When deciding whether you’re going to use a letting agent as a tenant or a landlord, it shouldn’t be a difficult decision. It’s estimated that only 20% of all homes in England are privately rented.* This shows how many tenants and landlords choose to use and work with letting agents. We are here to demonstrate the countless advantages you would receive when using a letting agent as a landlord or a tenant.

Benefits of using a letting agent as a landlord

When becoming a landlord, you can face a lot of responsibilities and challenges. You are responsible for the maintenance and upkeep of all your properties, inside and out. These responsibilities then begin to consume all your free time, and being a landlord can become more of a burden than you thought.

Hiring a letting agent would create less responsibility for you as a landlord, meaning you’re not required to manage your tenants. This will cause fewer problems and allow you to maintain a healthy relationship with your tenants, as the letting agent will act as the middleman.

Fast turnover between tenants
When trying to discover new tenants for a property, it can be very difficult for a private landlord. Tenants usually go to letting agents to find rental properties on the market. So, to prevent your property from having vacant spaces between tenants, using a letting agent can guarantee more exposure to the public, ensuring your property is filled quickly.

Required regulations
Letting agents are great at establishing a checklist for letting out your property, ensuring you meet all the required regulations and specifications.

These include:

• Gas safety certificate
• Electrical safety certificate
• Energy performance certificate
• Proof of tenancy deposit protection
• Fire safety measures
• HMO licence
• Landlord insurance

After your property has been filled with new tenants, you may think that your letting agent is no longer necessary, but this is where they can become the most beneficial. Letting agents look after your tenants and remaining the middleman keeps the relationship professional.

The only downfall of a letting agent is that they undoubtedly charge a monthly fee. The typical cost can be up to 15% of the total monthly rent.

Benefits of using a letting agent as a tenant

When trying to discover and rent a property in the UK, it can sometimes become one of the most complicated situations, especially if you rent through an independent landlord. We are here to ensure you recognise the simplicity of renting through a letting agent instead of an independent landlord.

Renting through a letting agent will ensure you are choosing the property you desire to rent and not choosing a property because of the better landlord. It allows an element of professionalism in renting a property as they maintain a professional relationship throughout the process.

Stress-free renting

Renting through a letting agent guarantees you will receive high standards and conditions for the rental property, as the letting agent wants to keep a positive reputation within the rental sector. The letting agent also ensures that everything is legally in order. Allowing you to rent stress-free. Agents in England are not required to be registered, so we always recommend looking for agents who are part of NALS (the national approved letting scheme). Agents being registered with the NALS ensures that they are part of the client money protection scheme, ensuring your deposit and monthly rent payments are kept safe and recorded.

 

We highly recommend using a letting agent as a landlord and a tenant. It simplifies both ends of the relationship and creates a smoother process for both.

Whether you're a tenant or a landlord get in touch with us today and discover how to rent the right way

 

Parkers Properties*

 

Before buying a home, you may consider its saleability; after all, it may not be your forever home. You may be interested in bagging a bargain by buying a property that you can add a lot of value to. This can be a good way of securing your financial future while creating a home you love and speeding up your ascent of the property ladder. Perhaps you are a seasoned property expert who loves nothing more than buying, improving, and selling for a healthy profit. Whatever your motives, here are some things to consider when you are looking for a home with a good resale value.

Can you improve kerb appeal?
The kerb appeal of your home is not everything, but it’s important. If the facade of your home did a good job attracting you to it, then chances are it will do the same for other buyers. However, there’s always room for improvement. Do the windows need replacing? Is the guttering in good condition? Then there is the garden, large, small, or nonexistent—a little effort makes a big difference. The power of a good clean, a better front door, or the addition of some fresh gravel to make the face of your home pop is profound.

How much potential has the garden got?
The simplest of properties often have bags of potential, especially in the garden. Research conducted by Zoopla revealed that 50% of Brits believe a well-designed garden is as important as a well-designed bathroom or kitchen.* There are no end of options for you to consider. From outdoor living spaces, free-standing structures, and purposefully designed areas defined by walls, raised flower beds, paving or gravel. Sometimes it’s just a case of making the best of what is already there with good maintenance and adding a few details, such as better lighting, some new plants, or furniture.

Is there scope to make the home more energy-efficient?
Having a greener vision for your potential home will make it more appealing to buyers in the future and reduce its running costs. How far you go will be largely dictated by your budget. Solar panels may pay for themselves in the long run, but if they are out of reach financially, there are lots of little things you can do. What is the EPC rating of the home you are viewing? The average in the UK sits at D.** It will not be hard to improve this with LED lighting, better insulation, triple-glazed windows, a better heating system, or by installing energy-efficient appliances.

Is the home’s interior in need of updating?
Kitchens and bathrooms make a big impact on the value of a home. So, if they need replacing, as long as you don’t overspend, improvements will increase saleability and your potential asking price. Many homes have already had a lot of improvements carried out. This makes your potential purchase an effortless one, and you know homes such as these will be sought after in the future. Conversely, you may relish finding a property that requires modernisation throughout. This will give you the opportunity to put your own mark on every room and redefine the property’s floor plan by removing walls.

Consider the location of the property
A good location is great, but an up-and-coming area can be even better. Sometimes it’s a financial challenge to find a home in the postcode you want. And if you do, the home you purchase will be in high demand now and in the future. However, if you buy in an up-and-coming area, the resale value and demand for your home will increase, while often costing a little less to purchase. Catchment areas, quiet neighbourhoods, and homes located near good transport links and social amenities all play a role in increasing demand for your home and increasing its resale value.

Get to know the market
Taking a peek at what other homes are selling for in the area and paying attention to the condition of these properties will shed light on any potential gains. Pick the brains of estate agents. Be honest and straightforward in your approach. Good communication with regular updates about potential properties and insights into increasingly improving locations will help you get a better understanding of the market. So, it’s always a good idea to get on the email list of a good agent, book plenty of viewings, and simply spend time discussing your requirements.

Zoopla*
Office for National Statistics 2021**

 

Do you feel that immediate sense of comfort when you walk through your front door?

Does your property truly feel like yours?

Adding personalised touches to your property, big or small, can make an impressive impact on the way a property feels. It can create a sense of comfort and calmness, allowing the property to feel like your home. Whether you rent or own your property, here are some top tips on how to feel at home.

Planning and preparation
Before diving deep into the exciting world of cushions and lampshades, we highly recommend creating a plan. This can range from choosing a certain colour palette to knowing precisely where each piece of décor will be displayed. This will give you a rough idea of how you will add a personal touch to your home.

Furniture
When sprucing up your property with personalised touches, adding unique, funky furniture that stands out can create a whole different atmosphere in a room. Allow the furniture to display your personality and make you feel like you’re in your own home. Are you a relaxed old soul? Discover a vintage cosy sofa to fit your personality. These pieces of furniture can all be enhanced by adding certain accessories.

Accessories
Adding accessories can be the most exciting part; you truly can allow your personality to explode. From the smallest coasters in the kitchen to a large, unique rug under your coffee table, accessories can make a home feel personal and comforting. Vintage stores are a great place to discover cheap but sophisticated, cosy items. The accessories that can make a beautiful, heartening impact on your living space at a low price are featured cushions and throws. There is such a huge variety to choose from, allowing it to become a piece of art within comfort.

Statement pieces
Do you have limited time to spruce up your property? Adding something as simple as walled mirrors or art, even a small cosy library in the corner, can make a large impact. This can even be as simple as a vase with flowers on your table or bedside, creating such a comforting feel. Having statement pieces is especially the best route for renters, as you are making the space yours without having to change the property overall.

Lighting
Whenever you walk into a room, lighting is one of the first things you recognise. Do you like a warm, cosy, amber feel or a white, crisp light? Investing in a lamp or even several can have a large impact on a room as it sets mood lighting and allows people to feel at ease and relaxed. Using fairy lights can create a beautiful, dynamic atmosphere in a home. If you are wanting a more up-market look in your home, placing a chandelier in the middle can create a profound effect on the feel of the room and can be recognised as a statement piece.

Indoor plants
Having botanicals in your home can create a warm, homely touch, as plants are warm art within themselves. Herb gardens are a great way to create a lovely smell and a homely look in your kitchen. If you think you would struggle to maintain a herb garden with your lifestyle, an alternate would be cacti, as it needs minimal help to grow and develop into a beautiful piece of art. Even a statement piece, if you can keep it alive long enough!

 

Understanding how the property market is evolving is crucial to making informed property decisions, especially if you’re considering a move. Let’s take a look at how the market has been shaping up so far this year, why it is a good time to move, and how you can make the most of today’s market.

 

Property prices are stabilising

According to Zoopla’s house price index, property prices did not change between the end of 2023 and early 2024 and decreased by just 0.8% compared to the same period 12 months prior.* This could be indicative of the country’s economy stabilising, with the government freezing interest rates at 5.25% over this period.

As a stabilising market increases the number of affordable properties available, it becomes easier for buyers to find a reasonably priced home within their budget. It also creates a less frantic market, which paves the way for a smoother buying process, allowing buyers to secure their desired property with less pressure from competing offers.

 

Buyer demand has increased

The start of 2024 has seen a promising increase in buyer demand, with figures showing a 12% increase compared to 12 months ago.* This could be attributed to the re-appearance of sub-5% mortgage rates, subsequently improving buyer affordability. Similarly, there has been a 15% increase in new properties appearing on the market for sale since last year.**

One of the primary benefits of higher demand and supply is the possibility of quicker home sales as more individuals look for properties. The increasing supply also ensures that there is a wide variety of properties to choose from, making it easier for buyers to find their dream home.

 

Housing market activity has also increased

The overall number of agreed sales has continued to remain high in early 2024, indicating that buyers and sellers are becoming more aligned when it comes to pricing. With new sales up 13% in the past 12 months and the flow of homes listed for sale up 22%,* it is clear to see that sellers are feeling much more confident.

The alignment in pricing expectations between buyers and sellers allows for smoother negotiation processes, as both parties are likely to reach an agreement more quickly. This reduces stress for both parties and increases confidence that the price they have reached is fair.

 

How your agent can help

An experienced estate agent can help you benefit from stabilising property prices, improved buyer demand, and increased market activity by using their knowledge and expertise to help you take advantage of the market's current conditions. They possess in-depth knowledge of the market and keep up to date with the latest trends, allowing them to provide valuable insights and an accurate valuation of your current property to help you make informed decisions for the future. 

 

Ready to make your move?