They won't really help when it comes to the big stuff: non-payment of rent, major repairs, notice periods, etc.
The big cost is the agent's fee itself - 8% +VAT eats a lot into your rental profits though.
If they can't take on the big stuff, they are a waste of time and money
If they can't take on the big stuff, they are a waste of time and money
No agent has the power to deal with tenants who go rogue
No, but they generally have experience in prevention rather than cure. As one said to me a while back, they don't need the hassle from both sides if the tenant is a problemNo agent has the power to deal with tenants who go rogue
If you can't take on the big stuff then sell up and buy some Prize Bonds
. I say luckily because if you had taken in as tenants pilots ,
hotel managers , gym managers , pub managers or other similar professionals you could be out of business because of Covid.
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