There is more and more demand for housing, with lettings playing a vital part in meeting demand.
Even before the start of 2016 there was an existing and growing list of more than 100 compulsory rules and regulations to adhere to in the lettings industry, with health and safety checks, tenant referencing, client money protection and licensing amongst them.
These rules can change regularly and be quite complex and expensive for anyone who does not have access to a qualified and experienced lettings professional whose role is to navigate a safe passage through this ever-changing legal minefield.
A good letting agent can actually speed up your learning curve if you’re relatively new to property investment. They will also cut out your mistakes, save you heaps of time, and take away the hassles and worries that tenants can cause – the kind that keep investors awake at night. They should also offer local knowledge and a professional service suited to your requirements.
Bad letting agents can cost you money in lost rent, unnecessary repairs or void periods.
If you are considering investing in a rental property, and want some impartial advice, please call us, or pop into one of our offices for a chat with either Jackie, (in Bangor – 028 91 477 999), or Trevor (in Newtownards – 028 91 821 999).