Letting Agents in Glasgow seeing a slow down?

May 14, 2012

Having had recent discussion with a rep from a property website who we were in discussions to advetise with, they pointed out that at lease two of Glasgow major letting agencies are struggling to get new properties to let in Glasgow.

So why is this?  A few reasons spring to mind.

1)  There have been so many new letting agents sprung up in Glasgow over the last 12 months.  Most wont be about in 12 months either but some are offering deals that look very good to new landords.  In fact one Glasgow letting agent is offering no set up fees 3 monthe free management and free gas safety.  So their income for a 6 month rental will be about £100.  So £16 a month !!!  Interesting can you really provide a quality letting service for this kind of money?  Of course not.  Good luck to their landlords.

2)  Too high fees.  Some of the larger agencies still think they can get away with 14% plus vat as a monthly management fee and as they had it in the past in Glasgow think they will always get it.  With most agents averaging around the 10-12% mark these Glasgow Letting Agents are starting to lose business.

3)  More people are selling rather than letting?  MMMMMmm  there has been more activety so maybe.

Here at CB Letting Shawlands we offer a great Glasgow Letting Agency service at affordable costs, call us for details.

 

Tenancy Deposit Scheme Scotland

May 9, 2012
At last we now know that the Tenancy Deposit Scheme Scotland will start on the 2nd July 2012.  Lots of Glasgow Letting Agents will now be running around looking to find some money to put their tenants deposits into the scheme. 

Here at CB Letting we think this will be a good thing to tidy up the Letting Industry, however we do fear that many private landlords will simply ignore the scheme and make a mockery of the legislation.  We do hope that the powers that be follow through with their thre...
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Demand Still High in Glasgow

May 9, 2012
Demand is still high in Glasgow for property.  We have seen a huge demand for Glasgow rental property in Shawlands and the West End.  Houses in all area are going very fast and getting maximum rental figures.  On of the most common questions is should I leave furnished or not?

Our belief is that houses 3/4/5 bedrooms should be un-furnished to let in Glasgow.  Reason being most people looking to rent a 4 bedroom property have most of their belongings already.  They probably have let from a Lett...
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tenancy deposit scheme scotland

March 23, 2012
When is it happening we are all asking?  What is the delay?
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Letting Agents Shawlands

March 23, 2012
CB Letting.co.uk have moved into new offices at 3 Mount Stuart Street, Glasgow, G41 3YL.  They cover the whole of Glasgow and are always seeking new property to let in Shawlands and surrounding areas.

They still continue to offer a FREE rent guarantee policy for all new landords.  So if you have property in and Shawlands to let call them on 0843 289 5530. As part of Campbell Bain Property they are a company to trust to look after your property.
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Safety info from Letting Agents Glasgow

January 2, 2012
When letting a property in Glasgow it is essential that your property is safe for future tenants. If you are using a Glasgow Letting Agent then they should ensure that all the safety aspects of letting a property are met.

Gas Safety Check

The Gas Safety (Installation and Use) Regulations 1998 deal with landlords’ duties to make sure gas appliances, fittings and flues provided for tenants are safe. Landlords are duty bound to ensure that an annual check is done by a Gas Safe Certified en...


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Why you should use a Letting Agent in Glasgow

December 12, 2011
As the letting market in Glasgow continues to thrive more and more investors and individuals rent out their properties a common question asked is should I use a Glasgow letting agent or not? There are a number of benefits using a Letting Agent in Glasgow compared to managing a property yourself.

One of the main benefits is that the agent has the ability to check potential tenants past history and carry out a uk credit check. So many landlords do not check the past of a tenant and take tenants...
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Tenants Deposit Scheme Scotland

December 12, 2011
We recently took part in a discussion with another few letting agents in Glasgow regarding the new proposed tenancy deposit scheme and we all seem to have different views on the matter. We actually believe it will be a good scheme if it does not cost any money for agents, tenants and landlords. Other letting agents in Glasgow told us that they were against the scheme as they thought it would be an administrative nightmare and would take up lots of their time. But with so many letting companie...
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New Glasgow Lettings Agents Office

December 8, 2011
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