Get P L Rental Properties

The letting agent takes full control of managing all aspects of letting your property, including the services offered under tenant find and rent collection. They will correspond with the tenant throughout the tenancy, organising maintenance, inspections, check-in, check-out and any deposit disputes.

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The letting agent will collect and handle the legal requirements over protecting the deposit and collect the rent from the tenant. They will also chase up any rent arrears, serve notices and be on hand to advise you should tenants continue not to pay rent.

As a private landlord, you have complete control over every aspect of your rental property, but it can mean you're on call 24/7. Letting agents on the other hand can manage the majority of your landlord responsibilities, saving you more of your precious time – but you're likely to pay a pretty penny for the privilege.

Starting your own lettings agency Your business presence, traditional or online. Business promotion and what makes a difference. Essential documentation: tenancy agreements and Terms of Business. Compliance matters: what you need to know. Legal and safety requirements. Property legislation. Licensing.

So, are renting and letting the same thing? No, they are not. Renting is when you pay to use something that belongs to someone else. Letting is when you allow someone else to use something that belongs to you.

If you are time conscious then renting from a private landlord may be the best choice. If you have a bad credit score this can be seen by letting agents when they run credit checks. However, private landlords do not tend to run these credit checks and so you should be able to rent easier with bad credit.

The main difference between a private landlord and a landlord who uses a letting agent has to do with the amount of distance between the landlord themselves and the person renting the property. A letting agent is somebody who managers properties on the part of private landlords.