Thursday 1 November 2012

Renting out your flat - who would you trust?

Whether you've bought a rental property as an investment from day one or are now finding yourself a more or less reluctant landlord, who do you trust with your property?

We're predicting that there will be a bit of a change in the lettings & management 'scene' following new legislation that outlaws any premiums charged to (prospective) tenants - except deposit and rent.

What that means for lettings agencies is that they need to look at covering their costs elsewhere - or cutting their service to you. Whilst higher charges to you as the landlord might not sound like a great option, don't forget the alternative may be that your property is less well looked after.

Scare mongers, I hear you say! Far from it, but now is the time to ask your lettings agent how they are adjusting to the situation. To find out about our solution, visit us at the National Landlord Day at Edinburgh's Our Dynamic Earth on Tuesday, 6 November or drop us a line.

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