The Real Estate Encyclopedia
How landlord services help relieve the pressures of being a landlord
Category - Specialized Real Estate - Property Management

If you thought being a doctor or a lawyer was hard work, then perhaps you should spare a thought for landlords. The property masters of Great Britain are swelling in number - as are their property portfolios - resulting in a greater pressure on landlords to keep themselves organised.

Imagine having perhaps two dozen properties to manage on your books. At any one time as many as half of those properties might be facing their tenancy renewals. Perhaps several tenants are also in arrears with their rental payments. You might even have a problem with infestation in a property - god forbid - or vital gas works in another.

When all of these issues arise, it's landlords who ultimately end up becoming stressed and overburdened with countless legal and ethical pressures. All this coming at a time when buy-to-let property owners are shaping the housing market. Stress and pressure can't be good for a landlord's personal health, nor the wellbeing of their tenants.

This is why there is a growing demand for landlord services. By either using software, or an intermediary body, landlords can start to manage their portfolios with more astuteness. They'll be more empowered to organise and prioritise their workloads, ensuring that everyone from the tax man, to the fire service, council and ombudsman is well in check; without concern.

Landlords can automate countless duties that would normally need the organisation of the prime minister's PA, such as backdating tenancies, sending automatic reminders, generating new tenancy agreements, sorting Gas and EPC certificates out as well as creating Section 8 and Section 21 Notices.

These kinds of features will not only make a landlord more organised and efficient, but they provide cold, hard evidence should any problems arise. This is something which is particularly pertinent today, where both landlords and tenants have more rights and responsibilities - not to mention outside pressures - than ever.

Specialized Real Estate - Property Management
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