No matter whether you have one property or a portfolio of properties, you will need a letting agency to help you find tenants and deal with all of the legal aspects of the process. Although there are many letting agencies London wide, you are advised to use the services of an online letting agency. This is a great way to save money, as you will discover below.
A lot of people think that London letting agents are expensive, especially those who have short term lets, as there are often costs each and every time a new tenant stays in your flat or house. The costs seem to be never-ending – you have the expense of the rental agency putting the contracts together, the cost of referencing, inventory expenses, and much more. Instead, with an online letting agency, you will pay a fixed fee. Everything will be included in the cost, and thus you will know exactly how much you need to spend. Not only does this make the whole process cheaper, but it is easier to manage expenses as well.
But, are there any risks in opting for a service that is based online? Absolutely not! If you think about it, the vast majority of property seekers nowadays look for the perfect property for them using the Internet. They search through the popular listing websites to find something that matches their requirements. Therefore, it makes sense to opt for an online service. Moreover, an online agency is open 24/7, which is an advantage over high street letting businesses.
All things considered, if you want to avoid the ridiculous fees that are associated ith typical estate agencies, including unnecessary credit check and admin costs, you should look for an online letting agency. If you go for one of the high street letting agencies London based, the costs you will face will be extortionate.