Criteria To Choose The Best Letting Agent In London

Criteria To Choose The Best Letting Agent In London

Renting your property is a tough task. You have to find the tenants, charge a good fee, collect that rent, as well as do all maintenance, and repairs, and chase down missed payments. You may like doing all of that, but there is a better way.

Pick a top letting agency in London to handle all the work for you. Their fees are reasonable and you can find some great agencies by following the upcoming information.

Finding a great letting agent or agency is not as difficult as it may seem.

How To Find Top 10 Estate Agents In London

There are several steps to follow to make sure you can filter out those agencies that do not do their best for you. Here are some of those steps to follow:

1. The Property Ombudsman (TPOS) or The Property Redress Scheme (PRS)

All letting agents must be a member of these schemes. To find out if they are or not, just ask or look for their certification. Some agents or agencies may be a member of ARLA.

2. Client Money Protection Scheme

If they are not a member of this type of scheme, then move on to another letting agency

3. Check Their Fees

Are the agents transparent about their fees or are there any hidden costs? You will find the hidden costs in the small print of their contracts.

4. Ask Key Questions

Some of those questions are, but are not limited to the following:

• What marketing strategies do you use? • Do you know the local area? • Does it take a long time to find a tenant? • What hours do you work?

Finding The Best Letting Agents In The UK

This will take some work as you will have to research different letting agencies to see where they stand in the industry. One of the best places to start your research will be any reviews they have written about their agents or company.

Of course, you have to take those reviews with a grain of salt but they give you an idea of what to expect. The next step would be to contact former clients to see if they were or are satisfied with the work they received while under contract.

First-hand accounts are a good source to see how well the company will work for you. Check out their ratings and their memberships. If they do not hold the right memberships move to the next company on your list.

After this, look for their experience. How long have they been in the letting business? Also, see how well they communicate with their clients. You do not want an agency that keeps you out of the loop and then springs surprises on you.

A final criterion should be how well you get along with your letting agent. Not every personality will match up so you need to take time to see if you can work with a specific agent or not.

Independent Or Corporate Letting Agents London

This can be a bit tricky as both options can be good or bad. You never know till after you sign on the dotted line. Experience can be a harsh teacher some of the time.

No matter which option you take, you still have to make sure the letting agent and company meet the above criteria. If they don’t then no matter how big or small the company, you need to move on to another name on your list.

Just because a company claims they can let your home or apartment quickly because they have a large number of offices throughout the city or country, does not mean they can.

The local independent agency may be in a better position to rent your home, etc. Because they are local and know the area well. Of course, being small and local does not mean they do their job well or are open when you need them to be working.

This is a judgment call. That is why you need to do some good research. For local agencies, you may want to talk to their neighbours and see what kind of reputation they have.

Picking the right letting agent or agency is all on your shoulders and it can be a very big gamble.

The Best Letting Agents In London

We do not want to blow our own horn but if we did not think we were the best letting agency in London, how would you come to us to help you let your home?

But a little pride aside, the best letting agencies or agents in London meet the above criteria. They also do not get offended when you ask them those tough questions. They will be happy to share with you their memberships, be transparent about their fees, and so on.

The best agents are professional and they know their business well. They do not make false or exaggerated claims, nor do they make bad promises they can’t keep.

They will be honest and let you know the real situation when it comes to renting your property. They will also let you know all their fees upfront so you do not have to worry about any hidden costs.

Their additional fees are not over-priced either. You should be charged reasonable fees for additional services. How a letting agency does business will tell you a lot about them and if they are the best or a wannabe.

Some Final Words

When you want to work with the best letting agency or agents, give our company a call. Not only do we have over 10 years of letting experience but we also hire the best letting agents possible.

Our estate agents are trained to be professional, honest, and to be transparent in all the fees charged for our services. When you have questions about letting your property, your answers are one phone call away.Our estate agents are trained to be professional, honest, and to be transparent in all the fees charged for our services. When you have questions about letting your property, your answers are one phone call away.

Talk to us before you talk to anyone else to get the real story of letting your property out. Hiring the best protects your financial picture.