call-to-action-mobile

Letting Agents can save Landlords money!

Fri 03 Mar 2017

A survey was completed by 500 landlords by insurance firm Endsleigh and the results suggest there are widespread misconceptions among landlords about the value for money offered by letting agents.

Of those landlords suggesting that they could save money by not using agents, the average sum ‘saved’ on fees was £159 per month.

However, comparative analysis of the rental income and void periods for those landlords with, and those without, agents suggested that in fact agents saved their clients an average of almost £2,000 each.

Most of the savings for landlords are created by agents minimising void periods when compared to landlords who go it alone marketing their property.

76% of respondents to the survey reported that their agent helped them pro-actively find tenants, as well as providing other services such as help with legal and financial matters and so contributing to a reduction in overall costs.

The survey suggests that relationships between letting agents and landlords are not about financial benefits alone.

Of those landlords who use an agent, 50% were most attracted to their agent because of their local knowledge and more than two in five claim that excellent service is a deciding factor. Some 41% feel the main benefit of working with an agent is that it provides peace of mind, and 25% say they communicate with their letting agent on a weekly basis.

“The closer we can work with our clients, the better we understand what’s important to them not just in terms of value for money but for maximising their profits too." says Rebecca Howland, Managing Director at Howland Jones letting agents. "Currently we are letting properties within an average of 13 days, so void periods really are kept to a minimum and our rent arrears today sits at 0.03%. These are just two of the ways we can save money for our clients in terms of money, time and worry."

If you would like to understand more about how working with Howland Jones can save you money, please contact Rebecca Howland directly on 01530 271313.

"We rented a 2 bed flat through Howland Jones for 3 and a half years and from the start to the end of our time, the service from Howland Jones was brilliant. Quick to get us in to the flat, always promptly met our expectations when we required assistance with repairs, contract renewals etc. I give them the highest recommendation, and probably would of tried to stay in another one of their properties if I had not relocated overseas!"
A Freitas

News Archive

April 2019

Section 21 changes proposed

April 2019

More change ahead . . .

April 2019

Client Money Protection Certificate

November 2018

Budget update on Capital Gains Tax

November 2017

Capital Gains & Marriage Breakdowns

November 2017

A Day in the Life of a Letting Agent

November 2017

Are your CO alarms safe?

November 2017

Cavity & Loft Insulation

October 2017

New Sales rules ahead

October 2017

Another ARLA pass!

September 2017

Rocket Ron's Handy Tip

Helpful Advice for New Landlords

Should I use an Independent Financial Adviser?

Capital Gains Tax explained

Q. & A. - As a landlord, how can I prepare for the forthcoming EPC changes?

A day in the life of a letting agent

No options for Landlords over HS2

September 2017

Howland Jones Landlord Wins Free Insurance!

September 2017

Tenant Fee Ban update

Fire Safety Regulations

VAT on Rented Properties

How will the Housing White Paper affect you?

A day in the life of a letting agent

Rocket Ron's Handy Tip

Q. & A. - My tenants have fallen out and one of them wants to leave the property, can they?

Council Tax - Who Pays?

September 2017

Summer Pests

September 2017

Rocket Ron's Handy Tip

Can I get my property back?

A day in the life of a letting agent

Making Tax Digital, from Andrew Stant, Johnson Murkett & Hurst accountants

September 2017

Noisy Neighbours?

Howland Jones Sales

September 2017

Tax Update for Landlords

Minimise Void Periods, Maximise Profitability

Problems with Rabbits?

What is a Stopcock & what does it do?

Letting Agents can save Landlords money!

September 2017

How to become a landlord

Q. & A. - Is "Professionally Clean" really necessary?

September 2017

Ban on Agent fees to Tenants

Post Brexit – the rent arrears risk

Ensuring you serve a valid section 21 notice on your tenant

The Mysterious Case of the Purple Toilet Seat

New EPC Rules

September 2017

Do you want to be a landlord in 2017?