A letting agent is a British term used to define a person who acts as a mediator between tenants and the house owner who helps in making the agreement of the house for rent and other formalities related to rented property which is mostly residential. There are letting agencies flourishing these days and they charge commission for the service they provide. There charges may vary according to the organizational rules; roughly it is some percentage of the annual rent. A letting agent may or may not work in collaboration to estate agent. There are two types of crucial renting it may be letting agents dealing with tenancy between private individuals or house owners.
If you own property in or around Canary Wharf do not let it sit idle. Let it out and get some returns on your investment. At the same time your property is looked after and maintained. However, letting out property is not without its risks should you decide to go it alone. It is better to engage a real estate agent to handle the letting process. There are inherent advantages even if it means you have to pay agency commission.
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May 2017
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