Category: Letting Agents

The Evolution of Property Hunting

Can you imagine what property hunting and buying in the past would look like?

Manually searching for properties, constantly keeping in touch with the community heads, negotiating prices and still settling for a price above your range.

We may not know much, but we know there was a lot of unnecessary legwork involved.

No wonder technology had such a profound impact on the people of today.

Today all you have to do to secure a home in a place, say like Edinburgh is to simply connect with the best estate agents in Edinburgh and everything else from there is smooth sailing.

In the past, finding a qualified estate agent would have been considered nothing less than a chore, but today thanks to websites like Top10PropertyAgents, you get access to a wholesome directory of renowned estate agents readily available for you to choose and connect with.

Ready to know how the property hunting landscape has changed today? Here we go-

Online Applications

The best thing that could happen to the real estate industry was digitization.

Gone are the days when you have to blindly visit a property not knowing what to expect.

Today, you get not just pictures and videos but direct owner contact details, property values, selling quotes, neighborhood information, and so much more.

All you have to do is handpick a few from online apps and visit the property only and only if you’re sure.

Estate Agents

Yet another easy way to secure the property you want is to shake hands with estate agents.

Now if you’re wondering where to find a qualified one who can understand just what you need- we have one word for you- www.top10propertyagents.co.uk.

You’ll find a huge selection of some of the best residential and commercial estate agents in Edinburgh, Manchester, Leeds, Liverpool, Birmingham- pretty much all across UK, listed on our website.

All you have to do is choose the best estate agents from our list of industry experts and they’ll handle all your property buying or selling needs in a blink of an eye.

Online Paperwork

Why queue up and wait for hours when digitization has brought yet another gift for you.

Be it residential or commercial, property buying and selling does require a lot of verification, identification, and other paperwork.

If you have an estate agent by your side guiding you on what’s to be done and what not, you can get all your paperwork sorted and collected via online portals and before you know, your dream property will be yours.

Easy Comparisons

Thanks to technology today, we have the leverage of comparing every minute detail of a property before we decide to seal the papers on it.

This means, you can not only compare living costs and property values across London but can also get a proper estimate on outgoing costs, repair costs, mortgage calculations and more.

What’s more? Your comparison doesn’t have to stop at cost. You can compare everything from neighborhood to distance from school districts in just a few clicks.

Inspired by how easy it is to secure a dream home in today’s world?

We have our Top10PropertyAgent index of estate agents waiting for you to explore your dream home together!

Not yet sure about buying a home? Why not rent the property of your dreams for the time being by connecting with our Letting Agents in UK today?

Buying Your Dream Home in 2022? 3 Tips From Our Estate Agents

Buying a home is more of an asset than an investment.

Imagine securing a roof over your head; providing your family or loved ones with a perfect accommodation; working towards making your dream house a place you can call home!

Buying a home is in fact a step towards progression. However, taking such a crucial step alone may not always be easy.

At a time like this, a friendly hand or an industry expert estate agent in London working hand in hand with you can really open up possibilities and opportunities like never before.

If you’re a new home owner and you’ve got your eyes on a few property listings, we can help you connect with some of the best estate agents in the industry.

But before we set out on the estate agent hunt with you, we want you to know about these home buying tips to make this ship sail smoother.

Research. Research. And a lot of Research

You’ll find a lot of lucrative deals online and most of the times, these finds will be too good to be true for you!

You may find the perfect beach house or your dream home away from the city, but that’s not enough.

What about the neighborhood? The distance from your work? Is the home in a school district?

How will the wooden deck on your beach home react to the sea weather?

The questions are endless, but answerable. Do your research or ask one of our best estate agents do your homework for you.

Think Money Before Anything

Why end up with endless installments and hefty mortgage bills that run from generation to generation when you can chalk up a budget that’s comfortable and efficient for you.

Estate agents recognize the ever-growing property prices as one of the many factors why people opt out of buying homes.

Maybe that’s why we believe in providing an all-rounder service scope where we will not only find your dream property for you, but also help you calculate your mortgage well so that you’re not stuck in an endless debt loop.

Get Your Papers in Place

One of the rookie mistakes you can make as a home owner is to finalize your dream property only to realize your paperwork is all over the place.

High demand properties usually don’t wait around for the paperwork. If you don’t want your ideal house to slip out of your grip, make sure you talk paperwork with your estate agent and get them ready for the D-Day.

With your paperwork in place, you can simply hunt down the best property and get the legal matters rolling instantly.

Home buying is a big decision we understand and it’s okay if you want to take some time off to get your finances sorted or your paperwork in place.

In the meantime, if you’re looking for an outstanding temporary roof over your head, you can connect with some of the best Letting Agents in UK just by visiting our Top10PropertyAgents.co.uk website where we have a ready directory of industry acclaimed estate agents for you to handpick.

Visit our official website and connect with the cream crowd today.

Can Estate Agents Really Help in Your Relocation Out of UK?

Imagining yourself in a whole new city, surrounded by whole new prospects- it sure sounds exciting, doesn’t it? New eateries to discover, new cultures to explore, a whole new lifestyle to experience- the sky is the limit.

Now, imagine moving out of your old settled home into a brand new home- setting up utilities, bringing in the furnishings, and most importantly, finding a new place to begin with! Moving homes is never easy, especially if you’re moving across countries. From handling legal matters to understanding the area of your residence or commercial property- it can all be a tad bit overwhelming if you are taking this responsibility alone on your shoulders.

A quick hassle-free solution? Hiring Estate Agents to make your relocation feel like a cakewalk. While your estate agents take care of the legwork, you can simply focus on packing up your home and gearing up for a whole new journey!

But Do We Really Need Estate Agents for a Relocation ?

Now, the first question that comes to mind when we are talking relocation is finances! Relocating is anything but easy on the pocket and an added investment on hiring estate agents may seem weird. But here is the deal- there are a lot of intricacies involved in moving countries. What happens to the home you’re leaving behind? Where will you move in once you’ve reached your destination? Can the neighborhood you stay in really make you feel at home? What is the current value of properties in that area and what is the appraised value of your property here in the UK?

Your estate agent will have answers to all your relocation ‘How-To’ If smoothing the path to your new home is on the top of your priority list- here’s how relocation estate agents can help-

Finding A Neighborly Neighborhood

Think schooling, piano lessons, swim centers, distance from your work, distance from the nearest hub, safety and security of the neighborhood- everything needs to be taken into consideration if you want your new property to feel like home! However, its physically impossible for you to personally travel to and fro to find out about all these possibilities which is where our estate agents and their ballooning network comes into play.

Meeting Criteria

The wife wants a front porch and you want a bar-b-q deck. The kids on the other hand wants their very own room and the dog has been whining about a garden! Everyone in the family wants a little something for their new home and once you let your real estate agents in on the criteria, finding your dream home, even in a brand new place, will be a breeze! Can you imagine sitting back and relaxing while your estate agents bring you some of the best up and coming properties in a place you know little about! Talk about time and effort saving power moves, right?

Negotiating Nitty-Gritty

Your estate agent will ask the awkward questions and your estate agent will negotiate the hundreds and thousands on your behalf- that definitely should have been our argument opener! Your estate agents know everything there is on property values, selling prices, property pros and cons and more! For instance, imagine moving to Barbados for the serene beaches and the golden baked sands and getting a steal deal on a property just because your agents are well versed in Barbados properties and their value. You get the best deals without having to haggle for it.

Liaising for a Smooth Transition

There’s more to signing the papers of your new property. The new property is now all yours and a new life awaits- but there are still some tit-bits left that your estate agent can help you out with to make sure your transition to your new country is smooth. From dealing with the aspects and prospects of your purchase to working with the surveyor, consulting with solicitors, liaising with planners, and dealing with basic hiccups on the road- your estate agent has your back.

Relocation Made Relaxing

Relocation is taxing, no doubt; but with the right minds working by your side, you can make your relocation process smoother than butter! However, choosing the right estate agents is crucial if you don’t want to get duped in the process. Here are some red flags you should be looking out for when you’re hiring estate agents!If your estate agent comes up with a huge bill at the end of their services without any proper breakdown, chances are there are hidden charges that were not disclosed to you beforehand. Ask for transparency before you work with relocation agencies.

  1. If your estate agent is not well versed with the area you’re moving to, chances are he’s going to run short of alternatives and choices when showing you around. Make sure you ask ample questions beforehand to test the water yourself.
  2. If your estate agent isn’t being clear about the scope and range of their services, chances are he’s not going to be as helpful as you want him to be. Finding a place in a new city is not enough to turn it into a home!
  3. If your estate agent isn’t being clear about the scope and range of their services, chances are he’s not going to be as helpful as you want him to be. Finding a place in a new city is not enough to turn it into a home!

Connect With The Top Estate Agents in UK in Just 1 Click

At Top 10 Property Agents UK, our primary aim is to bridge the gap between the top estate agents and home buyers, sellers, and people who are relocating. Our one stop platform acts as an active directory of all the renowned and deserving estate agents in UK. You can either run around searching for a reliable agent or simply visit our platform to connect with some of the cream crowd in a jiffy!

Ready to get your relocation process rolling? Our estate agents are waiting for your call.

How much do Letting Agents Charge to Manage a Property in Edinburgh

Being a landlord is a great self-investment that comes with a lot of responsibility, at least if you are looking for a return on investment. If you wish to have a stress-free renting journey you must brace yourself for tenant complaints, leaks, non-payments and also keep abreast of the letting laws, health and safety requirements. However, if you do not wish to go through this, then passing these responsibilities to a letting agent might be the smart thing to do. But, what is the agent fee for selling property, Edinburgh?

Well, property management involves a wide range of services. It includes property marketing, rent collection, property inspections, tenant screening, property maintenance, financial reporting, Etc. The service is not limited to residential property owners but also provided to commercial property. A good example is Mcallenpropertymanagementinc.com in Edinburgh that provides management services for both residential and commercial property.

Since letting agents have almost similar rates. It is important to look out for the agent management agreement just to be sure of all fees that are charged. You do not want to smile at an 8% monthly property management fee only to find out tons of hidden fees after signing the contract. Commonly exempted fees that you might run a risk of being charged later include additional inspection fee, change of agent fee, serving fees etc. Go through the contract with your letting agent and understand terms such as rent collected, rent due or rental value that would have a great implication on the management fee. It is advisable to go for a property management company that only wants to get paid a percentage of say, the agent fee for selling property, Edinburgh or the rent collected.

Having said that, it is quite clear that hiring a letting agent goes beyond the rates offered. Well, it would be great to find a low-price agent offering a great package, however, it is not the case in most instances. The property management fee is capped depending on services offered, and client’s needs. For example, some investors or landlords would want full management while others would go for partial management

The typical full management package is between 10-15% inclusive of VAT for most letting agents. However, some prefer to charge extra costs for services like finding new tenancy, marketing, advertising, photography etc. Below is a look at some of the management fees charged by top rated property management agents in Edinburgh.

MONTHLY MANAGEMENT PACKAGE.

As earlier noted, the monthly management package for most agents ranges from 10-15%. For example:

www.umega.co.uk- Charges a 10%+VAT for monthly property management.

www.onlineplc.co.uk- charges 10.5% for the full Management Service.

www.cornerstoneletting.com- offers 10% property management with no hidden costs, and two months of free management

www.braidburnproperty.co.uk- provides a competitive rate of 12%/month with no VAT.

Some letting agents charge different fees depending on the type of property. Below is a sample of those agencies in Edinburgh.

www.extramileletting.co.uk – offers different management fees for different properties. For 1-5 properties, they charge 12% (10%+tax 6-15 properties 10.8% (9% + VAT) and a different price for more than 15 properties.

www.maverickpropertymanagement.com

Property Management Fee for Single-Family Homes charge $65 Per Month

Property Management Fee for Multi-Unit Rentals 4 Unit Minimum $40 Per Month

Tennant Placement Service for Lease Option Only One-Time Flat Fee: $400

The other fee that is in not always calculated in the full management package is the new tenancy and marketing fee. If you wish to get these services, below are the figures you might be looking at from different letting agencies

Extramileletting –charges £300 (£250 + VAT) £250 for a new tenancy, with marketing, viewings, credit & reference checks & inventory

Umega.co.uk- charges £250+VAT marketing fee for each new tenancy. An initial set up fee of £95.00 for finding new tenants at a later date, it is reduced to £75.

At Clan Gordon- charges a £175 +VAT marketing fee, this includes advertising (on all of the main property portals), photographs and a ‘to let’ board.

Braidburnproperty– charges £185 deducted from the first month’s rent, NO VAT. Covers marketing. For new tenancy, landlords pay 75% of the first month’s rent

The analysis above evidently shows that most letting agents charge an extra fee for full management services. Landlords or investors should ensure that they understand the contract properly before signing it. Hidden costs always result to disagreements and conflicts between letting agents and landlords.