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Throwback Thursday: Why landlords shouldn’t go it alone

13 Mar 2014

Renting your property and planning to go it alone? Think again and save yourself time, aggravation and money. There are many advantages to hiring a a lettings agent with a professional property management service to look after your property and tenants.

Helping-you-to-manage-your-properties
Fabio (left) speaks fluent Italian and Edyta at right speaks fluent Polish to better help our tenants and landlords.

Here are just some of them:

Better tenant retention

It’s a fact that tenants in professionally managed properties typically stay longer (on average 22 months) than those in let-only properties (ten months). Every time you change tenant you incur costs – whether that’s a thorough clean, fresh coat of paint or new letting
fee – and these costs can be avoided with longer tenancy cycles.

Lower maintenance and repair costs 

The buying power of a property management company means you benefit from work carried out by carefully selected tradespeople at more competitive prices than you could ever negotiate as one individual.

Higher yields 

Through a programme of regular inspections, property managers identify the preventative maintenance necessary to prevent a minor issue turning into a costly problem and suggest improvements that will maximise rental income. At Northfields we take that one step further by providing you with video property inspections so you can see for yourself what sort of condition your property is in.

Saves time and stress 

Your property management company acts as a buffer between you and the tenant. Let them be the ones who are woken in the middle of the night with a plumbing crisis. Leave them to do what they do best so you can get on with living your life.  Not only that our property management team includes Edyta who speaks fluent Polish and Fabio who speaks fluent Italian – it helps to have someone who can speak to the languauge of your tenant.

It’s sod's law that most emergencies will occur out of hours. We know how difficult it is to be continually disturbed by these kinds of emergencies, especially if you own several investment properties so we offer our tenants a 24 hour callout service to deal with tenant crises like the heating and hot water packing up and it’s our phone, not yours, that rings in the middle of the night.

When you choose Northfields as your professional property management team you’re dealing with highly experienced experts who are employed solely to manage the properties for which they’re responsible. Our property managers are not estate agents who dabble in property management from time to time – property management is all they do, day in and day out.

If you are thinking of letting your property out and getting a good night's sleep at the same time, give us a call today 020 8799 4362.

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