Published: 15/04/2020You may own one property, half a dozen properties, or more. Buy-to-let is a business, and keeping an eye on your outgoings is essential for any successful business.
We're batting for the same team, so we'll fight your corner and do everything we can to make your property business successful.
We have access to software and property portals that most landlords would give their eye teeth for, all of which are there to help our clients achieve their property goals.
Having a letting agent helps with the detail. It ensures that your rental property will be compliant, especially when you consider that it could result in something as drastic as not being able to evict a tenant if the documentation is legally incorrect.
Remember, we're talking about an investment of a minimum of six figures these days, so it's unwise to take a risk in such an ever-changing litigious world if you're not an expert.
We are experts with all the tools and know-how at our disposal. Yes, we charge for our service, but getting things wrong could cost you a great deal more if you go down the self-management path and things do go wrong.
Knowing the local market is essential to getting the most from your investment. The rental value we advise is neither too high nor too low - we know what to ask.
Nowadays, the market is more transparent than in the past, but if you decide to guess, it can be costly. Pitching too high could leave you with a vacant investment for months; go too low, and you're not maximising your potential returns.
Guaranteeing you'll never have void periods is unrealistic, but we make it our mission to shorten the time your investment stays empty, and we do our utmost to ensure it rents quickly.
A reputable letting agent will have a far wider reach than an individual landlord. Marketing campaigns that range from property portals such as Rightmove and Zoopla mean that your property will be in front of a wider audience than you could ever dream of if you decided to market it yourself.
Another bonus of employing a letting agent is that greater visibility in the marketplace equals a higher rent than if you were to market it yourself.
The more people interested in becoming your tenants, the greater the chance your rental will achieve a higher yield.
If you haven't had to deal with tenant disputes before, trust us, it can sometimes be tricky. Employing a letting agent to mitigate any problems takes away all the stress of having to deal face to face with the tenants and means you can be as anonymous as you choose. A letting agent will act as the middleman and resolve any issues with your best interests at heart.
The law on evicting tenants is ever-changing, and keeping abreast of the new rules is time-consuming if you don't know what they are. Many landlords fall foul in the eviction process. Section 21 and Section 8 notices are complicated, and the Courts are awash with cases where the landlord has proceeded incorrectly, thus leaving the Judge with no other option than to deny the eviction.
This may be catastrophic for your rental business but can be avoided if a fully accredited letting agent acts on your behalf, following the correct compliance every step, giving you peace of mind.
As members of ARLA Propertymark, we're always on top of even the most minor changes in legislation. Our team are fully qualified ARLA experts and stay on top of all the changes, however inconsequential.
This can prove challenging for landlords when handling the day-to-day issues associated with lettings, and more and more landlords are returning to us for this reason.
One missed change in the law can land property investors with hefty fines (or worse). In today's continually changing lettings world, it's easy to make mistakes when juggling everything.
We've got you covered
Rest assured, a reputable letting agent will have you covered with professional indemnity insurance.
Peace of mind
Our final argument for letting agents brings all of the above together.
Letting an agent handle your rental property is far less stressful than managing it yourself.