Call us
    e: hello@pmsea.co.ukt: 01243 788257
    Get a Valuation
    Register/Report a Maintenance Issue
    LogoLogo
    • Property Search
    • Contact us
    Home/News/Why Chichester Landlords Should Use a Letting Agent – Part One

    Why Chichester Landlords Should Use a Letting Agent – Part One

    Lettings

    In this first part of a two-part mini-series, we look at the benefits of using a letting agent to manage your rental property. Almost every landlord has weighed up the merits of self-managing their rental property versus using a letting agent. After all, why pay someone to do something you do yourself, eh? It’s a […]

    almost 2 years ago
    Why Chichester Landlords Should Use a Letting Agent – Part One

    In this first part of a two-part mini-series, we look at the benefits of using a letting agent to manage your rental property.

    Almost every landlord has weighed up the merits of self-managing their rental property versus using a letting agent. After all, why pay someone to do something you do yourself, eh?

    It’s a reasonable enough question to which we have an emphatic answer: there are many reasons to get an expert to manage your investment property (we can think of at least 12).

    It makes sense from a financial point of view (as we’ll explain in this article) and from a time management perspective (stay tuned for part two next week, where we’ll cover this). Let’s look at the first six reasons.

    A good letting agent will:

    1) Save you money – Let’s cut to the chase: a letting agent will improve your profit margin. According to research, a letting agent saves a landlord on average £1,910 a year (source: Endsleigh Insurance).

    2) Share market insight – Letting agents know the local market like the back of their hand and provide expert advice about setting rents. Go too high, and your property will sit empty. Go too low, and you’ll miss out on revenue.

    3) Help you access top tradespeople – Letting agents have a selection of reliable professionals on speed dial, so when you need a plumber, sparky or builder, you won’t get messed around by someone who cuts corners and charges the earth.

    4) Chase rental payments – A letting agent will address late payments in a professional and timely manner. Landlords with hectic schedules often prefer to let an expert deal with the hassle of chasing late rent.

    5) Handle the inventory – Get a pro to do your inventory so you don’t lose money at the end of a tenancy. When it comes to assessing damage and ensuring the property has been adequately cleaned, a good inventory is crucial.

    6) Sort the end of tenancy inspection – Even smooth-running tenancies can get complicated towards the end. A letting agent will handle the final inspection and ensure you’re not left out of pocket for cleaning or repairs.

    Watch out for part two with six more tips which will be released next week.

    Get in touch to learn more about our property management services by calling us on 01243 252984.

    COPYRIGHT PMS Lettings & Sales 2021

    Share this article

    More Articles

    Electrical safety in the lettings spotlight

    Electrical safety in the lettings spotlight

    Published 20 days ago

    Keeping tenants safe is of paramount importance and there is legislation that ensures the UK’s privately rented homes are fit for habitation. An important milestone in England has brought one area of safety back into the spotlight.

    Read More
    More than half of under 34s hope to become a landlord

    More than half of under 34s hope to become a landlord

    Published about 2 months ago

    Younger Millennials (born between 1991 and 1996) and those in Generation Z (1997-2012) still see a future in property investment. That was the surprising finding of a new survey of 2,000 UK adults conducted by Opinium on behalf of Market Financial Solutions.

    Read More
    A tenant’s guide to the Renters’ Rights Bill

    A tenant’s guide to the Renters’ Rights Bill

    Published 3 months ago

    The Renters’ Rights Bill has taken another step towards becoming law. With no major amendments expected, it’s now that tenants should take notice of the Bill’s contents.

    Read More

    Sign up for our newsletter

    Subscribe to receive the latest property market information to your inbox, full of market knowledge and tips for your home.

    You may unsubscribe at any time. See our Privacy Policy.

    Back to Home

    Useful Links 

    Selling
    Letting
    Property Search
    Knowledge Centre

    Address  

    50 West Street, Chichester,
    West Sussex PO19 1RP
    t: 01243 788257
    e: hello@pmsea.co.uk

    OnTheMarket
    PrimeLocation
    RightMove
    Zoopla
    © 2025 PMSEA
    Privacy Policy|Terms & Conditions|Cookie Policy
    Powered by