How High Rental Yields Can Leave A Hole In Your Pocket

Is rental yield really that important? This is a question I've found myself asking time and time again lately as I talk to property investors and landlords with properties to rent or let out in Leicester. The conversation usually goes along the lines of an investor saying to me "the yield is too low, the numbers don't stack up. Up North, I can get double the yield!" I argue this isn't a great measure of investment potential. Let me explain; A straight buy to let in Leicester will get you anywhere between 3-6% gross at average sales value, depending on [...]

What do letting agents do when looking for tenants?

When you invest in property, it isn't always feasible to let your property and manage it yourself, especially when you live far away from your properties which is why finding a good letting agent is key to effectively managing and letting your properties. When Harry Albert Lettings & Estates are instructed to let a property, we look for tenants in a unique way by targeting them where they're not actively searching for properties. This means your property isn't competing with thousands of others on Rightmove and Zoopla or On The Market or other portals, including The House Shop and Gumtree, [...]

By |2019-09-16T01:28:55+01:0016th September, 2019|Leicester, Landlords, Letting Agency, Private Rented Sector|0 Comments

8 Reasons As To Why Use An Agent To Let Your Property

Letting a property is a daunting task. From initially finding tenants to collecting rent and organising property maintenance, there's a lot of work involved in being a landlord. Luckily, letting agents like Harry Albert Lettings & Estates exist to help take the load off, and relieve some of the pressure involved in letting a property. If you're a first-time landlord or a seasoned expert, here are 8 reasons why you should use an agent to let your property.   1. A letting agent can find you a tenant Lettings agents go through the process of advertising your property and finding [...]

By |2019-09-11T16:01:41+01:0011th September, 2019|Free Landlord advice, Landlords, Leicester, Letting Agency|0 Comments

How to Choose a Letting Agent

Renting your property for the first time? We've all been there. It's quite overwhelming with the amount of paperwork and other administrative tasks involved, the legal compliance and the penalties for non-compliance which you've probably heard about in the news, landlords being fined thousands for failing to comply with improvement orders, managing unlicensed HMOs, not protecting the deposit, etc. Fortunately, a good letting agent can mean your headaches are kept at bay; making the lettings process hassle-free and managing your property, keeping your tenants happy and encouraging long-term tenants are just some of the things you should demand from any [...]

By |2019-06-07T18:02:59+01:007th June, 2019|Letting Agency, Private Rented Sector|0 Comments