Checklist provided by |
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Only consider letting agents who are members of ARLA/RICS such as Belvoir Lettings. | |
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Become a tenant first and put ‘renting a property in…..’ into a Google to see which agents are top. | |
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Research via property portals which agents market and let similar properties to yours. | |
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Ask how the letting agent keeps up to date with latest letting rules and regulations. | |
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Find out what they do to keep you up to date with BTL eg newsletters, seminars or workshops. |
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Find out how your property will be marketed. | |
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Ask what the agent’s average void period is. | |
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Research the different services letting agents offer including:
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Understand in detail what each of the different services includes, for example tenancy agreement. | |
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Ask how often periodic checks will be carried out under full management. | |
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Work out all costs of letting a property through the agent including:
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Compare costs over a 6-12 month period and include charges to re-letting a property and for EPCs, gas and electric safety certificates. | |
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Check the terms of business with a legal lettings specialist. | |
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Find out how long it will take for the tenant’s rent to hit your bank account. | |
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What other services are offered, for example, run seminars, workshops, help with legal issues or property. |