If
you are considering investing in a buy
to let property then it is also worth bearing in mind
that an estate agent can also act as
a leasing agent. The estate agent can save the
landlord time and resources by finding prospective tenants
on the landlord's behalf although the fee charged by estate
agents can vary greatly. As a landlord you will have to
decide whether you wish to use the estate agent as a manager
for your property or whether you just want to uses their
services for arranging a new tenancy agreement with tenants
for property rental.
Some of the fees the estate agent may charge the tenant
including application, administration and processing fees
and the contract that they will typically arrange be an
Assured Shorthold Tenancy agreement. When browsing the
new Landlord website
you will find plenty of information and advice about investment
property, the tasks they undertake and the fees that
they charge to both the landlord and to tenants and you
will also see several adverts offering the services of
different estate and letting agencies may prove particularly
useful.
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