Letting agents provide a wealth of benefits to landlords and tenants alike. Aside from the obvious savings of time and stress, they offer professional advice with regards to landlord obligations while also providing excellent marketing skills to give your property maximum exposure. They have the necessary resources to find the right tenants efficiently, perform regular inspections and maintenance when required and can take care of rental contracts, deposit protection and more.
For tenants, a letting agent can offer insight into what to look for when searching for a new home. They are experts on the local area and can provide information about amenities, transport links, rates of crime and other important aspects to consider when renting. Letting agents also make it easy for tenants to apply for a property and keep track of viewings in Leeds. They provide an impartial third-party service to help ensure landlords are fulfilling their obligations and that any deposits are secured through appropriate Tenancy Deposit Scheme (TDS).
On the landlord’s side, a letting agent can act as a point of contact for the tenant and resolve any disputes. The letting agent carries out transfer of funds between tenant and landlord, manage background checks, collect rent and can offer reliable advice on rent prices.