The economic slump, fall in house prices and continuing threat of unemployment have all played havoc with the property market over the course of the last two years. There is light at the end of the tunnel though for one group in particular – the buy to let landlord.
In the last 12 months, most high street lenders have increased their number of buy to let products. Significantly almost £3 billion pounds worth of buy to let mortgage approvals were made in the first quarter of 2011, compared with just £2.1 billion 12 months earlier according to the Council of Mortgage Lenders. What’s more, UK government figures show that 17% of all UK property now belongs to the private rental sector – its highest percentage to date.
These figures all point to the emergence of a whole new sector of multi-property landlords, most of whom need an effective, sustainable and affordable marketing solution to make their investment really work for them.
For those landlords who wish to rent multiple properties privately, I Am The Agent can save as much as one new property's value in estate agent fees over the course of a ten year period. Typically, landlords with six or more properties will pay the equivalent of one month’s rent in rental fees using traditional letting agent marketing services. Over the course of a decade, these fees equal the cost of a new purchase.
The innovative 'rent my property privately' package from I Am The Agent allows landlords to list their homes for rent for a fixed fee of just £99. The property is marketed on every major UK property portal with spots on Primelocation, Rightmove, Globrix, Yahoo!, Zoopla, PropertyIndex and Up My Street amongst others.
A 24 hour online management suite means adverts can be changed around the clock, new photos added and descriptions edited. All enquiries are also emailed directly to the landlord and held online in the dedicated account area, making it easy to contact prospective tenants and arrange viewings from home, the office or on the move.
Additional support in the form of free property valuations, tenant agreement documents and other essential material can also be provided. And for those landlords who want to hand over responsibility for marketing their properties to an agent without being trapped by high fees, I Am The Agent also offers a fixed fee letting agent service to deal with every last detail.
To list properties for rent and begin advertising properties online, simply click to upload listings or register for free.