Letting Agent Talk
How to avoid disputes.
Renting means both the tenant and landlord are taking big risks with their money and investments. A landlord trusts that a tenant will pay rent on time and respect their property, whilst a tenant trusts that there will be no major issues with the property they are about to move into. However not everything goes…
Are mid-term inspections more important than tenant references?
If you are a lettings agent or property manager, you’ll be forgiven for feeling like a referee. Disputes between tenants and landlords are normally time consuming and complex, with a fall out that can sour relationships with everyone involved. The situation is not helped by a piece of new research by online letting agent PropertyLetByUs,…
ARPM
What is fair wear and tear?
Landlords spend months making sure their property is fit for rental, they invest a lot of money in making sure they can get the highest rent possible, and they expect to be rewarded for their efforts. What some people don’t predict or budget for is wear and tear. It can be expensive and hard to…
We rule the election.
The letting industry has doubled in size since we first entered this millennium, and is expected to continue becoming a contributing part of Britain’s economy. And unlike most other industries, this isn’t one that is just focused in London, for example: Leeds is the second largest metropolitan district and continues to grow at a quicker…
Section 21: Yesterday’s Vote In Parliament
Imagine if a failure to carry out repairs meant that a landlord could not regain possession of their property at the end of a tenancy. Last night’s vote in the House of Lords marked a large step in that direction. Whether you manage your own properties or manage properties on behalf of a landlord this…
Alex Evans
The benefits of repair reporting.
It is commonly accepted that the cost to maintain private rented properties has dramatically increased in the past 10 years. It is unfortunate that most of the calls made to letting agents are repairs that are not under the letting agent’s domain or can be easily repaired by the tenant. These issues are of concern…
What we are trying to achieve with Estate Agent Networking.
I thought it would be a good time to both look at the progress that we have made with Estate Agent Networking and what our visions are for the future. Things have been going to plan so far and our monthly website visitors along with our following across social media continue to grow month on…
Christopher Walkey
Are Other Letting Agents Stealing From You?
Write stuff about the local property market and you will have landlords flooding to your lettings agency .. yeah that’s about it. Of course it takes time, you have to be patient, the articles have to be written in a certain fashion and you have to get them out to the great and good in…
Christopher Watkin
Lettings Market: The Hunt For Yields.
Letting agents take note – profits from slicing single houses into multiple flats (known in the industry as houses in multiple occupation or ‘HMOs’) are falling, meaning that this business model is no longer the biggest earner in the buy to let business. This may have particular significance come May, as the property market expects…
Alex Evans
Did you spill my pint Mr/s Letting Agent?
I met a potential client last week in London. It was 5.30pm, and had already seen two clients in London that day. However, he was in London as he had come down to meet some old work colleagues for a lemonade shandy (or three) and it was the only time we could meet up. The…
Christopher Watkin
Tips for Renters- 5 Things You Should Not Do While Renting.
It’s indeed great to renting property but most of the time it’s menacing. Even if you are careful from your end, you can’t have a control on top of everyone or everything, and there is always a possibility of risk that you have to meet with unexpectedly. In order to avoid such situations or to…
VIDEO: Lack of young talent in block management?
How would go about making the block management sector more appealing to the future work force? Kelly Bream shares her thoughts here:
Why YOU Need Property Management Software in 2015.
Do you spend too much time on admin and accounting tasks and not enough with your current and potential tenants? We all get lost in a world of paperwork and boxes to tick, forgetting the main factor for property management, the properties and those living in them. If you are looking for a New Year’s…
The No.1 reason why Letting agents fail.
You were the best letting agent in town .. you were the mutts nuts .. you knew everything about lettings, you knew the law better than ARLA itself .. your technical knowledge was awesome and landlords told you every day you were the best .. you were bl**dy good at it, but you were doing…
Christopher Watkin
Are letting and estate agency franchises worth the money?
Why dont many letting agents or estate agents who decide to set up themselves go with a franchise. You could be missing a trick? Forget the upfront fee which is between £10k and £25k, how do you feel about handing over between 8% and 12% of your turnover (not profit .. turnover) to Head office…
Christopher Watkin