Why Landlords Should Use Agents
These are challenging times across the country, and it is easy to see why some people look at the rental market with a slight air of concern at this point in time.
The rising cost of living makes life harder for many people, but it also creates opportunities in the property market. The situation needs to be handled delicately, but a good landlord can provide an affordable and positive environment for tenants.
If you would like to learn more about the opportunities on offer, we can help.
We are on hand to help
A lot of people believe landlords need to be hands-on when letting property. This isn’t the case. Someone should be hands-on with tenants, but it doesn’t have to be landlords.
This is a service we provide to landlords through our property management service, and it is one that makes the rental market a greater opportunity.
Many of our landlords are based in London, the UK and throughout the world and entrust us to ensure their property investment in London is being looked after and their tenancies are being kept up with the latest legislation.
Calling for an expert in this field makes sense, and we are more than happy to assist you. We have 20+ years experiencing assisting landlords in rental maximisation and professional property management.
Propertymark said: “Almost everything can be overwhelming when trying to tackle it alone. Just as nobody would think twice about consulting a solicitor for legal advice, the first port of call for advice on landlord issues should be a highly trained Propertymark expert. Whatever the problem faced, there will be options to explore, and solutions to be found. It insists that despite the increased restrictions on landlords, with more likely to come through an imminent Rental Reform White Paper, a decision to quit the sector “is likely to be premature and ill-advised.”
With the amount of legislation that exists for landlords now more than ever landlords are seeking professional help.
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There is an opportunity for landlords
Rents have risen and are set to do so year on year, demand for rental property by tenants is outstripping supply, the rate of inflation is set to rise year on year with money in the bank being worth less and savvy people are looking for tried and tested investment opportunities.
You also have a situation where empty property voids at their lowest level for a number of years.
When you add other factors supporting the property sector as well you have conditions which are conducive to being a success in the rental market.
Propertymark also said; “Navigating the requirements of being a landlord is not easy, particularly for someone new to the experience or who lacks the time or expertise to keep on top of evolving demands. Agents are professionals who are required to be trained to a higher standard than the law demands and can offer advice and support to make the experience of being a landlord simpler. They understand the pressures that landlords are under and can cut through the jargon and confusion to provide the answers and solutions needed, whatever the situation.”
Contact Regal Estates for all of your North West London lettings market needs.
If you are interested in our lettings or property management services or you are looking to buy, sell, let or rent property in or around Willesden, call us on 020 8459 2530 and a member of our estate and letting agent team will be happy to help.
Ares we cover (but not limited to) are lettings in Willesden Green, Willesden, Dollis Hill, Harlesden, Kensal Green, Kensal Rise, Kilburn, Wembley Park, Kingsbury, Queensbury, Harrow.
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