Beware of low letting fees, warns Leaders
With demand for rental property in the UK currently soaring, many agents are running out of properties to offer waiting tenants and are slashing their letting and management fees in a desperate bid to attract landlords.
Says Leaders’ managing director, Paul Weller: “Landlords should be aware when choosing a letting agent that you get what you pay for in terms of service and professionalism.
Cut-price fees could result in a cut-down service, and worse, in the agent not having the funds to deliver any service at all.” Leaders – who have been specialising in letting property for 25 years – point out that there is more to letting and managing a property than meets the eye.
Knowledgeable, well-trained staff are needed, prospective tenants should be vetted carefully, complex legislation must be complied with and much more. For more information about renting or letting in your area please contact your local Leaders branch.
