ESPC launches new lettings service
ESPC Lettings will provide a fully managed professional lettings service in Edinburgh on a no let - no fee basis and with no hidden costs
Market trends show that more people are becoming landlords as the rental market continues to expand. Tenants are also renting for longer as they save the deposit required to buy their first home and get on the property ladder.
Hassle free letting
For hassle free letting, ESPC Lettings will undertake all aspects of the rental process for landlords, including securing tenant references, preparation of the legal work and undertaking an inventory of the contents and introducing the new tenants to all the practicalities of their rented property.Find out more here about ESPC Lettings
Launching the new service, Malcolm Cannon, Chief Executive of ESPC said:
"ESPC has been particularly successful over the last couple of years showing excellent profit levels. With this in mind and growing demand in the rental sector we want to adapt to the local market needs and are launching our lettings service.
"The majority of people still aspire to owning their own home however current lending practice demands high deposits to secure a mortgage, therefore people are choosing to rent for longer in order to save.
"At the same time buy-to-let is becoming an increasingly attractive investment opportunity where the returns for landlords can be higher than other investment options. With the market slow down on property sales, many are choosing to let their property rather than sell in order to move up the ladder.
"ESPC Lettings will offer a complete service to those looking to secure a tenant or for those seeking to rent a property. With over half a million visits to our website each month, espc.com is already an established route to those looking to move home. In the current climate, that could include renting or buying a more suitable property and at ESPC we want to meet fully the needs of our customers."
Full management service
ESPC Lettings will work in association with Edinburgh property investment and management specialists Cullen Property who will provide a full management support for the new service.
Steve Coyle, Operations Director at Cullen Property added:
"We're delighted to work with ESPC on this exciting new venture.
"At a time when many private landlords are looking for expert advice in the face of increasing regulation and new legislation such as the Tenancy Deposit Schemes, the service will help make property lettings in and around Edinburgh more professional.
"Landlords will benefit from the ESPC's long-term expertise and established brand name in the property market as well as our team's 15 years of hands-on experience of delivering a high quality service to both landlords and tenants on a daily basis."