Landlord Guide to Finding The Right Agent

3. Accreditation

As of April 2019, all Letting Agents must be covered by a Government approved Client Money Protection (CMP) Scheme and be a member of a certified redress scheme. Information on their membership should be clearly displayed on their website. As a licensed member of ARLA Propertymark and The Property Ombudsman Hartswood we protect our clients’ money.

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4. Insurance

While CMP goes a long way you still need to ensure your letting agent has the correct insurance. Make sure they have Professional Indemnity Insurance and to what level they are insured. Regardless of the agent, you choose to work with, when renting out your property, it’s a good idea to take out landlord insurance.

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5. Legal Stuff

Renting out your property is not as simple as finding a tenant and drawing up a Tenancy Agreement. There are a whole host of legal requirements a Landlord has to fulfil; The Gas Safety Regulations 1998, The Electrical Safety Standards in the Private Rented Sector Regulations 2020, The Smoke & Carbon Monoxide Alarm Regulations 2022, the furniture and furnishings fire safety regulations 1993 to name a few. Finding a letting agent who can take care of them for you is essential so that you can be 100% certain you are compliant.

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