Some 55 per cent of landlords using letting agencies do now know whether the agents are in any professional body.
Some 37 per cent were aware that their agent was a member of ARLA but if they were members of any other trade bodies, they were little-recognised - only 11 per cent of landlords knew whether their agents were members of RICS and nine per cent knew whether they were in The Property Ombudsman scheme. *
The findings came from the Property Academy’s latest annual survey, which questioned a large sample of 2,948 landlords across the country and Courtesy of Lettings Agency Today.
On the 17th and 18th September Parson Estate Agents are holding their quarterly Landlord Advice and property Investment Evening.
Director Kevin Parson, Director said “I feel it is important for new and existing landlords to listen to impartial and professional advice to make a balanced decision on the best route to being a landlord and maximising their investment. At the evening, I cover avoiding rental voids, rent and deposit protection, adequate insurance, leveraging the investment together with the advantages and pitfalls of letting property. In addition, we always feature a particular investment and always have guest speakers adding to our information evenings.”
Another interesting finding emerged from this year’s survey, recently published..... rent void periods was by some margin the biggest worry which landlords had about their portfolio - significantly outstripping problems such as arrears or property damage.
The evenings do tend to be very popular, so if you would like to attend which are free, call 01379 650680 or 01284 718828 to reserve your space. Parson, established in 2002, are Independent Estate Agents with offices in Diss, Harleston and Bury.