Property Management

Plumbing Tips You Have To Know

Sooner or later, you will end up having to deal with some sort of plumbing problem. Knowing what to do and how to fix some can help you save hundreds of dollars. Plumbing disasters can always happen. Unfortunately, most homeowners do not know anything about plumbing work. Obviously, you can

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Resident Groups and Industry Call for Government Action on Cladding

New industry research suggests half a million people could be living in unsafe buildings With government support limited to one specific type of cladding, these residents could be left with excessive bills to make their homes safe Resident groups form an unprecedented coalition with managing agents and building owners to

Read More »
Property Market is Moving On Up

Property Market is Moving On Up

The property website www.localsurveyorsdirect.co.uk reports that it has seen a 30 per cent increase in activity in the UK housing market when comparing the months of January and February 2020 with January and February 2019. JJ Heath-Caldwell, managing director of the business, says: “It is quite incredible to see 2020 starting off with

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Propertymark reaches out to Government for guidance on Coronavirus

On the back of ongoing concerns in the sector regarding the Coronavirus, David Cox, ARLA Propertymark Chief Executive raises the concerns of Propertymark to the UK Government in hopes for guidelines. David Cox raised the question of whether the Government will issue guidance for the sector on how to deal

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FirstPort adds a substantial number of homes to its portfolio

FirstPort, the residential property management company, will manage the new homes being built at Wichelstowe, one of the most significant new home developments in Swindon’s recent history. The latest phase of Wichelstowe (see picture), named Canalside@Wichelstowe, will feature a mix of 208 apartments and houses from five-star builders David Wilson

Read More »
The Pros Of Selling Your Home

The Pros Of Selling Your Home

Being able to afford a home is a symbol of success and since not everyone has the resources to make the purchase, finally having one on your own is an achievement worth celebrating. Your home is one of the greatest rewards you can give to yourself and your family. When

Read More »

What Is Involved in Being a Property Manager?

If you’re considering offering rent to own real estate to prospective tenants, or simply renting a house to tenants the traditional way, it’s important to be aware of what’s involved in being a property manager. As it can take up a lot of time, many homeowners choose to hire a

Read More »

6 Simple Ways to Keep Your Living Room Clean and Organized

Keeping your living room clean and organized is not just about the aesthetics. After all, it’s a room where you entertain most of your guests, where your family can bond, and where you’re most likely to spend a larger part of your day. With all that in mind, you want

Read More »

Property Firms Decide to Join Forces

Two well-known North East property companies are joining forces in a deal that will create one of the region’s largest independent operations of its kind. The two property companies are Naylors and Gavin Black & Partners, which have decided to come together to form Naylors Gavin Black LLP. The new

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Latest Issue
Issue 324 : Jan 2025

Property Management

Plumbing Tips You Have To Know

Sooner or later, you will end up having to deal with some sort of plumbing problem. Knowing what to do and how to fix some can help you save hundreds of dollars. Plumbing disasters can always happen. Unfortunately, most homeowners do not know anything about plumbing work. Obviously, you can always contact a plumber East Melbourne specialist, but you can save a lot of money when you get some work done alone. While many plumbing tips can be offered, some that should be considered as being essential have to be put at the top of the list. This includes the following. Always Check Your Water Main The water main stands out as the very first access point water has when it reaches the home. Usually, this is inside the basement, close to a water heater. You need to identify the access point because there is a shutoff valve there. It is going to completely stop water flowing into the home. Whenever a large plumbing project is started or there is a burst pipe, you want to shut off the main water line. This is always the very first step to take. Dealing With Clogged Drains It is inevitable to eventually have to deal with a clogged drain. As you take a shower, your hair falls out. This builds up as time passes. The first instinct when a clog appears is to use some sort of liquid drain cleaner. Unfortunately, this is usually a very big mistake. At first glance, this seems to be a very easy fix to a problem that is quite annoying. However, the liquid in such products will harm the infrastructure. When the tub or the sink keeps backing up, use a snake to remove blocked debris. This should be the very first thing you do. Monitor Water Pressure The plumbing system cannot be healthy when water pressure is low. Always monitor pressure. Do it as often as you can. It is very easy to buy and use a home pressure gauge. This is available at any home improvement or hardware store. When a more modern, accurate solution is desired, use a smart water monitoring system. This notifies you when there is a leak and water usage is tracked. Use A Pressure Reducing Valve Besides low water pressure, another common problem is having to deal with high water pressure. Whenever this is identified, pressure needs to be taken down. This is possible by installing pressure-reducing valves (commonly known as PRV). When your home is attached to a municipal supply, the pressure reducing valve is particularly important. Municipal water companies always pump water at very high pressure so that high-elevation homes, high-rise buildings, and fire hydrants can be serviced. Usually, the pressure is higher than 100 psi. Home fixtures are designed to deal with the pressure of around 50 psi. Properly Take Care Of The Toilet You should never flush anything besides waste and toilet paper. Things like baby wipes, cotton swabs, and paper towels can easily be caught inside the pipes. Clogs would eventually appear. If there is no plunger in your home, buy one since we all eventually get a clog. The toilet needs to work properly. When the toilet is running, it is a clear sign that some of the toilet tank components have to be replaced. Also, it is possible that the toilet leak is very small. You do not even realize you have one. The best thing you can do is to add some food coloring inside the tank. Wait for 30 minutes and then see if the water inside the bowl changed colors. If so, there is a leak present.

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Resident Groups and Industry Call for Government Action on Cladding

New industry research suggests half a million people could be living in unsafe buildings With government support limited to one specific type of cladding, these residents could be left with excessive bills to make their homes safe Resident groups form an unprecedented coalition with managing agents and building owners to call on the new Chancellor to establish a fund to make these homes safe Following new evidence that the scale of the cladding crisis may affect up to half a million people, cladding campaigners, residents, property managers and the UK’s largest freeholders have formed an unprecedented coalition to request a multibillion-pound fund to remediate unsafe buildings. In an open letter to the new Chancellor, the group has called on the Government to step in following failures in the building safety regime that have dated back decades. Without support, leaseholders may be left having to pay the price, which is likely to run into the billions. The Association of Residential Managing Agents (ARMA), which represents the largest property managers in the country, has conducted an analysis of apartment buildings in the UK and found that over half a million people may be living in unsafe buildings that passed building control when they were built. Materials now deemed to be unsafe include High Pressure Laminate (HPL) – which has been found to be at least as flammable as the ACM cladding that was used on Grenfell Tower – but the Government’s existing fund is limited to ACM cladding. The freeholder signatories are coordinating remediation work on buildings with ACM cladding in every major city in the UK, but the process has revealed numerous additional safety issues and there are concerns that the cost of fixing these problems will fall on to residents unless the Government steps in. Given the scale of the task, the group is calling for a multibillion-pound, government-backed fund to be established so that these buildings can be made safe as soon as possible. Nigel Glen, Chief Executive Officer, The Association of Residential Managing Agents (ARMA) said: “The Grenfell tragedy highlighted the dangers of ACM cladding, but it has also revealed a much wider building safety crisis which could affect over half a million people. These buildings are being fixed by building owners and managing agents as quickly as possible but, without Government support, the process could take decades and leave leaseholders with life-changing bills on top of the anxiety that has already been caused.” Martin Boyd, Leasehold Knowledge Partnership said: “Nearly 1,000 days after the Grenfell tragedy there is a huge amount of worry among leaseholders that the problems are getting worse, not better. The government must help find solutions rather than just telling everyone these are complex problems.”

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Property Market is Moving On Up

Property Market is Moving On Up

The property website www.localsurveyorsdirect.co.uk reports that it has seen a 30 per cent increase in activity in the UK housing market when comparing the months of January and February 2020 with January and February 2019. JJ Heath-Caldwell, managing director of the business, says: “It is quite incredible to see 2020 starting off with such a high level of activity. During 2019, the market was fairly static, as people held off making decisions until the Brexit situation was resolved and the result of the UK election was announced.” The company, which offers a property services price comparison engine, helps people source local property professionals, connecting home owners and home buyers with surveyors, architects, estate agents, conveyancers, domestic energy assessors, drainage contractors and other property-related professionals. These services are provided over the whole of the United Kingdom by a comprehensive network of suppliers which has been steadily built up since the website first started operating in 2005. JJ says: “Across our sites, we have seen a strong increase in activity, which would coincide with national statistics that property marketing is moving in the upward direction.” Nationwide announced in February 2020 that the average price of a home has increased 2.3% year on year to £216,092, which is the strongest growth rate in 18 months. JJ adds: “It’s great to see the property market gaining momentum after a such a lull. There are some uncertainties in the future with the COVID-19 virus hitting the UK, and we will be monitoring the situation closely.”

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Propertymark reaches out to Government for guidance on Coronavirus

On the back of ongoing concerns in the sector regarding the Coronavirus, David Cox, ARLA Propertymark Chief Executive raises the concerns of Propertymark to the UK Government in hopes for guidelines. David Cox raised the question of whether the Government will issue guidance for the sector on how to deal with the Coronavirus situation or whether it will at least step in should local authorities start prosecuting landlords when landlords are powerless to act. David used the following example to explain his point: “If a tenant were to have the virus or be in a period of self-isolation, what happens if something goes wrong in the property (for example the boiler stops working). The landlord/ agent /contractor will not go in to avoid contracting the disease and spreading the pandemic. “However, that means there is a tenant with no hot water or heating for two weeks (or longer if the Government extends the period of self-isolation). This puts the landlord / agent in breach of Section 11 Landlord and Tenant Act 1985 (duty to maintain property etc.), any selective/ additional /mandatory licensing conditions, Homes Act 2019, Housing Health and Safety Rating System (HHSRS) under Housing Act 2004 and open them up to unlimited liability and/ or a Banning Order.” David also raised Propertymark’s concerns regarding the consequential impact the virus will have on agents and landlords when getting themselves ready for the electrical regulations which comes into force in July. He flagged that Government may want to consider relaxing the deadlines to give both the industry and supply chain longer to become compliant. Propertymark hopes to receive a response on the issues raised soon and will keep the sector informed on any further progress.

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FirstPort adds a substantial number of homes to its portfolio

FirstPort, the residential property management company, will manage the new homes being built at Wichelstowe, one of the most significant new home developments in Swindon’s recent history. The latest phase of Wichelstowe (see picture), named Canalside@Wichelstowe, will feature a mix of 208 apartments and houses from five-star builders David Wilson Homes and Barratt. It is anticipated the first residents will be able to move into their new homes in the summer. Wichelstowe is being delivered by a joint venture company which is a 50:50 partnership between Swindon Borough Council and Barratt Developments plc. Over the next 20 years, the Wichelstowe Joint Venture will deliver around 3,000 new homes on a 250-hectare area of land. Wichelstowe, which will have an extensive area of open space featuring playing pitches, allotments and nature conservation, will include three primary schools and a secondary school. Daniel Pavely, Project Director for Wichelstowe, said: “It is important to us that our chosen management company has a strong customer focus and drive to help us to promote and develop a thriving community at Wichelstowe. We have found FirstPort to be professional and knowledgeable – they have taken the time to understand our requirements and are playing an active role in delivering the management services. We are looking forward to working with the FirstPort team.” FirstPort has also been appointed by St George City to manage 320 apartments, commercial units and landscaped courtyard gardens at Royal Exchange, Kingston. This luxury development that epitomises modem living. The site, planned for 2021, is a former Grade II listed telephone exchange which, alongside a Post Office building, will be refurbished for residential use. Ann-Charlotte Binnberg, Head of Business Development, FirstPort said: “It’s great that we can add value right at the start of new build projects, before they are even occupied. Clients are seeking out our strategic and design support early on things like service delivery, service-charge modelling and community initiatives to make sure their developments are good value for customers and great places to live.”

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The Pros Of Selling Your Home

The Pros Of Selling Your Home

Being able to afford a home is a symbol of success and since not everyone has the resources to make the purchase, finally having one on your own is an achievement worth celebrating. Your home is one of the greatest rewards you can give to yourself and your family. When you have your own home, you can guarantee your family’s comfort and safety. Although an important investment, there will come a time when selling your home is a better option than continually keeping it. Regardless of the financial investment you’ve put into buying your home, choosing to sell it can actually provide more benefits. To drive the point home, listed below are the advantages you can enjoy once you decide to sell your home: 1. Professional Services Having a strong background on what homebuyers want and how the competitors are hauling in buyers are essential to selling your home fast. However, you don’t have to exert too much time and effort in learning all of these things as there are professional services that can help you sell your home, such as: We-buy-houses companies: Companies such as Nexus Homebuyers buy your home for cash as-is. When you choose to work with a we-buy-houses company such as www.cashfortxhousesnow.com, you won’t have to pay for any renovations or repairs before you can earn a profit for your home. Real estate agents: These professionals will take over all of the responsibilities when selling your home. They will accurately price your home, organize a successful open house, make your home attractive in the local real estate industry, and negotiate with potential homebuyers. Home inspectors: Home inspectors will assess the overall condition of your home and identify its value. Hiring home inspectors will make it easy for you to properly price your home. When you choose to sell your home, you can maximize the professional services offered by these businesses and individuals. Their presence in the local real estate industry will allow you to sell your home in the easiest way possible while earning a profit. 2. Earn Money The home selling process is demanding, but homeowners like you are willing to go through this process because of one reason—to get cash. Selling your home is usually an option when you’re in a situation that requires immediate cash. Although your home is an important investment, emergencies can happen in life that can require you to shift your focus and change your priorities. For example, if you or your family members are involved in a vehicular accident and money is required to pay for the hospitalization bills and therapies, selling your home can be your first course of action. This is especially true if you don’t have any savings or if your savings aren’t enough to pay for all such costs. Aside from accidents, selling your home is the easiest option to get cash if you are experiencing debt or bankruptcy, divorce, or death of a family member.  3. Meet Family Demands Life is unpredictable as a lot of things can change over the years. You might be living alone in your home today, but after a few years, you’ll be moving to another home with your spouse or decide to stay in your current home to support a growing family. Selling your home allows you to meet the ever-changing demands of your family. For example, the home you currently live in might be enough for you and for your spouse, but your needs can change as your family starts to grow. When you sell your home, you can dispose of a property that is no longer sufficient for your family’s needs and lifestyles, and earn enough money to buy a new home perfect for your new family. By selling your home, you can choose to upgrade or downgrade to provide better comfort and safety for the entire family. Living in a home that’s just right for your family can also help you save money from paying for expensive household bills and unnecessary home renovations. 4. Seize Opportunities The financial investment you’ve put into buying a home is one of the reasons why you’re hesitant to seize opportunities. Because the home you purchased is too expensive, you have no choice but to stay in your current location in order to maximize your investment.  Things will be different once you choose to sell your home. Since you can still earn money from your investment, leaving your home and flying to another country to seize more opportunities won’t seem like a very tough decision. Although you’re no longer living in your home, you still earn money, so your investment won’t feel like a complete waste of money. Carefully Consider Options If you’re convinced that selling your home is indeed beneficial, start deciding how you’re going to sell it. You can choose to work with businesses or professionals who can make the home selling process easier or shorter for you or opt to sell your home on your own. Have the time to carefully compare all of your options and weigh their pros and cons. You should be able to sell your home in the most convenient way possible while allowing you to earn the highest return on investment.

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What Is Involved in Being a Property Manager?

If you’re considering offering rent to own real estate to prospective tenants, or simply renting a house to tenants the traditional way, it’s important to be aware of what’s involved in being a property manager. As it can take up a lot of time, many homeowners choose to hire a property manager to handle the job for them, which may be charged at a flat fee or a percentage of the rent, typically between 4% and 12% of the gross monthly rent. A property manager does it all when it comes to managing a property, just some of the many responsibilities he or she takes care of includes the following. Assessing the Property and Recommending Rent Rates The property manager will ask the homeowner questions in order to recommend the rent price and search for the right tenant. They’ll determine whether the home needs any repairs or upgrades, if pets will be accepted or if there are any other criteria that the right tenant needs to meet. Marketing the Home Once the home is ready for tenants to move in, the property manager will take high-quality pictures and then start marketing it to find the best possible fit in the shortest amount of time. They’ll do a lot more than simply post the rental on Craigslist – they’ll generate leads through a variety of methods, including social media and other advertising, in a way that makes the home sound the most appealing. Tenant Screening One of the most difficult aspects of finding reliable tenants is tenant screening. The manager will handle all calls, emails, and applications, perform a range of background checks like rental history, employment, credit, and criminal lists while also making sure everything is conducted in compliance with fair housing and discrimination laws to protect the owner from any housing discrimination claims. They’ll also have to give prospective tenants a walkthrough of the property. Collecting Security Deposits and Rent Once the property manager finds the right applicant, they’ll recommend the prospective tenant to the homeowner for approval. Once approved they’ll collect the security deposit and hold it in an escrow account so that the funds won’t be co-mingled. They’ll also collect the rent, including both the first and last month’s rent if applicable. When the tenant moves in, the property manager will continue to collect the rent, handle any late payments and other potential financial problems, such as communicating with the tenant if the rent is overdue. Some property managers can help homeowners get their rent payments faster by allowing tenants to pay online and then transferring those funds into their bank accounts. Maintenance and Repairs The property manager is usually responsible for maintenance and repairs. The homeowner may provide money that can be used for emergencies like a broken refrigerator which is held in a maintenance reserve fund. In some cases they may take care of things like lawn mowing and leaf removal is the tenant isn’t designated to take care of those issues. Evictions and Move-Outs If the tenant fails to pay rent or breaks other rules, regulations or laws, the property manager will handle the eviction process, as well as ensure the policy is clearly stated in the rental agreement. When tenants move out, they’ll handle the walkthrough and determine which if any repairs are needed that go beyond normal wear and tear. They’ll be responsible for ensuring the repairs are fixed and everything is clean for the next tenant.

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6 Simple Ways to Keep Your Living Room Clean and Organized

Keeping your living room clean and organized is not just about the aesthetics. After all, it’s a room where you entertain most of your guests, where your family can bond, and where you’re most likely to spend a larger part of your day. With all that in mind, you want everybody to feel comfortable in it, and for that to happen, it has to be clean, functional, and easy on the eyes. So, to help you keep your living room organized and tidy, here are a few tips you should follow. Keep things off the flat surfaces Papers, magazines, remotes, pens, and other smaller items can easily make your flat surfaces messy. So, make sure everything in your home has its designated spot when not in use – and make it a habit to return everything to its spot when you’re done using it. So, for your papers and magazines, you should have files or magazine holders, and for your pens, you should add some pen holders or even mugs. You can easily find storage solutions that can serve as decoration as well, and it’s also something you can be creative with if you like DIY projects. Think about multifunctional items Speaking of having a designated spot for all your items, to have that, you need to actually have enough free spots. So, when choosing your furniture, opt for pieces that double as storage. For example, your coffee table should have some storage underneath for things like remotes, coasters, and other things you need around the table. You can also find armchairs and sofas with hidden storage underneath in case your living room is a bit smaller and you could use that extra space. Use the vertical space Another way to make use of all the available space is to install some vertical storage. This way, you would not be wasting any space, and you wouldn’t have to overcrowd the horizontal space with storage solutions either. Whether you use the top shelves for decorations, books, or plants, it’s bound to come in handy. Make it brighter and fresher Darker spaces naturally look less clean, so in order for your home to look cleaner, make sure it is well lit. Open your windows to let in as much natural light as you can, and layer your light sources so no corner is left in the dark. Additionally, if you happen to be a smoker, or if your guests often smoke in your living room, consider getting one of the quality air purifiers for smoke. By getting one, you’d remove any smoke particles from the air, and the room would actually feel much cleaner too. Plus, this kind of purifier can be especially useful in winter when it’s simply too cold to open the windows, so it really is a must. Add a wastebasket The living room is not where people usually have a trashcan. However, if you happen to have kids who like to snack in front of the TV, if there are paper scraps around for one reason or another, or if you have pets in the living room that can sometimes make a mess, consider adding a wastebasket. Moreover, you can find wastebaskets in different styles, so you can always pick one that looks modern and would not break the aesthetic flow of your living room. Tidy up in the morning Organization is a lot about your living room layout, but it’s also about your personal habits. If you are not used to cleaning your living room, no matter how much storage you have, the clutter will inevitably accumulate. So, make it a habit to spend 10-15 min every morning just cleaning up a bit, putting things where they should be, and maybe putting away those glasses that you forgot on the table last night. It’s a great way to avoid creating a mess, and it can be a great mood booster as well. Your living room is where you, your family, and your friends will probably spend most of your time together, so you really want it to leave a good impression. After all, your home is a representation of you, so you should keep it clean and organized. To do that, follow the listed suggestions, and you should never again have any trouble with clutter or dust.

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Mainstay Group appoints new Managing Director for Residential Property Management

WORCESTER-based Mainstay Group has appointed a new Managing Director, following a period of planned and sustained growth. The full-service property management company has brought on Andy Billson to head up its residential property management arm of the business. Andy joins the Group from residential giant Barratt Homes, where as Managing Director, he was responsible for introducing an in-house property management service – Barratt Residential Asset Management – from 2012, until its successful sale in March 2019. At the time, it was the first developer outside of the retirement sector to launch such a service. Prior to that, he held various operational roles during his 21-year career with the Peverel Group, including setting up its specialised mixed-use brand consort. In his new role at Mainstay, Andy will report in to Group Managing Director Luke Sanders, and will work alongside his predecessor, Gary Crook, who has a new role as Managing Director for New Ventures. Luke Sanders, Group Managing Director at Mainstay, said: “Andy’s appointment comes at a fitting time for Mainstay Group, as our residential part of the business continues to flourish and develop. “To have secured someone as knowledgeable and high-profile as Andy is testament not only to our past track record, but to our bright, exciting future. “His passion for innovation in real estate and his 29 years of experience in the sector are exactly why we hired him, as we look to drive forward our corporate strategy and enhance our offering.” Andy added: “Mainstay is committed to best-in-class customer experience and remaining on the cutting edge of property management – values which very much align with my own. “With that in mind, I’m delighted to be joining the team and playing a key role in helping to shape the direction the business goes in throughout this next period of growth.” Established in 2000, Mainstay was founded by Glyn Miles, Graham Donaldson and Andrew Tilly. The business now manages in excess of 80,000 homes across the UK, and headcount stands at 726. This year alone, Mainstay is on track to turnover a record-breaking £25.9 million in line with their 2020 corporate strategy. www.mainstaygroup.co.uk

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Property Firms Decide to Join Forces

Two well-known North East property companies are joining forces in a deal that will create one of the region’s largest independent operations of its kind. The two property companies are Naylors and Gavin Black & Partners, which have decided to come together to form Naylors Gavin Black LLP. The new entity will commence trading with immediate effect and comprise a combined team of 38. Established in 1990, Naylors is appointed on the likes of the International Advanced Manufacturing Park (IAMP), VAUX, Integra 61 and The Biosphere. Gavin Black and Partners is retained by a number of property occupiers such as Vertu Motors, Leeds Building Society, Network Rail, Sumo Digital and British Engines. The new company is looking to build on the success of the pair’s high profile agency teams. Gavin Black, Chris Pearson and Martyn Collins of Gavin Black & Partners will be joining Angus White, Fergus Laird, Keith Stewart and Chris Donabie of Naylors as equity partners. “The new business is driven by the mutual desire of both firms to be a market leader by reputation, underpinned by our shared values and clear focus on client service,” said Gavin Black. “Both offer complementary service lines and expertise making this a logical and attractive partnership. Coming together allows us to combine areas of strength to provide a broader range of services and greater depth of knowledge to our clients,” Gavin added. Angus White, who will be taking on the role of managing partner, also added: “Our strategic priority is the creation of one regional market-leading organisation, offering the highest standards in client service across all sectors. Together, we will have an unrivalled presence in the North East business space market, taking a leading role in the region’s flagship schemes.” The integration of the two businesses will commence imminently, with Gavin Black & Partners relocating to Naylors’ head office in Newcastle.

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