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Letting Agent Talk

LETTING AGENTS FACE SHORTAGE IN RENTAL STOCK AS LANDLORDS EXIT THE BTL MARKET

Written by Estate Agent Networking UK on - Letting Agent Talk -

A Sheffield-based letting agent and prop-tech entrepreneur reports that many agents have experienced a significant drop in stock levels, as landlords continue to exit the market. Simon Tillyer, Director of SheffLets and Vouch, the low-cost referencing app, has seen rental stock drop by 25% over the last quarter in his agency, as higher stamp duty, […]

Letting Agent Talk

Student housing league table – which university towns offer the best buy-to-let returns for landlords:

Written by Estate Agent Networking UK on - Letting Agent Talk -

As university students prepare to return to their studies and A-level students find out if they got into their uni of choice, new research reveals landlords willing to rent to students are reaping the rewards – with above market average rental yields. In a new league table published today, Simple Landlords Insurance rate universities by […]

Letting Agent Talk

Landlords, Complete these Seasonal Maintenance Tasks this Summer

Written by Estate Agent Networking UK on - Letting Agent Talk -

Summer has truly been in full swing this year, with record-breaking weather and a heatwave to rival 1976. With such extreme temperatures seen this year so far (who remembers the Beast from the East?), seasonal maintenance is essential for landlords. During this rather parched summer, Just Landlords has highlighted the seasonal maintenance tasks that all […]

Letting Agent Talk

Tenant Fee Ban – Your Options

Written by Estate Agent Networking UK on - Letting Agent Talk -

Let’s make no bones about it. When the Tenant Fee Ban comes into force you WILL: See a DROP in your income and profits Achieve LOWER service levels LOSE more landlords So what are your options for overcoming the challenges faced by letting agents? Options Pros Cons Sell up Quick cash injection Your business ceases […]

Letting Agent Talk

What is your plan for the ban?

Written by Estate Agent Networking UK on - Letting Agent Talk -

After attending a recent ARLA meeting where their solicitor spoke about the impending fee ban and if/when it was due to happen I left with a rather large sense of foreboding. His best guess was that the ban would hit in April 2019, just 9 months away. He went further and said he had seldom seen a piece […]

Letting Agent Talk

Inventories – why have them done?

Written by Estate Agent Networking UK on - Letting Agent Talk -

The AIIC (Association of Independent Inventory Clerks) is working towards making inventories mandatory in residential lettings. This has caused a storm not just against inventories being made mandatory, but against having inventories at all. Surely, the need for professional, independent inventories is clearly accepted by now. Or not? Mandatory or not, we’re convinced of the […]

Letting Agent Talk

When in-house isn’t always best

Written by Estate Agent Networking UK on - Letting Agent Talk -

If you work in lettings, the last thing you want to do is rile both tenants and landlords, but it appears a leading online estate agency has done just that. How? It has taken its property management service in-house. Until May 2018, Purplebricks outsourced its property management to High Street agents under a white label […]

Letting Agent Talk

How to add value to your BTL property

Written by Estate Agent Networking UK on - Letting Agent Talk -

Whether you’re a seasoned investor or a first-time landlord, increasing the value of your buy-to-let will no doubt be a priority. When it comes to achieving a better rental rate, read on for the essential steps that will keep your property competitive. Pay attention to the market There’s little point styling your flat to suit […]

 

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