So what exactly is self-management? I mean I know you want to buy a property and rent it out yourself, but are you really ready to self manage your own property without the help of a property manager.
Self-management, in the context of property, simply means you as the landlord, managing your own property, from finding tenants to organising your inventory, to sorting out the deposit, ensuring you have a tenancy agreement drafted that deals with repairs that come up during the course of the tenancy. In a nutshell, everything alls to you as the landlord to research, organise and implement and in most cases, this is a lot of work to do.
However a lot of people, (like ourselves) have noticed that as much as some landlords sometimes can and may want to do it all by themselves, it does help to have a little helping hand from those who have been in the property business for longer.
Of all the pros of self-managing your own property, here are the two main ones that landlords tend to find attractive about managing your property yourself, such as:
While there are some advantages to self-management, there also are a number of disadvantages, two of which are:
Before you jump ahead and think the alternative is having your property managed by a managing agent think again. As well as being a property management business, we are one of the very few who offer landlords who want to self manage their own property, an alternative that allows them to do that but with the support of our experience within the property market.
You can CLICK HERE to find out more about this service, but in brief, the alternative we offer our clients is access to our unique platform.
Our property management platform is a quick, simple, jargon free and easy to use platform that takes away all the hassle, stress and core administrative tasks of managing a property, all without the need to hire a dedicated estate agent.
You don’t need to download software or learn how to use complex tools it is all done online through our website.
So managing your property doesn’t have to be stressful or time-consuming.
When it comes to managing rental properties, landlords occasionally find themselves in situations where tenants are in breach of their tenancy agreements. In such cases, a Section 8 notice can be a valuable tool to regain possession of the property.
The Renters’ Reform Bill is a hot topic in the UK, aiming to bring a wave of change to the rental market. We’ve rounded up all you need to know about this exciting development and will keep you updated as the details unfold.
Evictions can be a challenging and distressing process for landlords in the UK, particularly when the tenant is uncooperative or has failed to pay rent. If all other methods to resolve the situation have been exhausted, landlords may need to consider the last resort – applying for a bailiff eviction.
We create this content for general information purposes and it should not be taken as advice. Always take professional advice. Please read our full disclaimer.
Boroughs covered: Barking and Dagenham | Barnet | Bexley | Brent | Bromley | Camden | City of London | Croydon | Ealing | Enfield | Greenwich | Hackney | Hammersmith and Fulham | Haringey | Harrow | Havering | Hillingdon | Hounslow | Islington | Kensington and Chelsea | Kingston upon Thames | Lambeth | Lewisham | Merton | Newham | Redbridge | Richmond upon Thames | Southwark | Sutton | Tower Hamlets | Waltham Forest | Wandsworth | Westminster
Copyrigt 2022 © All rights reserved. Property and Homes Management Ltd
