Renting Directly from your Landlord
Advantages
- The landlord will often only charge a minimal fee or even no fee at all for checking references and credit history.
- Dealing with a landlord direct, rather than through a letting agent, cuts out the middle-man and can speed up requests for repairs.
- Renting direct from a landlord can build a stronger relationship between the landlord and tenant, which can minimise the potential for a tenancy dispute.
Disadvantage
- Without a letting agent there is very little legal redress should issues arise such as failure to carry out repairs.
Renting through a Letting Agent
Advantages
Disadvantages
- The letting agent will charge fees to the tenant for administrative costs, which can be in the region of £150 per person.
- Having an agent can slow down a landlord's response to problems as it creates another tier to deal with. A good letting agent should arrange with a landlord provision of a fund for emergency repairs in case the landlord is away or cannot be contacted.
See also: Find Letting Agents
| Did you find this page useful? If so, please bookmark or share it: |
|
| | |