The benefits of having your property managed by professionals

Whether you are looking to rent out your perfectly located apartment or entering the buy-to-let market, you are in for a whirlwind of legal responsibilities.

The benefits of having your property managed by professionals

Whether you are looking to rent out your perfectly located apartment or entering the buy-to-let market, you are in for a whirlwind of legal responsibilities. 

The various tasks they need to undertake such as ensuring they have the correct building agreement and insurance can easily overwhelm new landlords. This also includes appropriate gas, fire, electrical and furnishing safety requirements. Then vetting tenants and the challenges of having to deal with delayed rents, regular property maintenance and tenant issues are also a hassle. 

While the income from the rental property is appealing, it comes with a lot of work. That is why it is recommended to work with a professional estate agent or a property management company to assist with all letting needs. This not only takes the stress out of your hands to deal with the admin work but also ensures that you are complying with the legal aspects of letting the property. That, if ignored, could incur massive fines and turn your investment property into an expensive mistake. 

We have listed out some of the main benefits below:

Getting the right tenants

The success of an investment property depends on finding the right tenants, people who will treat your property with respect, pay rent on time and hopefully live in your property for a longer duration. Finding and checking the backgrounds of tenants is a lot of hassle. Property managers use targeted advertising and then the tenants are carefully vetted to ensure they are the right people for your property. 

Handling all the legal formalities

Protecting yourself legally requires having the right official documents in place. You are also expected to remain within the law in terms of health and safety and will need to undertake specific checks on your tenants, under the Right to Rent Act. Handling all legal formalities is included in a fully managed letting service, which means that you don’t have to worry about unintentionally breaking the law and being subject to penalties. 

Reduce vacant units

Every landlord has concerns about their property standing vacant for an extended period. Working with a good letting agent will help you find the good tenants and also ensure they stay for as long as possible. If they choose to leave, your agent will then work towards filling the vacant unit by advertising the forthcoming vacancy in the relevant online portals and on other platforms. This means reduced void periods and a more reliable cash flow. 

Peace of Mind

The managing a rental property can be tricky, especially if you don’t live nearby. Even if you plan to make periodic inspections of the house, or check in to ensure your tenants are happy, it is difficult to keep up if you are not living close. Property letting agents take this stress out of the equation as they will regularly inspect your property, look into the maintenance needs, check if tenants are happy, collect the rent and resolve tenant issues.  

These are the benefits of getting your property fully managed by professionals. 

 

Get in touch with us

First Name*
Last Name*
Your Email Address*
Mobile Phone*
Are you looking to*
Please enter message here*
Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)*

Register for Property Alerts

Ever missed out on the perfect property just because you heard about it too late, or the Estate Agent never told you about it as it was slightly outside of your criteria? Never miss out again by using our “Heads Up Property Alerts”.

Latest Properties

Charming 3 Bedroom House with Spacious Interiors and Off Street Parking in Wembley

Guide Price

£650,000

3 Beds1 Bath2 Receptions
The Dene Wembley Middlesex HA9 7QT

3 Bedroom Semi Detached House

Off Street Parking for 2 Cars

Large Through Lounge

Spacious 2 Bedroom Flat with Off Street Parking in Wembley - Perfect for Families or Investors

Guide Price

£380,000

2 Beds1 Bath1 Reception
Scarle Road, Wembley, Greater London, HA0 4SR

Off street parking - highly sort after this close to Ealing Road

Electrics checked in 2021 - valid until 2026

Good condition throughout - full refurb in 2016

2 bedroom apartment boasting a private roof terrace with stunning panoramic views on Popes

Guide Price

£590,000

2 Beds2 Baths1 Reception
Abelard Place Popes Lane South Ealing London W5 4BZ

Striking and Contemporary 2 Bedroom Apartment on Popes Lane in South Ealing

Built in 2015 in a striking small luxury mixed development of 3 houses and 2 apartments

Private roof terrace with motorised roof access providing 360 degree views of West London

Meet Abigail

  Hello, my name is Abigail, and I am the Grey in Grey & Co. I started working here in 2002 as a Junior Negotiator and have worked my way up the ranks since then. I took over running the company in 2014 and have been enjoying the roller coaster that is leadership ever since.   During my 20 plus years at Grey & Co I have dealt with the sale of over £100,000,000 worth of property and overseen the management of assets worth £250,000,000 for clients around the world.   I also had the pleasure of working with my father, the founder of Grey & Co, for 15 years before he sadly passed away and from him, I learnt the work hard ethic and our values today are still the ones that he founded the company on all those years ago.   Be Remarkable, Be Passionate, Be Humble and Be Better.   As a community centric boutique family agency, you couldn’t find a better partner to take with you on your property journey.

Meet All The Team

The Psychology of Successful Tenancies

How can you encourage tenants to settle long-term in your rental? A report compiled by consumer psychologists claims to have the answers.

January 2025 Property Market Update

Let's look at what's happening in the property market at the end of January 2025. And ask, is now a good time to buy or sell?

Cryptocurrency: Can You Use It When Buying or Selling?

Cryptocurrencies are said to be the currencies of the future. Here we’ll ask can you (and should you) buy or sell property using crypto?