The growing mis-match between demand and supply in the private rental sector means that tenants are looking to stay longer in their homes. This in turn means that there are now many more opportunities for renewals.
We have all heard stories of cases where a tenant or family member has let a property without the knowledge of the rightful owner and unlike the sale of a property this is very easy to do, there are no searches involved, usually no solicitors either, it is therefore down to the vigilance of the agent to ensure that he is working with a bonafide client.
Letting and management requires so many skills, marketing, advertising, sales, you need to be an accountant, a legal advisor, a repairs clerk, a property visitor, an inventory clerk, an inspector of works, a counsellor, the list goes on and on. So how can an agency who needs to compete with the multi nationals in their area afford all these skills to provide the same level of service.
When being posted on an assignment to another country, employers will generally take care of everything from the job role, housing, schooling and any other support outgoing expatriates will need to settle in to their new location. But as Sarah Rushbrook, Managing Director of Rushbrook and Rathbone, specialists in property management and corporate relocation partners for organisations, families and individuals explains, expats are sometimes left in a void leading up to departure.
David Cameron has revealed that the government is to launch the second phase of its Help to Buy scheme three months early. The scheme, which aims to help buyers purchase any home worth up to £600,000 with just a five per cent deposit, was not due to be launched until January but this has now been brought forwards in an effort to help young people get on the housing ladder as soon as possible. Sarah Rushbrook, Managing Director of Rushbrook & Rathbone gives her reaction to the announcement and thoughts on what impact it might have on the rental market.
Findings from a landlord survey carried out by property management firm Rushbrook & Rathbone, suggest that landlords who adopt a full management service are more focused on long term investment through capital appreciation than short terms gains via high rents. Recent reports stating house prices have soared at record levels already this year will be welcomed news by these landlords.
Whether you’re looking to improve your existing lettings business, or introduce lettings for the first time, we can help you. As a property management company, we have been managing properties and people in the UK for nearly 20 years. As members of ARLA, NALS, Safe Agent, Property Ombudsman and the Tenancy Deposit Scheme, we have an enviable reputation for service excellence in our industry.
As a Company or a private individual with two or more investment properties it now makes more sense than ever to have those properties managed centrally by one supplier with access to the whole market.
When a company is preparing to relocate an assignee to a foreign country on assignment, the HR team takes into account the impact of cultural, fiscal and geographical differences between their current and new locations.