Edinburgh, nicknamed ‘Auld Reekie’, ‘Edina’ and ‘Athens of the North’, is Scotland’s capital city and the 2nd largest city in the country with a 2010 population of 486,120. The property rental market in Edinburgh is thriving and you need the experience and the contacts of a letting agent to get the best house and to get low rents. Hiring letting agents Edinburgh is advantageous over DIY (do-it-yourself) searching in that you will benefit from the experience, training, and contacts of the estate agents, you get unparalleled convenience and your anonymity is protected. It is important that you know the services offered by these letting agents and the fees applicable as this will help you make an informed decision when choosing between different agents.
The letting agent will be paid a commission of between 7% and 12.5% by the landlord for introducing you to the landlord. You will be charged an up-front fee called administration fee. This fee covers the processing of your application and a credit search. The free is usually non-refundable, unless it is the landlord who withdraws from the process. Letting agents Edinburgh will get inventory fees for doing physical checks of the rental properties for such things as pest infestation. You will also pay an exit fee which is similar to the inventory fee, the difference being that this is done when you are leaving the building.
The letting agent will act as a facilitator between you and your landlord while signing the tenancy agreement. The agent will help you with the actual search through his/her experience, training and contacts. It is the job of the letting agent to advice you on such issues as the best places to raise a family and to avoid traffic jams. Letting agents Edinburgh act as the connection to the landlord should there be a problem such as a hike in rent and being charged for maintenance contrary to the agreement. This will give you peace of mind and you do not even have to know of such problems. Your letting agent will coerce the landlord to do what he/she is supposed to do such as carrying out repair work. The agent could even threaten court action.
Tags: actual search, credit search
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