Tag Archives: ARLA

A New Years resolution to save money on your property management Landlord News, Latest Articles

It is that time of year when we start to get a bit of time on our hands to review what are plans are for the next year. After getting to know and work closely with Tony and Chris at LettingSupermarket.com we did a small scale Victor Kiam (if you remember he liked the razor so much he bought Remington). We now own 26% of LettingSupermarket.com so if you use them to manage your properties you will also be supporting Property118.com in the process 🙂

We just don’t know where you can get the same level of service from a fully bonded ARLA agent with client money protection for the same costs. Feedback from our readers who have tried them has been exceptional, that’s what persuaded us to acquire share in the business.

Tony and Chris Sheldon started LettingSupermarket.com with the idea of offering the same personal service as high street letting agents, which online services struggle to maintain, but still strip away the costs involved with running high street offices.

Even if you are thinking of self managing would it really be worth the hassle of trying to organise everything yourself and could you be certain that you would be able to do it for less? A New Years resolution to save money on your property management

I have added two examples of different levels of support they provide and it would definitely be worth contacting Chris or Tony via the form below so they can give you a call and have a chat.

Professional property management from £14.99 + VAT per month

This service could save you a small fortune. For just £14.99 + VAT a month your property can be managed by an ARLA bonded and accredited agent which carries Client Money Protection insurance. The service includes:-

  • Visiting your property, taking particulars and floor plans.
  • Setting up an online account to store your documentation so it can be accessed at any time
  • Advertising your property on the major property portals
  • Referencing tenants and guarantors
  • Inventory and schedule of condition prepared by an AIIC qualified inventory professional
  • Tenancy and Guarantor Agreements
  • Taking meter readings on check in and check out and informing utility companies of tenancy change over
  • Deposit registration (This is an additional cost of £25 + VAT annually)
  • Gas Safety Certificate as required (additionally charged)
  • Rent Collection with payment forwarded to your account by BACS and monthly rental statement
  • Check Out at the end of the tenancy

If you want the letting agents to do viewings, periodic property checks and manage all maintenance issues the monthly fee is £24.99 + VAT. The gold package is priced at just £34.99 + VAT per month and includes rent guarantee insurance with legal protection insurance. The rental guarantee policy, which is underwritten by a fully FSA accredited insurance company, pays out if the tenants fall more than a month in arrears and thereafter for any further missed payments until vacant possession of the property is recovered. The legal protection insurance covers all costs associated with eviction.

How to save money and stay protected

Please complete this form if you would like further information
  • Please enter a value between 1 and 999.


Property Management from just £14.99 a month Landlord News, Latest Articles, Lettings & Management, Property News

Full Property Management from an ARLA agentJust suppose you could buy property management from just £14.99 per month, per property in the vast majority of the lettings hotspots in England.

Would it really be worth the hassle of trying to organise everything yourself?

Could you be certain that you would be able to do it for less?

You might be forgiven for thinking that such an offer would be made by an unqualified agent who is cutting corners. However, what if I were to tell you the agent offering this service is fully bonded with ARLA and has client money protection insurance too?

Continue reading Property Management from just £14.99 a month


Tenants quiz landlords over permission to let Buy to Let News, Latest Articles, Property Market News

Let to buy landlords who move and rent out their home because they cannot sell the property are finding more tenants want to confirm they have a mortgage lender’s permission to rent.

More letting agents are demanding sight of written confirmation of permission to let from banks and building societies – especially if corporate tenants are involved in the agreement. Continue reading Tenants quiz landlords over permission to let


Buy to Let Arrears up – But ‘Experts’ Disagree on Why Buy to Let News, Latest Articles, Lettings & Management, Property Market News

Buy to let experts are transmitting mixed messages about the state of the market in two new surveys.

The latest buy to let musings from the Association of Residential Letting Agents highlights the problem of sentiment surveys in the property market.

In a confused rambling, ARLA suggest the market ‘may be softening’ based on month-to-month market movements. Continue reading Buy to Let Arrears up – But ‘Experts’ Disagree on Why


Minister Backs SafeAgent Scheme for Landlords Buy to Let News, Latest Articles

ARLA vs SafeAgent for letting agents industry regulator

"SAFEAgent has received backing from Grant Shapps"

Housing Minister Grant Shapps has urged letting agents to join a new money protection scheme for landlords and tenants.

Timing his support with the public launch of SafeAgent, the move is seen as massive support for the fight against rogue letting agents and a snub for the established Association of Residential Letting Agents (ARLA).

SafeAgent is an industry administered scheme aimed at safeguarding rents and deposits by more than 1,200 letting agents across the UK.

The scheme is a response to regular bad business management and even fraud by rogue letting agents who fail to protect client cash. Continue reading Minister Backs SafeAgent Scheme for Landlords


Buy to Let Clubs Blamed for Ripping Off Landlords Buy to Let News, Cautionary Tales, Latest Articles, Property Investment News, Property Market News

Notes being squeezed into coins

"Buy to let clubs are nindering not helping"

Buy to let property clubs that rip off landlords are blamed for rising rental home repossessions.

The clubs ran relentless marketing campaigns during the peak of the housing bubble aimed at persuading property investors to part with their cash on homes advertising rent returns and valuations that were close to fraudulent.

Since the credit crunch, many landlords who bought in to these clubs are finding rental yields were inflated and that the income is short of covering the mortgage and running costs. Continue reading Buy to Let Clubs Blamed for Ripping Off Landlords


Benchmark your Buy to Let Business with ARLA Data Buy to Let News, House Prices, Latest Articles, Property Investment News

House built up with jigsaw pieces

"ARLA have released a buy to let review"

Property investors looking to benchmark their businesses and profile the buy-to-let market can download a comprehensive professional review from the Association of Residential Letting Agents (ARLA).

The research looks at the buy to let market in detail and reveals the investment hotspot of the UK is the North-East, followed by the Midlands and London.

Falling house prices and easing of mortgage funding as more lenders enter the buy to let market has increased landlord confidence, and as a result -although a third of London landlords are most likely to buy properties to let in the next 12 months- 30% of landlords in the Midlands also said they would be likely to buy in the next year.

The story is different in the South West, where 18% of landlords bought more property in the past 12 months, while 10% sold – the highest number for any region.

Ian Potter, operations manager at ARLA, said: “Traditionally London has led the way with buy-to-let, but we are seeing signs that investors elsewhere in the country believe now is the time to buy – if you can arrange finance, it could be prudent to take advantage of lower property prices.”

The findings also revealed landlords in the North have an average 13 properties, while landlords in Central London and the South East own an average six rental properties each.

“Some towns across the UK are suitable for rental investment as they have a high number of students, while others – such as the recently unveiled local enterprise zones – are areas being targeted for future growth,” said Potter.

“While it is a positive sign that landlords are continuing to buy rental properties, this individual activity needs to be boosted by larger-scale investment. With demand still far outstripping supply, and home ownership out of reach for many, it is critical that more people have access to a home of their choice.”

Download a free copy of the ARLA research


What to do if your letting agent goes bust Latest Articles, Lettings & Management

What to do if your letting agent goes bustLandlords are regularly falling victim to rogue letting agents who suddenly shut up shop and take their money and run.

The two most common scenarios are a letting agent facing business difficulties closing down with money owing to landlords and tenants or some who are plain thieves milking their business bank accounts for as much as they can before they are caught. Continue reading What to do if your letting agent goes bust


Top tips on short-term letting this summer Buy to Let News, Latest Articles

Summer sceneThe Association of Residential Letting Agents (ARLA) today issued top tips for landlords who are aiming to let their properties out on a short-term basis this summer.

Short-term lets can be a great way for landlords to fill rental voids or make use of vacant properties, and usually last anywhere between one week and one month. Continue reading Top tips on short-term letting this summer


Property Forum and News website where UK landlords and letting agents share best practice