A property manager in the UK typically offers a range of services to landlords and tenants, including:
- Rent collection: A property manager will collect rent from tenants on behalf of the landlord and deposit it into the landlord's account.
- Maintenance and repairs: A property manager will handle maintenance and repair requests from tenants, as well as scheduling and coordinating work to be done.
- Tenant screening: A property manager will help landlords find and screen potential tenants, including conducting background and credit checks.
- Legal compliance: A property manager will ensure that the landlord and tenants comply with all relevant laws and regulations, including health and safety and anti-discrimination laws.
- Financial management: A property manager will provide financial management services, such as budgeting, bookkeeping, and preparing financial reports.
- Marketing and advertising: A property manager will market and advertise the property to potential tenants and negotiate lease agreements.
It's also worth noting that some property managers also offer additional services such as,
- Property inspection: A property manager will conduct regular inspections to ensure the property is being well-maintained, and address any issues that arise.
- Rent reviews: A property manager will review the rent periodically to ensure it is in line with the current market rate.
- Insurance: A property manager may help landlords to obtain insurance for the property.
Overall, the services offered by a property manager can vary depending on the specific needs of the landlord and the type of property being managed. They can help landlords to manage the day-to-day aspects of renting out a property, allowing landlords to focus on other aspects of their business or personal life.
