There will always be a need for property to rent in the private sector, especially as most Local Authorities now have very limited stock available.
We always have a constant stream of prospective tenants looking for properties to rent here in Rugby so property investment is still a good choice - particularly in the light of the current very low interest rates
That’s all very well but most first time investors tell us it is a bit scary wondering if it’s the right thing to do. Firstly we would advise that they use a qualified Letting Agent because like all investments where money can be made there are risks but we can take several steps to at least prevent the pitfalls - and this comes after years of experience
Of course all Landlords want a good service from their Letting Agent but what does that really mean?
That all prospective tenants are thoroughly checked to prove suitability
That their properties are occupied all the time – this should be achievable if the rent is set at current market rates and the property is in good order
That they receive regular rental payments in full and on time together with a statement of account for their own records
That their properties are regularly visited and well maintained
That the Letting Agent offers a 24 hour service in the case of emergencies and that they use fully qualified tradesmen with public liability insurance
That they have no hassle with tenants and can get on with their own busy lives
That they are complying with all laws relating to being a landlord and renting property. It could in future be a pension – or perhaps pay for a child’s education
Our services are based on these needs and our fees remain highly competitive.
We look forward to working with you