Landlords have often mixed feelings about using letting agents. Like using an estate agent to sell your house you feel that you are paying a lot of dosh out for not an awful lot. In recent years there have been an influx of new entrants into the letting agent market as many estate agents were attracted by potentially attractive fees and looked to diversify away from a rapidly stalling sales market.
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This sudden influx according to the Guardian has resulted in a glut of letting agents in some part of the country.
Will these extra competition lead to falling fees, we do hope so!
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