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Market Update November: Lockdown 2.0

Market Update November: Lockdown 2.0

Grow by outsourcing to rental property management companies – it’s the future of lettings.

Lockdown 2.0

With the new lockdown from Nov 5th to Dec 2nd (at the earliest) it is even more important to make sure your managing agent is on the ball. Communication between agent and tenant must be ongoing with any potential issues nipped in the bud.

Eviction Ban.

Despite the eviction ban being over bailiffs were being asked by the Government not to evict anyone in Tier 2 or 3. With the new lockdown this will now include the whole of England. This will set evictions back by at least another 3 to 4 months. If you have an abusive, anti-social or non-paying tenant then I’m afraid your pain will continue well beyond Christmas and probably into Spring next year.

I have represented many Landlords with problem tenants (not COVID related) and I am pleased to confirm I now do not have a single Landlord in a situation where they are having to deal with problem tenants and not one had to go through the courts.

I am happy to advise any Landlords (you do not have to be a client of PPM) and help them find a solution.

During Lockdown

I have already communicated with all the Landlord and Tenants I currently look after to make sure they know how to use our fantastic Propertyfile App and how they can reach me 24 hours a day. I have also assured the tenants that if they find themselves in difficulty that it is much better to contact me now and, along with the Landlord, put a plan in place that can help them through these difficult times for us all.

Unbelievable Value

So how much does a bespoke, one stop, management service cost you? I would wager that it is less than you are currently paying?

5% plus VAT is all my management service costs! (There is an initial 5% plus VAT paid in year 1 to the agent I choose to find a tenant for you) 5% plus VAT having one person to deal with for all your properties! 5% plus VAT for having 24 hour access to all your accounts and statements! 5% plus VAT for a fully qualified ARLA member https://www.arla.co.uk giving you peace of mind that you are fully protected.

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