When an Agent manages a property, what are you paying for?

The short answer is to collect the rent and deal with any maintenance issues which is certainly correct, but in practice it’s much more than that. An Agent will also deal with the following on behalf of Landlords and it is these things that Landlords really appreciate; We manage calls every day from tenants about… Read More

Universal Credit

Local Housing Allowance is due to change dramatically in the next few years and it is important that landlords understand what this will mean for them and their tenants. If you use an Agent to manage your property you will probably be wise to close your eyes to the changes and make it your Agent’s… Read More

Estate Agent OR Independent Letting Agent?

There has been a significant increase in Estate Agents, who did not previously offer residential letting services suddenly opening a Lettings Department to try and supplement their monthly income.  But beware……… Estate Agents often select junior staff members to create their new letting facility and a “Letting Department” suddenly appears.  Many of the letting tasks… Read More

The DPS has ‘£1billion’ birthday celebration

logo dps

The Deposit Protection Service (DPS) has returned over £1bn in tenancy deposits to tenants and landlords in England and Wales. The DPS is the only custodial scheme in England and Wales,  although it has now also launched an insurance backed service, and has been going for six years since compulsory tenancy deposit protection has been… Read More

Do you even need a Letting Agent?!

In my experience, if the property doesn’t receive enough enquiries it’s usually because of the following reasons: You’re trying to flog a dead horse. The property is rubbish and/or in an undesirable area; There aren’t enough (or any) quality photos of the property; The description of the property isn’t compelling or informative enough; You’re being unrealistic and overpricing the property…. Read More

Landlord Advice: Buying a House to Rent

This is what we at The Letting Company consider to be the most important matters for consideration when buying a property for the rental market. This is not a comprehensive list, rather pointing you in the right direction.  Other matters are bound to arise as you progress through financing, choosing an Agent, dealing with Insurance… Read More

16 Essential Tips for Landlords

Always put the tenant deposit into the Deposit Protection Scheme – it’s a legal requirement. Always get the safety checks done before rental- i.e. gas safety cert – it’s a legal requirement. Get a proper agreement, not just a standard AST. Take inventory including photos and even video of the state of the property, and… Read More

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