If interest rates are low and the stock market is unpredictable, purchasing a buy-to-let property is a shrewd investment opportunity – and although the market is not quite the goldmine it was during the boom years, it has gone through something of a revival recently.
Consequently, if you’re looking to hop on board the buy-to-let gravy train, or if you’re already in possession of a property, it’s vital to ensure the process of renting out a flat or house is managed efficiently.
Regardless if you’re offering flats to rent in Paisley or a bungalow in Birmingham, you can alleviate stress by involving a qualified and experienced letting agent to help you manage all aspects of the process.
Read our three killer reasons to find out why a letting agent is essential …
Rapport with your tenant is unlikely to suffer
By employing a letting agent to manage your affairs and deal with the tenant on your behalf, the relationship between you and the occupant is shielded, with the agent used as something of a human buffer. Of course, this is beneficial to both parties, as it ensures any tenant grievances are dealt with swiftly and professionally, which offers you unrivalled peace of mind for an affordable monthly fee paid to the agency.
Time taken to fill a property decreases
If you need a tenant to fill your property, a letting agency can make that happen quickly and efficiently. Rather than placing an ad on Gumtree or in the window of the local post office, the agency can post details of your flat or house on their website, which allows the property to reach a wider audience. Quite simply, the advent of the internet has made property shopping an online experience, so it’s essential your buy-to-let receives the coverage it deserves.
Agents sort any issues your tenants may have
If you purchase a buy-to-let, it’s highly likely you will be involved in other time consuming projects, or still be employed full-time. Accordingly, a letting agent can deal with any problems that may arise with your property or your tenants before it evolves into a full-scale disaster. Owners who want the reassurance of knowing their property is in safe hands, then, should look to hire a letting agent to quickly nip problems in the bud and keep their tenants happy as a result.