5 Benefits to Hiring Elite Intl as your Property Management Company

If you own property in London that you rent out, you already know how much work it is to juggle all the responsibilities of being a landlord. Being able to allocate some of that is an obvious reason for hiring Elite as your property management company.

Here are five additional benefits to hiring Elite Intl to manage your rental properties:

1. Legal Requirements: It’s difficult to stay on top of all the ins and outs of rental regulations and tenant’s rights. Property management companies ensure tenant and landlord rights are not violated and that all laws regarding the rental property are followed. We at Elite Intl are members of Propertymark which means we are  UpToDate on compliance, Legal and are required to carry out continuing professional development to maintain our membership.

2. Free time: Elite is responsible for the day-to-day operations of your rental homes. If the boiler goes out in the middle of the night, we get the call, not you. We schedule routine maintenance and handle any repairs that are needed. We can also perform monthly inspections of your property to identify any problems or tenants that are damaging or subletting the property.

3. Screening of tenants: Interviewing potential tenants is time-consuming along with, running credit checks, checking references, and ensuing AML compliance and right to rent checks, using Elite allows you to spend time on other things that you need or want to do. We will advertise your rentals and screen all potential tenants. Our job is to get you the best possible tenants for your rental home, and we know how to do it.

4. Collect rent: Elite collects and deposits rent on all your rental properties as well as registering your deposit with a government-approved scheme. This cuts down on the accounting you must do on a monthly basis. Our professional landlords have each unit tracked separately, so they know which rentals are making the best return and which ones they might want to sell.

5. Remove unwanted tenants: Elite is responsible for evicting tenants for non-payment of rent or improper care of your property. We handle filing the paperwork and going to the court hearing, as well as the follow-up process. This is probably one of the most unpleasant landlord duties and one of the most difficult to implement without violating the tenant’s rights from lack of knowledge.

Want to buy income property? We can help contact us to discuss your requirements further.