With ever increasing and frequently changing legislation together with more stringent safety requirements, Property letting can be a minefield of problems for the unwary property owner.
Fortunately, M L Estates are here to ensure that you experience only the considerable benefits of property letting and avoid the potential pitfalls.
We provide a friendly, personal, and efficient specialist Residential Tenant Find Service or a Full Management package to owners of property throughout East Northumberland and Tyneside.
Many of our clients now come to us after being recommended by existing clients and our fees are very competitive, particularly when you consider the quality of our services - the fees of course vary according to the type of service required and these are clearly set out on page 4 - it will be worth noting that our retained clients benefit from reduced charges.
Property owners, having differing circumstances, decide to rent out their properties for various reasons
You may already be a private Landlord who has invested in a property as a hedge against inflation and as a source of regular income, with one or possibly more properties let under either a furnished or unfurnished Tenancy Agreement. However, In the light of the recent far reaching changes to the Property Regulations & Laws and the ever increasing complexity of Safety Regulations concerned with property letting, it might be that you have found that the responsibility of managing every thing your self has generally become a burden and you wish that you no longer had to deal with the day-to-day running of your property, with ongoing maintenance tasks and with the tenants in person yourself.
Alternatively, it could be that you have found that your job now means that you have to work away from home, perhaps even overseas, on a short or long term basis and you wish to let your property both to bolster your income and avoid the worry of having your house stand empty and unattended whilst you are away.
Difficulty in Selling:
Again, it may be that you have your house up for sale but, for one reason or another, have had problems in selling and feel under pressure to move to your new home or risk losing it.
In the above situation, renting out your property can be an excellent way of generating regular funds, thereby helping to relieve the financial burden and allowing you to move with confidence. The property need only be let for as long as it takes to obtain a buyer for it.
For what ever reason:
Either as an investment or as your home your property is normally your greatest single asset. Therefore, once you have decided to rent it out, it is essential that it should be properly managed. Fortunately, M L ESTATES offer the service that you need and we provide two types of service, both of which are outlined below:-