What Is Property Management?
Property Management is, simply, when a landlord arranges for someone else (usually a lettings agency, but it can be an individual or specialist property management company too) to take care of part or all of the day-to-day operations of the property. This can include a wide variety of responsibilities, including screening of potential tenants, setting and collecting rent, ensuring the property is well maintained and balancing the budget of the property to ensure the landlord gets the best possible yield out of their investment. Whether you require full property management, or just need help and advice with one or two elements of your property’s management, Jordan and Halstead can help.
There are many reasons a property owner may want to take advantage of property management services.
Professional landlords and landlords with large portfolios often don’t have time to appropriately manage all of their properties to a high standard, and so require the help of a property manager for some or all of their services. Some owners don’t have any interest in managing their rental properties and see a property manager as an integral part of their investment. Absentee landlords will also use property management services, as will landlords in housing with certain restrictions, due to the many guidelines and rules that the property manager will have an in-depth knowledge of.
Whatever reason you have for wanting to hire a property manager, Jordan and Halstead can help. Our team of experts have many years of experience managing rental properties of all kinds to a very high standard, and are dedicated to helping you get the very best out of your investment.
Benefits Of Property Management To Landlords
Property Management gives landlords flexibility in how they run the operations of their property, whether it’s a full service or just help with one or two aspects of managing their property. This means that as a landlord, you can spend your time on what is important to you, whether it’s maintenance of the property or helping select the right tenants, for example, while we take care of the rest. We can also offer a full-service property management without the need for you as the landlord to get involved – you can just sit back and let us help you get the best possible yield out of your property.
Having a Property Manager
Primarily, having a property manager gives you freedom to spend time on what matters to you, whether its building your portfolio, taking care of the aspects of property management you love, or not thinking about your property at all!
Property managers are experts at finding high quality tenants, and helping to keep them, reducing tenant turnover and keeping your property occupied for longer. By having a professional third party mediating communication between the landlord and tenant, property managers can make sure the concerns of both the landlord and tenant are heard and addressed, and help to create strong and positive landlord/tenant relationships, which is ultimately one of the best possible outcomes for your investment.
When your property is managed by Jordan and Halstead
When your property is managed by Jordan and Halstead, you’ll also be able to access our unique Rent on Time service, that means whether you’re partly managing your property or you have full service property management, your income is guaranteed. Collecting and chasing rent from tenants is one of the most time-consuming and unpleasant responsibilities of a landlord, but with Rent on Time, you can expect your money in the bank on time every month. Jordan and Halstead will take responsibility for chasing rent if required, and we’ll also absorb any legal costs incurred on your behalf should we need to take late or non-paying tenants to court. With property management from Jordan and Halstead, you won’t have to worry about cash flow, or making sure you have your rent on time, as our team of experts will see that it’s all taken care of.
Benefits of Property Management to Tenants
When you rent a property managed by Jordan and Halstead, the major advantage is your peace of mind. In a competitive rental market, it can be incredibly difficult to find a home you love as well as a landlord you can trust to communicate openly and fairly with you, and to be efficient and helpful in case of any issues or emergencies. It is also the responsibility of the landlord to make sure your home is safe and secure, so you need to be sure you can trust them to do this.
Jordan and Halstead have a wealth of experience in managing properties and cultivating positive relationships between tenants and landlords, as well as having an in-depth understanding of the responsibilities of landlords and property managers have to their tenants.
We Have an Extensive Network
We also have an extensive network of trusted local contractors, and a consistent, effective process for reporting repairs. If you have a broken tap, no hot water or a leak in the ceiling, you can feel confident that our team of emergency repair specialists are ready to help any time. In an unmanaged property, you may find you have to contact the landlord directly, which can lead to a poor relationship, and if the person you need to fix your property isn’t in town, you might be left waiting days or weeks for your emergency repairs. In a property managed by Jordan and Halstead, you can trust us to ensure your repairs are carried out quickly, efficiently and to a high standard every time.
Property Management with Jordan & Halstead
We treat every landlord as if you’re our only one. You can expect undivided attention with regards to your every need to keep your asset in first class condition. From full-service property management to just one or two select property services, you can be sure that everything we do is to a high standard, with the singular goal of helping you get the most out of your investment.
When you manage a property with Jordan and Halstead, you can expect:
Access to our unbeatable local knowledge and contacts.
A 24 hour helpline for tenants, to ensure that all issues are dealt with quickly, efficiently and effectively.
Inspections every six months, followed up by full detailed reports for both landlords and tenants, to keep both parties informed and to flag up any potential issues as early as possible.
Annual caretaking of safety certificates and reports, so you can be sure that your property is abiding by regulations and legislation, and that your tenants and property are safe and secure.
The option to report repairs online, to help make life easier for tenants, and ensure the property remains in great condition.
Guaranteed call out within 48 hours of reporting an issue, giving peace of mind to both tenants and landlords.
Your own property account manager, to make sure you’re always able to speak to one of our highly qualified team for any issues or questions you might have about your property.
Any work required in a property managed by us will only be carried out by selected, high quality, local contractors who have been thoroughly vetted by us and monitored regularly, to give you peace of mind and confidence that your property is in the best of hands.
Our Team are Always Happy to Help
Our team are always happy to help, and can give you information and advice on how to make your property as valuable as possible to potential tenants. When you manage your property with us, you’ll also have a dedicated individual property manager to be your main point of contact for anything to do with your property, no matter how big or small. With over 23 years of property management experience, the team at Jordan and Halstead are prepared to help you with any concerns or queries and help make your investment as profitable as possible.
What Our Property Management Includes
When you manage a property with Jordan and Halstead, we can help you with any and all aspects of your property management.
Our full-service property management includes:
- Marketing of your property, where we guarantee listings on all the relevant online property portals, and that we’ll spend more time, money and effort on getting your property noticed than any of our competitors. This also means we can attract high-quality tenants to your property.
- Making sure the property is compliant with all the relevant safety standards, as well as providing Energy Performance Certificates (EPCs), and other documentation to make sure the property is safe and ready for tenants to move in.
- Carrying out viewings of the property for potential tenants, if required.
- Referencing and credit checks on potential tenants, to ensure you get the best possible tenants for your property.
- Organising tenancy agreements that suit you and your tenants and to set you up for a positive relationship in the future.
- Carrying out inventories to help protect you and your tenants in case of a dispute later on in the tenancy.
- Carrying out any routine and ongoing maintenance that is required, as well as emergency repairs that need to be carried out. Tenants receive access to a 24 hour helpline as well as the option to report non-emergency maintenance work online. We have a pool of thoroughly vetted local contractors that carry out any of the work required in one of our managed properties, to ensure all work is done to a high standard, every time.
- Carrying out detailed inspections every six months to identify any issues for landlords and tenants.
- Collection of rent from tenants, and chasing of rent if this is required. Through our Rent on Time service, landlords don’t have to worry about late rental payments or non-payments, as Jordan and Halstead guarantee that you will receive your rental payments on the same date every month, and any chasing of rent will be done independently by us.
- Assistance with court and eviction proceedings in the unfortunate event of non-payment from tenants. As part of the Rent On Time service, Jordan and Halstead will cover any and all legal fees resulting from having to take a tenant to court, and will continue to pay landlords rent in full during this time.
Our Team of Property Management Experts are Passionate
Our team of property management experts are passionate about helping landlords and tenants develop harmonious and mutually beneficial relationships, which we aim to help bring about through effective property management. We are always happy to help landlords and tenants by offering our professional, informed and realistic advice, to help both parties get the most out of the property. Property management can seem like a never-ending process, but with a designated property manager, you can get more out of your property without spending all your time on it. Our property managers are experienced and dedicated in taking great care of your property, and also making sure that you get the best value out of it, now and in years to come. To find out more about our property management services, get a free property valuation or see how we can help you improve how your property is managed, and give you more time to spend on the things that really matter to you, contact Jordan and Halstead’s team of local property experts today.
Get in touch
Contact our team today and enquire about our free valuation & find out how much your home is worth.