Matheson's Estate Agent

The increase in the buy-to-let market has introduced a number of perhaps less-experienced people to the letting sector of the market. The business of being a landlord can be fraught with problems and difficulties but a member of the NAEA who specialises in lettings and management is well qualified to guide and assist you through the maze of legislation, jargon and agreements.

Advice

Generally the agent will advise on tenant agreements, rent levels, possession, insurance, presentation, marketing, managing and maintaining your property.

Legalities

Once a tenant has been chosen and references taken up, a tenancy agreement may be drawn up for you by the agent or jointly with your solicitor to protect your rights. The principle, partner or director of the NAEA agent will hold Professional Indemnity Insurance and will also belong to a recommended Clients' Money Protection Scheme.

Inventories

Many agents will prepare a detailed home contents inventory, along with a schedule of dilapidation, which will be approved by the landlord and prospective tenant and then reviewed before the premises are vacated.

Maintenance

If you wish the managing agent can arrange for the day-to-day maintenance of your property. The property will be visited periodically during the course of the tenancy and repairs carried out if necessary as agreed. The agent can also collect the rent and pass it on to you every month as agreed with a statement of account.

The NAEA is the largest professional organisation representing Lettings and Management Agents, so make sure your agent is a member of the NAEA.