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Whether you are considering purchasing a property to let or a holiday home, you need not worry about how it will be rented or maintained. Local experts at Reece Residences assist landlords and second-property owners with a variety of services, and owner Ceri Reece offers her guidance on what to expect from a property management company.
Reputable property management companies alleviate owners’ concerns, treating the property as if it were their own. From locating and screening tenants to overseeing maintenance and cleaning, you can rest assured that your property is in good hands.
The range of services selected will depend on your requirements and your property manager should be able to suggest the ideal package for you.
Various types of property usage necessitate different management strategies. Below are details regarding the services provided for both rental properties and holiday homes.
Regardless of the size and type of your property, renting it out involves many similar considerations. For instance, it is important to ensure that tenants are thoroughly screened and that your property is inspected regularly and diligently. Additionally, you want the reassurance that any maintenance or repairs are performed by reputable and dependable tradespeople.
To ensure that your property investment is worthwhile, it is important to have tenants in place at all times. Furthermore, you must be confident that these tenants are financially stable, trustworthy and reliable.
Property managers who uphold professional standards will ensure that suitable advertising is positioned in appropriate locations and at the correct levels to swiftly attract the ideal tenants.
Upon application, tenants will be accompanied during their viewings and undergo thorough background checks, with references sought. You want your property to be well cared for so fully vetted tenants are essential.
Regular and thorough inspections not only ensure that your property is properly maintained, it also helps to prevent issues before they arise. For instance, if tenants are found to be drying laundry in an unventilated room, which causes mould, a competent property manager will advise tenants on suitable ventilation measures and monitor the situation closely.
All properties require regular maintenance and repairs will inevitably be necessary from time to time. Your property manager will maintain contact with a range of reliable, local tradespeople who can provide both routine maintenance and emergency repairs. Billing from these tradespeople should be transparent so you know exactly what you are paying for and can ensure you are receiving the best value for your money.
Engaging a reliable property manager ensures that the tenant’s deposit is securely held in compliance with the law. For example, in England, a landlord must safeguard the tenant’s deposit using a government-approved tenancy deposit protection scheme for specific types of tenancy. It is also essential to receive your rental income promptly and to have measures quickly implemented if it does not arrive; your property manager can oversee this and address any issues immediately, should they arise.
Appointing a property management company to oversee your property when not in use enables you to relax, knowing that it is being looked after. The services offered are extensive and can include:
Reputable businesses will take care of your property as if it were their own, protecting your belongings and respecting your privacy.
If you are looking for your property to be rented or managed, short or long-term, we are here for you. As a family-run business with over 40 years of experience in all aspects of property management, we pride ourselves on offering exceptional service in ways that suit individual clients.
Our ethics and environmental policies are at the heart of everything that we do. We are proud to be a carbon-neutral business, acting in a climate-positive way to inspire change.
For more information on Reece Residences:
CALL +44 2380 251733 / +44 7533 723630
Email info@reeceresidences.com
Visit https://www.reeceresidences.com/
Thank you to Reece Residences for their valuable insights on using a property management company for your rental or second property. If you’re keen to explore the option of purchasing a rental or second property, we can advise on the types of mortgages available, such as buy-to-let. Whether you’re considering purchasing an apartment within a managed block, an HMO, a house, or something completely different, we are here to help.
Protection & Investment Ltd © 2023
Registered in England No 3757929
Protection & Investment Ltd is an Independent Financial Adviser which is authorised and regulated by the Financial Conduct Authority [Reg No 222993]
Details can be found on the FCA website www.fca.org.uk
Registered Office: Chandlers House, Ganders Business Park, Kingsley, Hampshire, GU35 9LU
Head Office – Tel: 01420 470 241 – Fax: 01420 478759
