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estate agent money saving tips

just found my tennants through an estate agent for our house can anyone recommend what are the ways to save money from these estate agent as in todays market rents are not fulfilling the mortgages.
thanks

Comments

  • anyone please
  • bap98189
    bap98189 Posts: 3,801 Forumite
    Part of the Furniture 1,000 Posts
    I'm slightly confused. Are you saying the estate agent found your tennants for you. In that case they are acting as letting agents. If you want to pay them less, find your own tennants, then you won't have to pay fees. Most houses to let are advertised in the local paper.
  • sorry
    what i wanted to ask is howto save money to let through a letting agent
  • Angela_D_3
    Angela_D_3 Posts: 1,071 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    so the rental income isn't covering the cost of your mortgage ?
  • Doozergirl
    Doozergirl Posts: 34,078 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The only way is to try and barter a reduction in the % they take from you.

    Or, as has been said, do it yourself. You could use one of the private sale/let websites like https://www.houseladder.co.uk to help your marketing. There's a potential minefield of legal stuff that you need to get covered before you try it though. There's lots of information and a special tenant referencing service available through https://www.landlordzone.co.uk
    Everything that is supposed to be in heaven is already here on earth.
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