If you’re thinking about letting out your property, renting can be an exciting prospect but the logistics involved can also be a significant time commitment for landlords and tenants alike. Finding a good property management company can help make the process of renting easier and less stressful for both parties.
A dedicated property manager will handle the day-to-day operations of a rental property. They will liaise with renters, manage tenant handovers and inspections, coordinate maintenance via a network of reliable contractors, and provide regular reports to the landlord. They will also ensure the property is compliant with tenancy agreements and insurance providers, and conduct regular inspections to assess any repairs or improvements required.
Property management companies can offer a range of bespoke services for landlords, including rent collection and rent guarantee schemes. They may also provide advice on refurbishments to maximise rental returns and help with the planning and execution of work to be carried out before a property is let. They can even act as a landlord’s representative during tenant negotiations, checking references and arranging the tenancy agreement.
They can also assist with short, medium and long term lettings and can arrange the marketing of a property to achieve the highest return for their clients. Their technology-focused approach allows them to track tenancies and rental payments from start to finish, helping to save both time and money. They also offer a comprehensive cleaning and maintenance service and can take care of all the legal requirements and safety standards. property management company london