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Letting is easy, with strong Tenant demand and a shortage of good quality rental stock whereas our Property Management expertise and strict Tenant selection criteria is what makes us the largest letting agent in Peterborough and gives us our reputation for being choosy. For successful property management - experience is needed.
In residential letting an agent needs to have been trading for many years to gain the experience required to handle the complex issue of letting and managing property. Quite simply put - they need to have made all the mistakes in the past to have learned from them as we have! Sadly many letting agents focus on letting only.
During the financial turmoil following the credit crunch we have seen many new letting agents appear - trying to cash in on the need to rent. Some offer low commission rates - as low as 8%. We have also seen many of the inexperienced letting agents fold in the last 3 years - often owing money to the Landlord.
Did you know that, although your letting agent takes a deposit from your Tenant, if the agent folds - you are responsible for returning it ?
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