Is Your Letting Agent Legit? LOUISE TODD Property Agent

Rental Agency Dundee Scotland
Written by Louise Todd

Rental Agency Dundee Scotland, When you’re letting out a property, it’s crucial to ensure that the person you’re dealing with is legit. That means checking if they’re registered with a tenancy deposit scheme and if they’re a member of an industry association.

There have been a number of scams in the UK recently that involve fake landlords and letting agents. The National Trading Standards Estate and Letting Agents Team (NTSELAT) has advised tenants to beware of rental fraud involving rogue landlords and letting agents.

1. They’re registered with a tenancy deposit scheme

There are lots of different ways that a letting agent can help you find the perfect tenant for your property. They’ll do a valuation, market it. Vet applicants, arrange viewings and set up a legally binding contract (known as a tenancy agreement) with both you and the tenant.

It’s important to ensure that your letting agent is registered with a tenancy deposit scheme.   As it means they’re able to protect the money that you pay them as a deposit. Your letting agent should give you details of the tenancy deposit scheme.   They’re using, and explain what you can expect from it in the event that there are any disputes with your deposit.

They should also be able to offer you information about the scheme, so you can make an informed decision about whether or not to use it. Some schemes are insurance backed, which means that the scheme will protect the monies that you’ve paid so that you get them back at the end of your tenancy, even if there are any deductions made from them.

Scotland Rental Agency

You can check the tenancy deposit scheme website to see which ones are available in your are.   What you can expect from them. Rental Agency Dundee Scotland, It’s best to pick a scheme that offers good customer service and has a reputation for being fair to tenants.

In the event that there are any disputes about your deposit.   The tenancy deposit scheme will work with both you and the landlord to resolve them. You can contact them directly or through their website, and they’ll provide you with all the necessary information to help you with your dispute.

If you’re a private landlord, it’s your responsibility to ensure that any deposit you receive from a tenant is protected in an approved tenancy deposit scheme. These tenancy deposit schemes are free to use and will protect the money that you’ve paid as a deposit.

It’s vital to ensure that your letting agent is registered to use one of these schemes, as they have the legal and financial authority to enforce the rules that are in place for tenancy deposits. If your letting agent isn’t, you can report them to the appropriate authorities and the Ombudsman, which will investigate your complaint.

2. They’re a member of an industry association

Associations are groups that bring together like-minded people. They usually offer free education, training and networking opportunities. Rental Agency Dundee Scotland, They also help members find vendors for services and tools they need to be successful.

A good industry association will have a comprehensive website and newsletters, as well as a vendor network.   That includes lawyers, maintenance personnel, contractors, software providers, credit reporting agencies and more. It’s worth taking a good look at their membership benefits to ensure they’re the right fit for your business.

Dundee Rental Locally

Depending on which organisation you’re a member of, these may include a suite of legal resources (including free advice and helplines), continuous professional development, seminars, events and networking opportunities. The best ones will even provide you with free business insurance!


House to Rent Dundee

House to Rent Dundee

If you’re still unhappy with the service you receive from your letting agent, don’t be afraid to seek redress. If you’re in the UK, your local trading standards department should be able to assist.

Finally, you should be sure to check out their credentials and awards and accolades they’ve won. They might have something a little extra on their plate, such as being a national or even international winner of an industry award. Lastly, be sure to take the time to review their website and their social media profiles. They can be great sources of information and they often have fun competitions and a few perks for their members. The best associations have a robust member database, so you know you can always find an answer to your questions.

3. They’re in business for the right reasons

If you’re planning on letting out your wares, you’ll want to be sure that you’re dealing with a reputable agency. Besides being licensed and insured.   They should have a robust set of processes and procedures in place to ensure your property gets the best possible treatment. This includes a solid tenant screening process and a robust rent collection system to keep things ticking over. They should also be able to point you in the right direction when it comes to dealing with issues that arise during the course of a tenancy, such as repairs and maintenance. They may even have a few tricks up their sleeves when it comes to tenant retention, a topic which should be of interest to all landlords.

If you’re in the market for a new a to z lettings property then it’s worth your while putting these tips and tricks to use. You’ll be rewarded with a smoother, less stressful property letting experience and peace of mind knowing that your property is in the best possible hands.

4. They’re professional

A letting agent is a professional who focuses on helping you find and let properties. They help you find a tenant.  Manage the tenancy, collect the rent and provide an excellent service to both landlords and tenants.


About the author

Louise Todd

Our long-term Rent & Manage service for Dundee property Owners takes the hassle out of residential tenancy and property management. From broad online marketing to professional tenants, and a high-quality property maintenance service — leave it all to us!

Our Hosts are experienced property managers who will rent out your property quickly, and manage and care for it efficiently!
Phone: 07824160795

Ancrum Road Dundee

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