Many Landlords think that letting out there 2nd property or investment properties is an easy job however, as most come to realize there are many complications.
The main problems that tend to occur are block management disputes, deposit disputes and disputes over who is responsible for repairs etc.
At AA Property Services, Clifton, Bristol we try to advise landlords with impartial and helpful advice.
The most straight forward, invaluable advice that we will offer is simple and many would think obvious that is for all Landlords to not cut corners and do everything above board. Due to the age that we know live in there are many rules and regulations that have been put into place to protect both Landlord and Tenant.
For Landlords when they buy an investment property it is vital to make sure that you have a reliable management company in place. After this the next step is to make sure all the fixtures and fittings are in good condition.
You are now ready to rent out your property. For the sake of a couple of hundred pounds you cannot beat going through a letting agent. They (should!!) make it a stress free process for you. Your property will be seen by the widest audience possible and will be handled in a professional manner. If any tenants are interested in renting your property they will have to pay a holding deposit whilst they are fully referenced from employment, old landlord and down to there credit history you as a Landlord can rest assured that you have the best tenant possible in your new property.
On move in day they will be made to sign an in depth tenancy agreement along with an inventory of the property meaning all potential problems that you could come to face in letting out your property are virtually nullified by the tenants signing many legal documents.
By doing this if the worst case scenario was to occur and the tenants caused damage to a high magnitude the cost would now be fully their responsibility.
This is the main contributing factor where a letting agent can really help you. Therefore our best advice would be for the sake of a couple of hundred pounds us a professional letting agent for total peace of mind. iraqi dinar