THE PROFESSIONAL ASSOCIATION FOR LANDLORDS
If a landlord doesn’t want to self-manage they can use an agent
If using an agent it is critical to ensure:-
– it is clear who does what, nothing worse than the tenant not being able to get something done because it is not clear who does it;
– there is a proper contract between the owner and the agent;
– the agent belongs to a property redress scheme (two available) and has client money protection (several schemes available);
– it is also important they belong to an accreditation scheme such as ARLA or Safeagent.
Whilst some landlords don’t believe they need the services of an agent, it is important to consider what will happen when they are on holiday, or sick. It is worth considering an agent to cover full management for this period, or get appropriate insurance (hyperlink).
Be aware that the Tenant Fee Act (hyperlink) applies to anyone letting property, agent and landlord alike.