Property Management is what we do to look after our Landlord's property on his behalf, in accordance with the agreed and contractually binding Terms of Business between our Landlord and Callaways Letting Agents. We are based in Central Hove and we manage freehold properties to leasehold apartments in Brighton & Hove.
Property Management includes ROUTINE MANAGEMENT ie general maintenance and repairs ie dripping taps, replacing the Landlord's broken white goods, and ensuring that the tenant fulfils his obligations and liabilities under the terms of the tenancy agreement. Property Management may also include NON ROUTINE MANAGEMENT ie refurbishment, re-roofing, insurance claims etc for which additional fees may be levied as arranging such quotes and managing contractors can be very time-consuming.
Our Property Management services cover Brighton & Hove through to Worthing & Arundel.
We're often asked this question, and our Property Managers are very busy people - often out on appointments making property visits, or regularly on the phone arranging for contractors to call on properties or arranging quotations.
Our Property Managers have specific responsibilities which are outlined here:
Our Property Managers work closely with our Lettings Managers to ensure our Landlord's property will let quickly. Property Managers get under the skin of a property, and can make helpful suggestions to the Landlord - to preserve the fabric of the property, and to retain Tenants.
Our Property Managers are responsible for the physical management of the property, including regular maintenance and emergency repairs, annual Gas Safety and compliance checks.
Our Property Managers are qualified ARLA Propertymark Members (MARLA) and attend regular workshops and seminars to update their skills on legislation.
Property Management includes responsibility for managing our Landlords' budgets for repairs and maintenance and for keeping records.
Fees vary dependent on location, and the amount of repairs and maintenance required on a property. Generally fees are 8-12% of the monthly rent, which often equates to less than £3 per day.
For details of our Tenant Find plus Fully Managed service, contact us on email@example.com or call 01273-735237.
Your circumstances will depend on whether you need, or would like a property manager to look after your rental properties. Consider the following, which is not an exhaustive list:
a) Do I have the time to manage my own property?
b) Do I live in the same area and have easy and quick access in case of an emergency
c) Am I organised enough to remember to book the Annual Gas Safety checks?
d) Do I feel competent to carry out myself, or instruct a professional company to carry out the Inventory, Check In, Check Out, remember to take meter readings?
e) Do I go away on business or holiday for many weeks of the year? If so, who will look after my property and tenant whilst I'm away?
f) Do I feel confident in handling potential disputes with my Tenant - over repairs, the deposit, complaints about noise, non payment of rent?
g) Am I able to deal with evening and emergency calls from my Tenant?
An essential part of the Property Manager's responsibilities is carrying out regular visits to the Landlord's property.
Tenants have liability for damage to property which includes failing to report a problem in a timely manner. Damage may occur in working hours and outside working hours - Callaways Lettings Team provide telephone numbers for Tenants to call and report such incidences.
Landlords may be under the false impression what when keys are handed to their agent, then the agent is fully responsible for the property. Unless a separately drafted agreement has been drawn up when the property is empty, management only comes into play once a tenancy is live. Landlords, ask about our empty property services.
Callaways Property Managers carry out visits for Landlords on our Full Management Service only. Landlords will otherwise carry out their own property visits.
A strict schedule is followed to ensure we identify potential areas of disrepair and damage - sometimes bringing areas of concern to our Proeprty Manager's attention which the Tenant has not identified. Our inspections cover:
We encourage Tenants to report maintnenance issues as soon as possible. Much of property management is about using common sense coupled with knowledge of contractual and statutory obligations of all parties.
Before calling out a contractor to take care of property maintenance issues Callaways Property Managers check the following:
*To comply with Contractual and Statutory Repairing Obligations under the Landlord and Tenant Act 1985 (ss 11, 13) a Landlord's responsibilities include:
Property Maintenance can prove expensive. Before you even start, consider the following:
a) Obtaining Consents
b) The Building/Property (Freehold & Leasehold)
c) Income streams x 2
"Hi Oliver Thanks again for your tremendous work in getting us two offers at the asking price. Just brilliant! ... ... we're happy with the asking price and to go with the one that has their finances ready to go without a chain. Again, we're delighted with the way you have handled the sale. First-class. Mr T & Ms S Vendors, Brighton & Hove 15/01/17 "