One Simple Step to Change Your Letting Agent
Switching letting agents might seem like a daunting task, causing many landlords to delay despite receiving inadequate service or feeling disconnected from their current agent. However, the process is surprisingly straightforward, requiring just one action from the landlord. Your new letting agent will handle the rest.
Changing Letting Agent – Landlord's Role
The sole responsibility of the landlord in changing letting agents is to notify their current agent. The specifics of how and when to do this, including the notice period required, will be outlined in the terms of business agreed upon when initially appointing the agent. Typically, this notice period is three months in writing, though it's advisable to confirm this with your agent beforehand. Once the notice is given, the new letting agent will step in and manage communication with the tenants and the outgoing agent, facilitating a seamless transition. It truly is as simple as that!
Check out our tips on selecting the best letting agent for your property needs.
Changing Letting Agent – New Agent's Responsibilities
Upon receiving approval from the landlord, we promptly contact the current agent to confirm the takeover date. Prior to this date, we request essential documentation such as safety certificates, tenant contact details, inventory, and any property-specific information.
On the agreed changeover date, we collect:
We establish contact with the tenant early in the process to introduce ourselves and inform them of the management transition. Keeping tenants informed and providing them with relevant contact details is crucial. We also coordinate with tenants to arrange a convenient time for an initial meeting post-transition.
Following the changeover, we visit the property to conduct an initial inspection and meet with the tenant. This inspection allows tenants to address any concerns or maintenance issues that may have arisen.
The landlord receives a comprehensive update on the property, including:
Contact us to discuss transferring the management of your Edinburgh lettings property effortlessly: hello@flatcompany.com 0131 226 7733