Top 10 things to look out for in a lettings agent in Didsbury
The UK rental market is huge – and growing bigger every year. More than one in three people rent their home as opposed to ownership.
A letting agent plays an important role between landlord and tenant, keeping both parties happy while taking the time and hassle out of managing a property.
There are several things to look out for in a lettings agent in Didsbury to ensure you get the best value for money, great service and happy tenants.
Using a letting agent can be a useful asset to you if you don’t have the time to manage the properties yourself, you live a distance away from the property, or you can’t travel to the property to deal with emergency repairs or maintenance.
Most letting agencies offer different types of services, depending on the requirements you have for your property portfolio.
- A ‘let only’ service where the agent will market the property, provide tenant vetting and collect the first month’s rent
- A ‘rent collection service where the agent will let the property as per the ‘let only’ service and collect the rent on a monthly basis.
- A ‘full management service where the agent will collect rent each month, handle repairs and emergencies, and market the property on your behalf
Finding a reputable letting agent for your property portfolio in Didsbury will give you the time to focus on growing your portfolio.
Why choose Didsbury?
Full of independent bars and restaurants, galleries, and local delis, Didsbury has become one of the most desirable areas in Greater Manchester in the last decade.
The leafy suburbs are home to young professionals, families, and couples looking for the balance between suburban life without being too far from the city center.
Didsbury is well connected to the center of Manchester via the Metrolink and has a regular bus service, making it perfect for commuters.
Because of its appeal to different demographics, the Didsbury property market is at a premium, with an average property price of upwards of £350,000.
What to look out for in a lettings agent
We’ve put together 10 things to look out for in a lettings agent in Didsbury to ensure you get the best service, at the best value for money.
1). Up to date with current legislation
Keeping on top of ever-changing property legislation can be a minefield for landlords. There are currently 175 Acts and Regulations that apply to private landlords. A good quality letting agent will have knowledge and understanding of current legislation and safety guidelines for landlords and properties.
When you are looking to sell or let your home, you want reassurance your property is being looked after by knowledgeable professionals. There are currently no formal requirements to hold professional qualifications in order to work as an Estate or Letting Agent. Look out for an agent whose team holds industry-recognized qualifications.
At homes4u, many members of our team already hold Property Mark ARLA/NAEA recognized qualifications or working towards property qualifications, making us specialists in the field.
3). Local knowledge
A great lettings agent will know the area your property is in having worked in the area for many years.
Local staff will have excellent knowledge of the area and the local property market meaning that void periods will be kept short.
With over 30 years of experience within Greater Manchester, we have a great understanding of the local area.
4). Positive reviews
Customer service should be paramount to any good letting agent, and the reviews received should reflect that.
When contacted, the letting agent should respond to phone calls and emails promptly and be professional and helpful towards you.
5). A clear contract
A detailed management contract should be given to you, and list the following:
- How much notice is required to cancel a contract
- Charges for when the property is empty
- Service charges for inventories
- Tenancy agreements
- Any additional costs or charges
6). Competitive pricing
Great letting agents are competitively priced. Very low prices can indicate that agents are cutting corners, or the service you’ll receive won’t be the quality you expect.
7). Record keeping
Property maintenance requires taking responsibility, and a good letting agent should keep up to date records of the following to ensure tenant and property safety:
- Energy performance certificates
- Annual gas safety checks
- Regular maintenance visits and inspections
- Recording accurate inventories
A reputable agent will inform you in plenty of time when checks are required and any feedback or observations from them upon completion.
8). Repairs and maintenance procedures
Determine whether a letting agent has robust procedures in place for dealing with maintenance and repairs.
There should be an agreement in your contract to confirm the level of maintenance the letting agent will undertake.
Many letting agents also have an approved list of reliable tradespeople for you to access for any major repairs, maintenance or larger jobs around the property. Our approved repairers are on hand to assist 24 hours a day, seven days a week.
9). Legally compliant
Reputable agents will comply with legal requirements and have professional indemnity insurance and client money protection.
There are several government-approved tenant deposits schemes the letting agent will need to arrange for the tenant deposit to be placed in, either:
Check this before you agree to work with any letting agent.
10). Knowledge of a broad range of properties
You may have specific requirements for the management of your property. Whether it’s a niche building, several types of property in a portfolio or an HMO, make sure it’s within the agent’s expertise.
Looking for a letting agent in Didsbury? Choose homes4u
If you’re looking for a great lettings agent in Didsbury, look no further than homes4u. Our expert team can assist with all your property requirements, from fully managed services to property maintenance. Get in touch with us today.