52 % of landlords do not currently use an agent to manage their properties - Ministry of Housing 2018 Survey. The Tenant Fee Act 2019 has come come into force & has banned agents and landlords from charging sign up, referencing or administration fees to tenants. This has forced the majority of traditional agents to increase their commissions to landlords which now generally range from 10% to 15 % plus vat, and re-let fees have increased.
The private rented sector is facing a time of great change, and many landlords may feel safer using full management services from local accredited letting agents located near to their rental property. There is no cost benefit for a landlord to use an online letting agent to manage their properties, local agents can usually out-compete the larger online agents (who have to pay higher London and tech salaries, higher self-marketing costs and in some cases keep their shareholders happy )
Landlord Direct have been managing rental property for over 20 years
Services to help landlords to self manage their tenancies, Landlord Direct and Landlord Law will keep you fully updated with best practice in a fast changing private rented sector.
Landlord Direct will carryout your letting requirements , we advertise your rental property, then carry out tenant & guarantor reference /s , Right to Rent checks, and then proceed to arrange for a an Assured Shorthold Tenancy Agreement to be signed, and set up payments due for rent and the Tenancy Deposit:
Landlords who wish to self-manage in the changing private rented sector will need the back up of easy to use letting and legal support. There are a number of organisations to help landlords run their letting business competently. Landlord Direct recommend a long standing and respected support service; Landlord Law, who have an excellent online platform that delivers the up to date forms, information and advice that private landlords need:
Landlord Direct has teamed up with Fantastic Services who provide a wide range of property maintenance services that are perfect for the private rental market.
Opt for a frequency that works best for you. Just visit their website to arrange your one-off service or to set up regular maintenance.
The company covers most London postcodes and offers flexible booking options, even on weekends and public holidays. Go to fantasticservices.com to check current prices and availability
or Tel: 44 2078462609.
Fantastic Services operate in a number of UK locations.