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With the high level of demand for rental properties in E14, it is easy to see why many people think that acting as a landlord will be a good way to generate income. If you have funds available to invest in property, or you have a satisfactory credit history and financial status that you can obtain a mortgage for property investment, acting as a landlord can provide you with a better lifestyle.
However, it is important to be aware that being a Landlord isn't easy. There is a difference between good Landlords and bad Landlords. Over time, good Landlords find that the process becomes simple and they can make good money without a lot of work and effort, but unfortunately, there are a lot of bad Landlords out there. Bad Landlords don't provide a good standard of service and expect to make money from little work or effort. In the long run, they lose out and often ending up in debt or losing out on a lot of money.
Being a Landlord is a good idea if you are committed, and here are some top tips on how you can achieve this:
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As a property seller or landlord, you might roll your eyes and think ‘so what?’ when an estate agent mentions their accreditations and awards.
But this stuff matters and is often the difference between good and bad agencies.
The consistent positive feedback we receive from our clients has led to us being given the Gold Trusted Service Award from Feefo.
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Bob Elson was having a frustrating time selling his property on the Isle of Dogs.
Two deals on his property had fallen through over the course of 18 months while using two different corporate estate agencies.
Off the back of these experiences, Bob who has lived in the area all his life, decided to give Proper Local a try when he saw our branded vehicle in the car park where he was living.
Mr Elson said: “I thought what have I got to lose by giving them a chance?
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Grenache provides property management services across London. They manage a wide portfolio of residential properties throughout London on behalf of landlords.
We work closely with them to assist with their lettings requirements.
Katarina from Grenache shared her company’s experience working with Proper Local.
She said: “We have a longstanding working relationship with Christian going back more than 10 years."
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One of the biggest myths in the property industry is that because corporate estate agencies are big they have more marketing muscle than smaller, independent agents.
That used to be the case but like so many things the arrival of the internet changed everything.
The property portals - Rightmove, Zoopla and Prime Location - have levelled this playing field.
They drive buyers and tenants to properties not individual agencies.
Most buyers and tenants now conduct their property search online. Gone are the days where there was a queue of people outside your office on a Saturday.