Planning To Let Out Your Home? Know All About Landlords, Estate Agents & Lettings Agencies

Landlords and letting agents: Landlord is the actual owner of properties. They are ultimate receivers of the rent you pay and there are some rules that one needs to check if they are abiding by -

• they should give you a (mostly written) contract

• the property must have gone through and passed all gas and fire checks and should be in a good condition in general

• get all the repairs done if need be

• cannot ask you to vacate the property without prior notice (at least one month before)

There are other rules also which one can very easily find on the internet. There should be clarity and understanding between the tenant and the landlord if the renting is being done on a ‘fixed term’ basis or a ‘periodic’ one.

Sometimes landlords use letting agents to help them manage, advertise and rent properties owned by them. They also help in setting up contracts between the landlord and the tenant. LAs run privately, taking care of the properties of several landlords at one go. If one wants to consult agents to show them various properties, they need to get themselves registered for free.

• Is one option better than the other?

As far as money is concerned, renting directly from the landlord turns out slightly cheaper, as they rarely charge administration fee. On the contrary, since most of them live very far away from their respective properties, it’s better to go through letting agents Tunbridge Wells and other such places have several reliable and trustworthy agents and landlords who help you rent properties safely and smoothly.

• Key difference between Estate agents and Specialist Lettings

If one rents home privately, it may turn out to be a hassled job for many. Most of the landlords go for respected and well known estate agents. However, lettings estate agents might not turn out to be the best choice, mostly. This is because estate agents aren’t specialized to handle lettings, which seems to be just a tiny part of their services and this may prove to be problematic for landlords.

The prime focus of lettings agents is sales so one should consider hiring a specialist lettings agency instead, who work purely for lettings. Overall, there are several things one needs to consider before renting out properties. One should keep all these facts in mind so that they are able to make the best decisions.