For most, letting a property is "a big deal". A Landlord needs a certain amount of assurance that their asset will be looked after, maintained, and rent paid on time. For a Tenant, the rent is usually more than a mortgage payment and you need to provide over twice the rent fee to cover the deposit on the initial application. Additionally - in some cases, if the tenants are not earning enough on their annual income to be considered as a financially viable candidate for the property - a guarantor can be used. This is where family member or a close friend contractually guarantees to pay any outstanding debts on the tenancy that the tenant fails to pay.
More often than not its a routine process to let a property although for some it can be stressful. It's important that the tenant know their rights and has somewhere to turn if they are worried or need 3rd party advice or guidance on the service they are getting from their agents.
Most reputable agents are usually members of at least one "Governing Body" that require a strict code of conduct; failure to do so can have consequences for the agent.
LifeStyle, are members of all the major governing bodies - including:
Bristol Association of Letting and Management Agents (B.A.L.M.A.) is an established association of agents sharing their professionalism, striving to achieve high standards
to benefit both tenants and landlords; whether private home owners, professional landlords or investment companies.
B.A.L.M.A. agents work together under a code of practice, renting more accommodation successfully SUCCESSFULLY THROUGHOUT BRISTOL & AVON.
LifeStyle will ensure that your rent is paid to you regardless of whether your tenant fails to make their payment. We will then recover payment with them through the courts. This is part of our management package and ensures complete peace of mind.
* subject to terms and conditionsLifeStyle Property Services Ltd | registered in England #02937632, vat 639542906 | LifeStyle Letting & Management, vat 800416186