What to do with the property you own?
Imagine the situation: you own a property you no longer reside in, and you’d like to use it as a rental to generate an additional income and to keep the property for financial investment. However, you don’t want to have to deal with tenants and chase them to pay their rent.
Standard letting agents will act as your marketing and screening tool for your rental properties. After you’ve met with the agent of your choice, they will come to your home and help determine the best price for renting your property. They will take pictures of your property (just like an estate agency does when selling your home) and then start marketing your property. Advertising in local papers, the agent’s website and other websites to which they are affiliated may all be part of this. Many letting agents are now using social media platforms like Facebook, X and Instagram in order to reach as many tenants as possible. For Letting Agents Bridgwater, visit https://www.sykesmoore.co.uk/lettings/
The agent will then arrange for a viewing to show the prospective tenant around your property. Once they have found a tenant who wants to move in, they will take care of all the necessary arrangements. They will conduct any background checks and get them to sign tenancy agreements. The agent will be present on the day of the tenant’s move-in to perform an audit.
Some agents who let your property will also act in the capacity of management agents. They will take action on your behalf if any problems arise with the property, such as tenants experiencing issues with the heating or other issues. You won’t be bombarded by calls every time your tenants have a problem.
