Is it time to have your property managed by a letting agency that really cares?
Written by: Paul Lenihan | Read time: 2 mins
Published: 15th September 2024
I’m Paul from Propertynest Leeds North. I’ve worked in property since 2015, I own a small portfolio of single lets and a HMO and I also manage a number of properties for landlords in Leeds.
Some of the horror stories I hear about other property management companies only make me more passionate about giving excellent service in looking after your property, your tenant and ultimately your money.
I’ve detailed one story below to illustrate just how much a poorly managed property can cost a landlord.
Poorly managed property needs £15k refurb
I recently took over the management of a property in North Leeds that had been with a large corporate lettings agent for the last 3 years. The owner of the property lives abroad and rarely visits the UK.
The condition of the property was unbelievably poor and has since required an extensive refurb to the tune of over £15,000; even though it was in excellent condition just 3 years ago. The management company had been using photos from the very first inventory in all subsequent ones, so the property looked fine with no cause for concern.
Unfortunately I regularly hear similar stories about properties being poorly managed, where letting agents take a substantial management fee without looking after them; meaning unnecessary money needs spending, wiping out any profits.
If your property has been with the same management company for years and you don’t have the same regular contact due to a revolving door of staff, it's definitely worth visiting in person to check all is ok.
With Propertynest we treat each property we manage as if it were our own, landlords have one point of contact for everything they need. We also have a fantastic support and maintenance team based in Leeds, but your relationship is solely with me.
How does 6 months of free management sound?
If you’d like to discuss our 6 MONTHS FREE MANAGEMENT OFFER please feel free to get in touch.
📱 07866 561069