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Renting From A Letting Agent Or A Landlord

Renting by means of a Letting Agent
The Advantages

  • Searching a home through a letting agent can offer you a more extensive choice of properties to view.
  • Renting a property by means of an agent can offer a right of redress to tenants under ‘The Property Ombudsman scheme’ should disagreements arise.

This particular right of redress is exclusively accessible to agents that have been officially affiliated with the leading trade associations.

Ensure that the letting agent you hired is a member of one of the National Association of Estate Agents, the Association of Residential Letting Agents, or the National Approved Letting Scheme before processing a rent through them.

The Disadvantages

  • Letting agents charge fees to the tenant which can be about £150 per person.
  • Hiring an agent can delay a landlord’s response to complications, as it makes another person to deal with. A wise letting agent should always establish an emergency fund with the landlord; it’s for the renter to use in case they are in need of any urgent repairs and the landlord is currently unavailable.

Renting Directly from a Landlord

The Advantages

  • Landlords only charge a small amount, or even no fee at all for examining credit history and references
  • Working directly with a landlord rather than through a letting agent, removes the ‘middle-man’ and can accelerate certain requests for repairs
  • Renting directly from a landlord can establish a stronger relationship between the tenant and the landlord, which can minimize the possibility for a tenancy dispute.

The Disadvantage

  • Renting without a letting agent can result to very little legal redress should problems arise such as failure to accomplish certain repairs.

Home Renting Guide

Each section has been broken up and placed on its own page below to make it easier. Click the links for the individual topics and go through our complete guide to renting your home.

Table Of Contents

1. Introductionto renting your home
2. Renting From A Letting Agent Or A Landlord
3. Viewing A Home For Rent And What Essential Questions To Ask
4. Tenancy Contracts Explained
5. Responsibilities Of The Tenant
6. Renting Deposits And Fees
7. Tenancy Deposit Schemes
8. Rental Insurance
9. Dealing With Complications That May Arise When Renting
10. Where To Go When In Need Of Help