Thursday, 20 November 2008

Landlords Read This


We always like to try to provide good articles that we find from the internet. Our latest pulled from the world wide web of letting agent news and landlord advice comes direct from ARLA. LetSafe recognise ARLA as one of the leading authorities and portals for landlord advice in the uk buy to let market.

ARLA are currently telling property management professionals through their site that amateur landlords need to exercise caution. This warning comes from ARLA's Ian Potter
Ian Potter as he gives us his thoughts relating to the RICS Residential Lettings Survey for 2008 quarter three.

Ian Potter said, "The rental market is clearly very robust in certain parts of the country but this trend is far from being uniform and, in fact, it could not even be said that it is a standard trend across certain cities. In London, for example, there is a huge discrepancy in the strength of rentals from area-to-area.

Many landlords have entered the lettings market in the last year without perhaps planning to do so and have taken this step out of necessity rather than desire. I would urge these amateur landlords to exercise caution and to research as much as possible as it is a position of no little responsibility. It is imperative that they seek out a regulated agent who is in a position to give them strong and independent advice, and who can protect funds that are being held on their behalf under client money protection schemes".


LetSafe pride themselves on offering landlords, letting agents and property management professionals with the best buy to let insurance products and services available. To find out more visit one of the UK's premiere providers of services and products to Landlords and Letting agents, www.letsafe.net