Have a look at the below table and you’ll be shocked to find that you may be losing money.
Below is a typical example which shows the difference from letting your property via an agent or letting through us.
Services provided | Letting Agent | Orchard GatePROPERTY SOLUTIONS |
---|---|---|
Rent per calender month | £1,000 | £800 |
Typical void period (1 month) | -£1000 per year | £0 |
Management Charge (12%) | -£1440 per year | £0 |
Inventory & Deposit protection | -£200 | £0 |
Maintenance Costs | -£750 | £0 |
Safety Certificates | -£200 | £0 |
NET Annual Income | £8,410 | £9,600 |
NET Income per calendar month | £700.83 | £800 |
Court Costs | Landlords Risk | None |
Rent Arrears | Landlords Risk | None |
Although it may seem the letting agent is paying more rent, once you do all the calculations and work out their charges and deductions you are generally left with a 20-30% less. Most landlords don’t take these payments into account and therefore are not actually getting as much rent as they think they are!
On the other hand we guarantee your rent for the fixed term without any deductions. So you know what you are receiving each month & every month for the duration of your agreement.
So why don’t you give us a call or email us to arrange a FREE consultation to see how we offer you guaranteed rent for your property.
Get in touch, you’ll be happy you did 0121 369 1950