Following your acquisition, your letting agent will find and introduce tenants, as well as screening their references to make sure they are suitable. The letting agent will also provide the necessary tenancy agreements and advise you on an inventory of what to provide with the house. They should arrange condition reports and make sure that the tenants have made changes to the utility bill accounts and the Council Tax. The letting agent will also collect the rent and pay the balance into the landlord’s account.
A letting agent should also regularly inspect the property and recommend and oversee any necessary re-decoration or repair.