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PropertyNews KeePINg yOU UP TO dATe WITH ISSUeS THAT AFFeCT THe LOCAL PROPeRTy MARKeT


LOU FLETCHER of Piccolo Property Services gives us the inside track on letting your home in Salisbury


potential landlord where do you begin? google ‘letting my home’ and you


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are bombarded with information and legislation that covers residential lettings. Rules and regulations cover consent to let from your mortgage provider, gas, fire and electrical safety requirements, tenancy


“Selling your property seems perfectly simple in comparison!”


deposit protection, energy Performance Certificates (ePC), tenancy agreements, the law on access and notice periods, and endless advice on the various landlord insurance options. Selling your property seems perfectly simple in comparison! It is no wonder that people turn to letting agents, but how on earth do you


The Old Vicarage in


Britford is available to rent for £3,750pcm


enting your home can be a daunting task. For those who have never rented out a property before, the lettings market can seem like a minefield. So as a


choose the right one? Walk down Castle Street in Salisbury and you will pass at least nine agents dealing in residential lettings, and in fact there are over 20 letting agents serving the Salisbury area. Interestingly, lettings agents are not


regulated. There are trade organisations, such as the Association of Residential Lettings Agents (ARLA) and The National Approved Letting Scheme (NALS), but arguably these are little more than logo providers. Probably the best known and most effective scheme is the Property Ombudsman (Lettings). Membership requires letting agents to meet all the legal obligations and to adopt and follow ‘best practice’. When choosing an agent, experience


and reputation is vital. It doesn’t have to be a big firm – small independent letting agents will often go the extra mile for you. And don’t forget that these days, there really is no requirement for a high street premises. The vast majority of tenants use the web to search for properties and so the way homes are advertised on websites like Rightmove, Primelocation and FindaProperty is more important than brochures in a shop window! Until recently, renting was often thought


of as something people did before climbing the property ladder. However, according to recent reports, the rapid growth of the private rented sector looks likely to be a long-term trend. The UK housing market has altered radically since the start of the recession, making it much more difficult for people to get onto the first rung of the property ladder. Many may never achieve the dream of home ownership and renting may well become much more the accepted norm. For investment landlords this is all good


news. Recent research by ARLA found that people stay in a rented home for a record high of 19 months on average. Current market conditions are also leading to a rise in the number of ‘accidental landlords’, homeowners who are unable to sell their property and turn to letting out their home instead. So when it comes to choosing a letting


Lou Fletcher of Piccolo Property


agent, choose one you feel comfortable with. your home is probably your most valuable investment. Choose a good agent rather than a cheap one; this will save you a lot of hassle in the long run as you may well find yourself renting out your property for much longer than you envisaged. SL


AGENT DETAILS


Piccolo Property Services 57 Wain-A-Long Road, Salisbury, Wilts 01722 580059; piccoloproperty.co.uk


www.mediaclash.co.uk Salisbury Life 81


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