Blog

‘What agents do’ – No 1: Good Advice

Straight-talking sincere advice can be invaluable in a world where too many people would just tell you what you want to hear! For example, the oldest trick in the book is for an agent to suggest an inflated suggested asking price in order to impress you enough to secure your business, only for tears to follow down the line when the property has gone stale on the market and the price has to be dramatically reduced in order to secure a sale.

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Buying To Let

As pension funds shrink, many people consider the buy-to-let opportunity as a viable alternative, and with good reason. The effect of low interest rates and a historically rising property market make buy-to-let one of the most attractive investments accessible to the public. And the great thing is – you can use the bank’s money! The average national annual return is over 5%* excluding capital growth – which has always risen strongly over the longer term. (NB: such an investment was never designed to be a short-term “fix”!)

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Showing Tenants Around

Some people feel that flats and houses should be able to “let themselves” and do not need to be “shown” by letting agents. Whilst this may be true of certain exceptional properties, or where achieving the optimum rent is not an issue, most properties require the skills of a well-trained letting agent if they are to secure a good rent within a reasonable timescale.

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