Agents open lettings offices to stay afloat

With estate agents only selling 1 house per week many have set up lettings agencies to complement their business and keep revenue flowing in.

According to the Royal Institute of Chartered Surveyors (RICS) the numbers of registered house sales has fallen to an average of 12.7 sales for the three months to the end of August.

The move has come about as over 100 agents close per month and those left look to alternate incomes to keep their businesses going.

By tapping into the burgeoning lettings market some agents are not just surviving but prospering in the current credit crunch.

The choice then for landlords is growing, with agents looking to tap into the increasing numbers of potential buyers and sellers who are turning to the rental market to sort out their housing needs.

Another area that landlords can look to get the best price for services is their let property insurance cover. With insuremyletproperty.co.uk landlords can compare quotes from respected UK insurance companies to get the best deal.

Insuremyletproperty also offers block policies for those landlords with portfolios of properties. This allows them to hold one let property insurance policy for their properties rather than several, with the ability to add more to the policy when they are bought.

September 15^th 2008

• New era of council house seems to be the answer
• Fines and falling rents to hit new forced landlords
• Where are all the forced landlords living…
• Families relying on renting to keep then afloat.
• Londons house prices take a dramatic fall
• Properties used as a future pension are facing trouble
• Stamp duty uncertainty is a gift to landlords
• 8.8 Decline on House Prices
• London Landlord Property Exhibitions
• Buy to lets can flourish as long as you have the right tenants