There are two main options when using a letting agent:
- Let Only Service: Some landlords use an estate agent to find and screen tenants and then look after the on-going maintenance and tenant management themselves
- Full Management Service: Some landlords use an estate agent or management company to manage the whole process from finding tenants to the on-going management of the property.
Which option you choose is a matter of personal choice, it can be influenced by the amount of time you have available, whether or not you live close to the property and whether or not you have the time – remember however that their is no allowance against tax for your own time spent managing property.
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