Monday, September 5, 2011

Letting your property

The South West of England boasts some of the finest villages, towns and cities in the whole of Great Britain, therefore it's little wonder that so many people are relocating in that direction.

While house prices remain just out of reach for the majority of aspiring first-time buyers, it does mean that the rental market is thriving and landlords are reaping the benefits.

If you are trying to let your South West property for the first time, then engaging the services of a Bristol property management company will prove invaluable. Why, you ask? There is a lot more to letting a home than first meets the eye.

Simply posting an advert on the internet can invite trouble on both sides. You could unwittingly attract undesirable tenants who cause damage or fail to pay rent. Or you could find you have not adhered to a particular legislation, meaning that you have put your tenants' lives at risk. It is a minefield out there, hence why expert advice is vital.

In terms of security, using a management company will deliver peace of mind. These specialists and members of regulated body, ARLA, will dot all the 'I's and cross all the 'T's. They will ensure compliance with the necessary regulations and check that all legalities have been adequately satisfied.

They will act as the 'middle man' when it comes to your tenant search, finding individuals who meet your criteria (i.e. no pets, no smokers) and vetting them as appropriate. They will also deal with the financial side, obtaining guarantors where required and facilitating the payment of rent into your bank account.

As and when required, the management company will provide support and guidance to you, the landlords. As they concentrate on lettings, unlike estate agents, they have the time to give you a bespoke, comprehensive service.

This is your South West home, your investment and letting it to some complete strangers is a big deal. That's why it's so important to get help from an expert.

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