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#774309 - 5th Mar 2013 12:38pm letting a house
yr20405 Online   content
Member

Registered: 15th Feb 2013
Posts: 74
Loc: wirral
Recently bought a house, thinking of putting it up for let. Any recommendable estate agents I should use that are good and cheapest to use?

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#774341 - 5th Mar 2013 3:27pm Re: letting a house [Re: yr20405]
Sneezy Offline
Veteran

Registered: 24th Jan 2010
Posts: 704
Loc: Moreton (Missing New Brighton)
Can you release any info about the property 1st, such as area, number of beds etc....you might be able to let it out without the agents fees etc ( on both sides) smile

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#774345 - 5th Mar 2013 3:33pm Re: letting a house [Re: yr20405]
pokerchamp Offline
Wise One

Registered: 29th Aug 2011
Posts: 820
Loc: wallasey
where is the house?

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#774356 - 5th Mar 2013 4:12pm Re: letting a house [Re: yr20405]
ShaunTheSheep Offline
Addict

Registered: 9th Jul 2012
Posts: 216
Loc: Wallasey
Go Direct Lettings, Cole Street, Birkenhead
_________________________
shaunthesheep

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#774403 - 5th Mar 2013 7:24pm Re: letting a house [Re: yr20405]
julie253 Offline
Enthusiast

Registered: 21st Feb 2010
Posts: 184
Loc: wallasey
Put it in the property section. I did with mine and got loads of enquiries, although I did go through an agent in the end but only because I was taking a prior tenant to court and wanted help and advice

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#774422 - 5th Mar 2013 8:18pm Re: letting a house [Re: yr20405]
ponytail Offline
Smartchild

Registered: 31st Dec 2008
Posts: 578
Loc: wirral
I'd advise using a letting agency that guarantees you the weekly/monthly rent if the tennant does not pay. I cannot remember the term for this but it means you won't be out of pocket with a problem tennant - the agency still pay you this and take action against the tennant.

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#774525 - 5th Mar 2013 11:57pm Re: letting a house [Re: yr20405]
Elizabeth Offline
Veteran

Registered: 28th Jul 2011
Posts: 719
Loc: Prenton, Wirral
We have two houses that we rent out on Wirral, I wouldn't even consider doing anything without an agent. We use them for managing the property as well as doing background checks on anyone wanting to rent. I think the fee is around 10% of the monthly rent for the service and we use Clive Watkin.
I like that I can keep it very business-like. I don't know who my tenants are other than their names and that suits me just fine.
So far touch wood, in the last 2 years we've had no problems at all.
Go for it, you won't regret it smile


Edited by Elizabeth (5th Mar 2013 11:58pm)

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#774618 - 6th Mar 2013 2:02pm Re: letting a house [Re: yr20405]
stu6278 Offline
Member

Registered: 20th Sep 2010
Posts: 73
Loc: New Brighton
I think if you're going to live a distance away from your rental property then it's far easier and safer to use a letting agent. The average commission for them seems to be around the 10 - 12% mark although there are other fees involved too.

We're only a 10 minute drive from the house we let out so decided to do the property management ourselves. Saved us over a grand so far, plus the tenant saved a shed load in extortionate agents 'fees'.

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#774736 - 6th Mar 2013 7:55pm Re: letting a house [Re: yr20405]
Sallybear Offline
Smartchild

Registered: 5th Apr 2009
Posts: 587
Loc: Wirral
We are looking to rent a house, have rented a flat with no problems for just over 3 years, no agency and wouldn't touch an agency property with a barge pole, we have never been late with rent and are good tenants. Don't just think that agencies protect you from bad tenants, better to rent privately. Agencies will only allow tenants with good credit files, but people with not so good ones can often make better tenants.

Just my thoughts really. Best of luck whatever you do.

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#774750 - 6th Mar 2013 8:22pm Re: letting a house [Re: yr20405]
Sneezy Offline
Veteran

Registered: 24th Jan 2010
Posts: 704
Loc: Moreton (Missing New Brighton)
How do you find private landlords that'll rent you a property without an agent ??
Spent over 1500 in the past 14 months on 2 moves because of deposits and agent fees !! frown

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#774845 - 7th Mar 2013 7:55am Re: letting a house [Re: Sneezy]
stu6278 Offline
Member

Registered: 20th Sep 2010
Posts: 73
Loc: New Brighton
We did ours through a small ad in the Globe. You could try looking on sites like gumtree or craigslist, plus I think a few house rentals get advertised on these forums every so often.

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#774849 - 7th Mar 2013 8:15am Re: letting a house [Re: yr20405]
MadonnaFan Offline
Enthusiast

Registered: 12th Feb 2013
Posts: 139
Loc: Wirral
Where is the house?

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#774940 - 7th Mar 2013 2:19pm Re: letting a house [Re: MadonnaFan]
yr20405 Online   content
Member

Registered: 15th Feb 2013
Posts: 74
Loc: wirral
It's in the Upton area detached 3 bedrooms has en suite, bathroom, living room, dining room, kitchen, garden.Companies like Bradshaw Farnham & Lea, Brennan Ayre O'Neill, Clive Watkin Partnership, Jones & Chapman, Karl Tatler Estate Agents, whitegates do they all charge similiar? Not sure which agent to go with that has the better deal , I was thinking joining with an agent because it's less of a hassle they sort everything out for you.

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#775042 - 7th Mar 2013 8:27pm Re: letting a house [Re: yr20405]
Happy Birthday eggandchips Offline

Forum Master

Registered: 2nd Nov 2011
Posts: 2423
Loc: wallasey
ive heard valentines are quite good
_________________________
cos i'm that kinda guy...

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#775152 - 8th Mar 2013 1:24am Re: letting a house [Re: yr20405]
Elizabeth Offline
Veteran

Registered: 28th Jul 2011
Posts: 719
Loc: Prenton, Wirral
Originally Posted By: yr20405
It's in the Upton area detached 3 bedrooms has en suite, bathroom, living room, dining room, kitchen, garden.Companies like Bradshaw Farnham & Lea, Brennan Ayre O'Neill, Clive Watkin Partnership, Jones & Chapman, Karl Tatler Estate Agents, whitegates do they all charge similiar? Not sure which agent to go with that has the better deal , I was thinking joining with an agent because it's less of a hassle they sort everything out for you.


I mentioned on an earlier post that we use Clive Watkin on Woodchurch Rd, Prenton. I really have no complaints about them at all, they're quick to contact me over any issue there might be from the tenants and also if I email them, they get back to me within an hour or so.
I know a lot of the people on here say they wouldn't rent a house through an agent but I wouldn't do it any other way.

They get everything set up such as the gas safe certificate and whatever the electrical equivalent is, they do a full inventory of the condition of the property before tenants move in, they do credit checks and previous landlord references on tenants and once every few months they go around to the house to make sure all is well with the property and the tenants are looking after it well.

I pay 10% for the full management option although you can get them to just find the tenant for you and then manage it yourself. I just like it because we are so far away and I know that if ever the rent is late, one email to them and they respond and find out what's causing the delay straight away.
If this is your first time at being a landlord, maybe try it first of all using an agent just to see how it goes, you can always go it alone at a later date if all works out well.
Incidentally, the two sets of tenants we have renting our properties did not pass the credit check (one is paid in cash and the other didn't earn quite enough to qualify), but because they had excellent references from past landlords we took them anyway and have no problems.
We intially started them with a 6 month lease and now go month to month.
You can always send me a PM and I'll be happy to answer any questions if I can smile
Also there's a website "Landlordzone" which is a good place to have a look around. Lot's of resources on there, but don't be too scared off by some of the horror stories you might read on there

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