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Blog / Landlords | 2 Mins Read

The Benefits of Using a Letting Service to Find Your Tenants

By Wayne Beecham | Created on 3rd December 2020
Benefits of Using a Letting Service

When it comes to being a landlord, you’ll want to make sure that your tenants are trustworthy, reliable and respectful – which can be risky business if you decide to handle the process yourself. However, letting companies can offer many services, such as finding the right tenants for your properties.

But, what are other benefits can you gain? Read on to find out more.

Trusted tennents

The last thing you want is to end up with troublesome tenants. Instead, you want to look for tenants who will pay your rent on time, look after your property and maintain good communication with you. Failure to meet these qualities could result in more serious situations that may require legal action. However, by using the services of a letting agent, they can fully vet each tenant to ensure they’re suitable for you.

Financial security

One of the most important checks that letting agents can do are credit checks. Making sure your tenants are financially stable enough to pay your rent, will reduce the risk of late payments. Credit checks will assess their financial history such as any outstanding debt, confirmation of employment and their affordability rating. It’s a good idea to gather actual evidence of their financial situations rather than simply trusting their word.

Everything is taken care of

Whether you have several properties or just one, a lot of work is required to take care of your property. Using a letting agent means they can take care of some areas for you, such as finding new tenants – saving you a lot of time in the long run. This is especially beneficial if you also have a job alongside being a landlord and don’t always have the time to do these tasks.

Here at Progressive Lets, based in Peterborough, we specialise in a range of letting services such as tenant referral, restructuring your property portfolio and management. As a professional team, we offer excellent customer service to all of our clients with a portfolio of almost 800 properties. Get in touch today for more information.

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Wayne Beecham

Wayne is East Midland’s answer to property management. His hard work and high standards of service have gained him a fierce reputation within the regional lettings market. He knows what it takes to own and manage a profitable portfolio himself, because he is not only a successful investor and landlord, but co-founder and “hands on” managing director of Progressive Lets.

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KyoJin Kai
Progressive Lets are very welcoming and helpful. Made the whole process of Renting and moving into their property really easy. They even left a welcoming guest box on the day I moved in with some nice goodies with discounts at big retailers.
Shauntel Daniel
Hands down the best letting experience I’ve had since moving to the UK in 2015. Everything was handled so efficiently, from the day I first expressed interest in the property right up until I walked through the doors of my new flat for the first time. The agent I dealt with has been incredibly re...
Abhishek Samadder
Isaac Amankwah
I have had an excellent experience with Progressive Lettings. Their responsiveness to any issues raised by tenants is truly unmatched. Whenever I have needed assistance, they have acted quickly, professionally, and efficiently to resolve the matter. The team is incredibly helpful, communicates clea...
Reece “IcHiDaKilLeR”
Move was fast simple and easy, referencing when really well, perfectly done in every way.
Mya Binge
I’ve been house hunting back to back for 5 months, spoken to multiple Agencies & got nowhere. Immediately Progressive lets helped, received calls with more updates not just of the Agent working with my housing but anyone who was free to update me. Lovely & kind staff. 100% recoment using p...
Lenna Meta
Very professional and friendly staff
Yijia Xu
nice
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