Why not-for-profit letting agencies are the RightMove for landlords

We have all seen the shocking headlines and watched the “tell all” TV programmes portraying all Benefit claimants as potential 2 legged property wrecking scroungers with no intention of paying rent

Sadly when scenes like this are drip fed into our living rooms and breakfast tables we can be forgiven for thinking this is the norm rather than the exception.

It is estimated that over 80,000 of the poorest families in Britain are finding it increasingly difficult to find suitable accommodation because Landlords have been scared off this section of society convinced they will not pay their rent, they will cause damage and disruption to the property and neighbours , so choose instead the “safe” option of renting to tenants in full time employment – but as we all know in this current unsteady climate we can all face the possibility of redundancy or the liquidation of the company we work for.

Centre of Social Justice Director Philippa Stroud commented: “We understand that for most the era of a guaranteed social sector house for life is over. However, we must make the private rented sector work better for low-income families. Currently, the instability caused by not knowing how long a tenancy will last has a huge impact on children’s education and on parents’ ability to retain a job. -

And as all landlords know, once the rent stops being paid, it is a very expensive and stressful few months before your once ‘perfect’ tenant is evicted by the bailiff and it is unlikely that you will see the rent that’s owed to you.

Letting agents charge on average between 14%-20% to manage your property on top of this there maybe additional costs for set up, admin fees, additional property inspections to name but a few

From This...........

 To This.........

So what is the way forward?

Social lettings agents are not-for-profit so have no big over heads to cover we don’t advertise on all the big portals and we have the tenants vetted and ready to move in so you have no void period.

The main benefit of social letting agents is the Rent Guarantee lease option which pays you an agreed rental every month even if we don’t receive the rent. Social lettings agents will also cover maintenance costs and with no renewal fees or added hidden extras the savings just keep coming.

DENs Rent Aid is the Social letting agent for Dacorum in Hertfordshire, assisting people who for many reasons such as, breakdown of relationship, loss of job, or family and friends no longer able to accommodate them, it is not just those with additions or previous rent arrears that find themselves homeless it really can happen to any one of us.

Social lettings staff are not letting negotiators or deal closers, they are trained support works with social work and counselling backgrounds who can not only find housing but also get people off benefits and into work with training and education, they will also work with tenants to help resolve problems such as drink and drug addiction, with weekly support meeting and housing benefit paid directly to the agent they ensure we have already firmly shut the gate before the horse has considered bolting.

We are always looking for property to rent and offer full management at ONLY 8% with no added extras, you will receive your rent each month in full and on time and we will look after the maintenance for your too.

If you have a property and would like more information on what we do and how it will benefit you are a landlord please call Julie Ford on 01442 253 923 or email Julie.ford@dens.org.uk