Sales & Lettings

blog yellow circle pmgHere are various blog resources related to the sales & lettings of a property, and all related transactions. Whether you're involved in these directly yourself, or you're working with other sales/letting agents and interests, these help highlight important property managemnet factors to consider.


The Fee Basis For Asset Management Advice

asset management fees property management guideAsset management is very much linked with core property management, and is to do with the bigger-picture property asset and how it can be managed and worked in order to become a more valuable and desirable asset. This benefits from lots of day-to-day core property management tasks like rent collection, compliance and maintenance, and effective service charges in order to keep costs down, tenants happily in occupation, and rents and values up.

However, asset management then goes further to look at wider strategies to improve things, so for example if any new lettings and terms can be agreed, any existing leases and occupation tweaked, and even any future re-development or refurbishment angles considered. It’s about extracting that...

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The New Right to Rent Checks Under the Immigration Act

right to rent immigration act property management guideFrom 1st February 2016 there was a notable change for all private residential landlords in the UK and what ‘checks’ they need to make on new tenants, with 7 out of 10 landlords back in February apparently not realising this.

This Right To Rent scheme has been piloted by the government in the West Midlands since December 2014, but was introduced and now applicable for the whole country through the Immigration Act 2014. Get this wrong and you face a civil penalty with up to £3,000 fine, and proceedings underway through parliament to bring in further sanctions including imprisonment.

Put simply, landlords need to check that all adult occupiers are legitimately allowed to reside in their property as their main home with a ‘right to rent’ in...

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Three Trends Changing the Residential Property Lettings Market

residential lettings prs property management guideThe residential lettings market is both large and complicated, with a mixture of different interests and types making this up. It is also on the increase in the UK; therefore worth grasping what this actually means in the property management world and the knock-on effect on investors, landlords, and tenants.

So here are three particular aspects to be aware of:

1. The Private-Rented Element is Huge

It’s made up lots of players, and according to property consultant Savills, totals £1.2 trillion of UK stock, which is enormous when you consider commercial property forming £787 billion. 

With it becoming increasingly more difficult for people to be able to afford home purchases through saving for a deposit and meeting mortgage criteria...

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FREE Property Management Pack

Immediate download of our ‘Property Management Pack’ of goodies, the focus being our Property Cheat Sheet with 15 factors to shape any property deal, and the Introduction and Chapter of our Amazon best seller Property Management Guide book. 

pmg logo small croppedResources to help you easily manage property interests - to increase values, save costs, and see less frustrations