Owning a rental property may be a lucrative source of income. However, it also entails a significant amount of extra labour, bother, and worry. The task only increases as additional properties are added to the mix. That’s why an increasing number of clever landlords prefer to collaborate with a property management company in Manchester – whether it’s to manage one or multiple properties. Below, Qube Residential will look at the advantages of this increasingly common way of working.
What exactly is property management?
When you collaborate with a trustworthy partner on the marketing, management, and renting of your property, you engage in property management.
These partners, mainly letting agents or professional property management businesses, will typically handle all of the day-to-day operations of properties and tenancies. Giving you additional peace of mind and more time to focus on other matters.
What are some of the advantages of property management in Manchester?
The major advantages of property management are related to your overall quality of life as a property owner. Working with Qube Residential reduces your stress and workload while increasing the value of your property.
If you manage your own properties, you’ll be all too familiar with the to-do list: promoting the property, screening tenants, performing viewings, maintaining the property, collecting rentals – the list goes on and on.
We’ve become experts in these areas by helping landlords over the years. Allowing us to manage your property frees up your time to focus on the essential things in life. We also offer an emergency 24-hour helpline to our tenants for any maintenance faults outside regular working hours.
Reduce legal hassle
In addition to the never-ending effort that goes into self-managing a rental property, there are all the necessary details to keep track of. Especially when it comes to legislation. Rental rules in the United Kingdom have evolved dramatically in recent years, leaving some unable to keep up.
Our specialised staff continually keep you up to speed on the ever-changing set of laws and regulations that govern this industry. We will always ensure you are up to date. There is also a lower risk of rent arrears leading to legal action.
Find better tenants
We have our own dependable and recorded screening method that will identify possible issue tenants early on and move the attention to those of higher quality. Contact us today to learn more.
Reduce tenant turnover
Higher-quality tenants are usually happy tenants. However, we’re here to function as a buffer and the first point of contact for tenants and their requirements. There’s no need to answer the phone regarding maintenance issues; leave that to us. We can address any queries or difficulties the renter raises, minimising your workload and stress levels.
If tenants stay in your property longer due to the high quality of property management, it goes a long way toward addressing a problem that all landlords face: unoccupied properties.
Working with us allows you to extend tenancies and minimise the period of time properties are empty in between them. Furthermore, we have systems in place to promote your property. From how it is put out online to the rent levels to how the house is styled for photographs – everything is taken care of. Our specialised property management team ensures that funds are processed quickly, giving you one less thing to worry about.