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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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Yijia Xu
nice
Arie Beecham
Ahmed Adnan
Emmanuel Amoako
The team is really professional and time conscious. Had a smooth move in as well.
Rita Davey
Very good communication and friendly service, long may it continue. Thank you guys at Proggesive Lets!
Michael Wadham
Very friendly and professional service by Joe Mulhearn throughout the rental application process.
prince sarfo
Lovely timely response and assistance. Very good Keep it up
Olamide Ige
Wow!!! Zoe is an amazing soul. Very helpful and accommodating. The sky is the limit for her!!! She did an amazing job. To Zoe, God bless you more and more ❤️
Grzybobranie
Been renting with them for over 3 years now and overall had a good experience. Of course over that amount of time there were a few issues here and there, which is pretty normal, but whenever I needed help Kieron was always easy to deal with, helpful and quick to respond. Communication was always str...
Aghogho Braimah
Progressive Lets is a very good and professional lettings agency. As a it was my first time letting a property, the company particularly the property manager Tam, was very patient and kind best believe I had too many questions to ask. I highly recommend Progressive Lets to anyone looking to rent ...
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