29th November 2016
The other day I read a shocking news story, one that has really stayed with me - a landlord had been given a lifetime ban on letting properties. It’s a thought that would bring any landlord out in a cold sweat, and it was all down to him breaking the law.
He was renting out a three-bedroomed, two storey home to eleven tenants. Multiple beds were shoved into rooms and neighbours had complained about noise and anti-social behaviour. Described as a slum, he was charging on average, £1,100 per tenant, and was really taking advantage of London’s rental market.
The quick win he thought he was getting had led him into hot water- slapped with a ban and a fine to cover costs, he won’t be letting out properties ever again.
It’s not the most uplifting of stories, but it does highlight how important it is to abide by strict regulations when letting your property - it reminded me of why I’m so passionate about all that Concentric Sales and Lettings have to offer. We’re here to equip and support landlords on their journey to getting the success they deserve.
Many of our expert team are landlords themselves, and really practice what they preach. They’re geared with local knowledge, and offer a full property management package. If you need advice or are worried you’re not 100% informed of the legality that comes with letting your property, that headache is erased when you place your trust in us.
We’re focussed on ongoing development, and our on-the-ground agents are constantly evolving, through training and their thirst to retain their position as experts in their field.
If you want to take the first step in your letting journey, you can book a free valuation here. Your local branch will visit your property and will advise you on whether now is the best time for you to either sell, or let. They’ll also arm you with advice on how much your property is worth, and a breakdown of the full costs involved with taking the plunge.
Alternatively, if you’d like a quick and convenient way to gain a free, immediate valuation of your property, you can enter your details into our valuation tool.
When it comes to letting your property, don’t run the risk of dropping the ball with regards to red tape. We’re here to provide you with everything you need to know - experts local to your areas will give you the insight, knowledge and time to take the process off your hands, and to market your property to the most suitable tenants.