People choose to let their property for a variety of reasons – some decide to let as they can’t keep up mortgage repayments and will change to a rented property for smaller monthly outgoings. Others choose to let just one room in their property for extra cash, and there’s those who choose to let just to make extra income. Whatever your reasons for letting, unless you are an expert in letting properties, you will probably need help from a letting agent in Manchester.

If you have the luxury of time then letting your own property may be a route you decide to take, but for most of us, we are working full-time and looking for extra ways to increase our income. There are a number of factors involved in letting property and if you are new to property letting, I’d recommend finding a reputable agent to guide you through the letting process.

Manchester is a popular and vibrant city to live in and there are many young professionals looking to move to the city centre and set up home. City centre living can be pricey so offering a slightly lower rent than the properties around you will give you a strong lead against your competitors. You’ll need to make sure you rent covers your mortgage, bills, insurance and unexpected house maintenance, and if you’re hiring an agent you’ll need to cut your projected rent by 10% (or possibly less). Finding a reputable letting agent for your Manchester property to let should be an easy task as long as you are aware what you need to look for in a letting agent. You want your letting agent to be reputable and honest, and you want them to find you suitable tenants for your property, not just the first people who come along so they can take their fees and run. Read up and do your research on Manchester city centre letting agents, read previous testimonials left for letting agents who have sold similar city centre properties to yours – how long did it take them to find suitable tenants? Find out through word of mouth from other people letting in your area. Always meet your potential letting agents for an interview, they should be willing to make time for you and find out what you want to gain from your property. If you are happy with the approach they propose to take you’ll then need to decide how much management you are giving to your letting agent.

A letting agent can take over as much or as little of the management of your letting as you wish. You may just want to hire a letting agent in the initial stages to find you your tenants and do all of the relevant checks and viewings, or you may want your letting agent to take over all aspects of your property management: tenancies, viewings, property inspections and property repairs.

Letting agents get a lot of bad press but the majority are reputable and work hard to let your property to suitable tenants and keep it maintained throughout the various tenancies. If you are working full-time and don’t have the time to deal with your property yourself then hiring a trustworthy letting agent will definitely be beneficial to you.

Ben Greenwood is writing on behalf of Shepherd Gilmour, letting agents offering Manchester property to let.

Ben Greenwood is writing on behalf of Shepherd Gilmour (http://www.shepherdgilmour.com), Manchester estate and letting agents.

Author Bio: Ben Greenwood is writing on behalf of Shepherd Gilmour, letting agents offering Manchester property to let.

Category: Real Estate
Keywords: manchester city centre letting agents, ancoats property, castlefield property