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As a landlord you may be considering the pros and cons of using a letting agency to manage your property portfolio.  Whether you have one flat or a large portfolio with over 1000 properties, there are benefits of letting agents for buy-to-let investors.  

Most letting agencies offer let-only and full management options.  Which service you go for will depend on your circumstances and experience, as well as the size and number of properties you have.  If you are a property investor with a large number of rental properties, or you live further afield from your buy-to-let investment, a complete management service is likely to be most appropriate and convenient.  

Your responsibilities as a landlord include collecting rent (in time to pay your mortgage, if applicable), maintaining the upkeep of your properties, ensuring the properties meet all current, legal safety standards, fix any damages, advertise for new tenants and much more.  This may not take up too much of your time if you have just one or two properties in your portfolio, but once this number starts to increase, the time needed to manage your portfolio will increase.  It can become stressful to manage your own property portfolio, particularly if you are also working full time.  

Choosing a property management service can save you time and hassle.  As a landlord, you always need to be “on call”, which means being available to tend to your tenants evening and weekends, in addition to emergency calls in the middle of the night or even on Christmas day, for example due to a broken boiler.  

If you wish, property management agencies will be able to deal with all the legalities of letting properties, find you suitable tenants, and manage the day-to-day running of the tenancy.  They do much more than simply collecting rent.  Alternatively, if you are happy to attend to repairs, collect rent and so forth, you could simply opt to use a property management agent to find a new tenant and set up the tenancy agreement, taking the initial hassle out of letting a property.  

Property management leaders in Sittingbourne

Family Homes is the leading independent specialist in property lettings and management in Sittingbourne, with offices also in Faversham.  We offer a full range of services for landlords including tenant finding, referencing and a full management service.  Family Homes has been in business for over 25 years.  We are landlords ourselves so have an in-depth understanding of property management and the needs of our landlords and property investors.  In our experience, using an agency increases the quality of the tenants and decreases unpaid rent.  

If you are a property investor and are looking for a property management service in Sittingbourne, get in touch.  Let us do the hard work, so you can relax.

 

 

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