deal with maintenance issues and how frequently will they carry out inspections of the property.

Ultimately, you want to be able to draw a list of what different agents can and can’t offer – that way you can then work out which agent will provide the best all-round service and essentially, find tenants for your property.

Got something to say? Leave a comment below:

You must be logged in to leave a comment

More articles from Hero

How do you pick the right estate agent?

Gross mortgage lending sees best April since 2008

Top tips on how to keep your tenants

Europe's top BTL property hotspot revealed

BTL feast leaves nasty surprise for FTBs

New rental properties see 11.5% jump in April



Latest from Financial Reporter

Just in
The journey into retirement - as complicated as a London Bus Map?

CML: 7-day switching success dependent on start point

shutterstock_7358431.jpg

London growth offsets seasonal dip in Q1

1st Stop plans 'significant growth' after new investment


Latest from Commercial Reporter

ASTL: Upward trend for bridging continues

Fleet makes criteria changes for limited company transfers

Are SME overdrafts dying out?

Rise of 'flatpack' lenders prompts warning to SMEs


Latest Comments

HMO Midlands Landlady
HMO Midlands Landlady 24 May 2016

Tenants disappearing into the night is common from shared houses ( licensed and un-licensed HMO's) often when they owe considerable rent- they remove all their possessions, leave key in room and tell other...

view article
CommercialTrust
CommercialTrust 20 May 2016

With the bulk of the market controlled by large developers, profit rather than necessity determine the pace at which homes are built. There are hundreds of thousands of plots that have planning permission...

view article
Johna
Johna 20 May 2016

"Easier said than done" is what I would say. Of course, it would be more than great to have more in quality and affordability, but I do not trust talk anymore.. What is said is not what is happening.

view article
Johna
Johna 20 May 2016

in my humble opinion being fair like THE most important! I myself have had bad experience with unfair landlords... not to mention that I know how to do a proper end of tenancy cleaning since I am a fantastic...

view article
richardrawlings
richardrawlings 18 May 2016

NB - even if we doubled our commission levels in the UK, we'd still be by far the cheapest agents in the entire world.

view article
Agent_PeeBee
Agent_PeeBee 18 May 2016

Clueless. Someone needs to take these people's computers away from them so they can do no more harm than they already have.

view article
richardrawlings
richardrawlings 18 May 2016

Nonsense! The cost of selling a house nowadays has little bearing on the fees charged. Don't believe your own spin on this. Fees have spiralled down to pathetic levels in areas where weak agents have allowed...

view article
Simon Oliver
Simon Oliver 16 May 2016

The best solution is to buy a property that has built-in income generating potential: a nice house with a couple of gites in the grounds is a good start. In France, the rune of thumb is that one 2-bedroomed...

view article
WPD
WPD 12 May 2016

I suggest the answer is to have the notary system being one legal person who represents both parties. Having experienced it a couple of times in France it was a dream compared to our dysfunctional system....

view article
warren
warren 03 May 2016

It's enough to make me weep into my Pimm's :(

view article
james anderson
james anderson 03 May 2016

The sad demise of the croquet lawn...

view article
CommercialTrust
CommercialTrust 11 Apr 2016

".. the stricter lending criteria will reduce the amount of buy-to-let lending by 10% to 20% in three years’ time." The PRA was actually referring to cumulative approvals here. What they believe is that...

view article

Latest Tweets