Are you making the most of your property investment?
Endsleigh Insurance recently completed a survey of 500 landlords which found that using a Letting Agent could save you a whopping £1910 a year. In the same survey, more than two in five landlords chose to rent out their properties without an agent solely to save on costs. Is this a false economy? Could using an Agent actually save you money?
Half of the landlords surveyed chose their agent on the basis of their local knowledge. Our expertise on the market, knowledge of what tenants are looking for and experience mean we can offer money-saving advice.
The survey showed that using an agency minimised void periods between tenancies. Our agency has access to a larger pool of prospective tenants through regional and national advertising forums, such as Citylets, S1 Homes and Rightmove - avenues that would usually be prohibitively expensive for individual landlords. Shorter void periods mean more rental income. The greater the competition is for your property can help you achieve the highest possible rent.
Picking the ideal candidate for your property was cited by a third of landlords as the most valuable service provided by an agency. Using thorough referencing checks, agencies are able to provide an informed recommendation of the prospective tenant who will be the best fit for your property, minimising the risk of a turbulent tenancy and even court action.
Over and above these services, our agency offers rent guarantee for landlords at no extra cost. Should the worst happen, you can be secure in the knowledge that you are protected.
Lastly and possibly most importantly, landlords reported that using an agent saved them time and stress allowing them to focus on the things they enjoy.
In summary:
· Agents are experts in their field
· Agents have greater access to the tenants you want
· And they can help you to avoid the ones you don’t
· All while saving you time, and energy
So, if you are already with us, congratulations on making a great choice!
If you are not already with us, what are you waiting for? Contact our office on 0131 226 7733 or use our live chat option on the website.