Property Auctions
All you need to know about Property Auctions
Free Property Advice - Letting AgentsLetting Agents add an additional layer of expense to your Buy To Let project. When added to the cost of your mortgage, your service charge (if it's a leasehold property) you may decide that you can do without a letting agent. Using the internet, its probably easier than ever to find a tenant and you can purchase a tenancy agreement from online solicitors. But if you allow a letting agent to find your tenant, you can expect thorough background checks to take place Letting Agents usually offer various levels of service. By opting for a full management service, if your margins allow it, you will be letting them deal with all the stress of landlord/tenant relations, and putting in a safeguard against non-payment as a managed service should include insurance for this. Having a full managed service from a qualified Letting Agent will also make more mortgages available to you, as lenders prefer to let you borrow when they know you have the safeguards mentioned above in place. For a full managed letting service, you can expect to pay your agent about 15% of the monthly rental income. Useful Link
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