I live overseas and want my rental property to be let out and managed so I don’t have to be involved or anxious about the tenancy. Is this possible?
Yes its absolutely possible. Most estate agents offer a full management service for Landlords who don’t want to receive phone calls at 4am with a leaky water pipe or who aren’t able to manage the property from afar. At ludlowthompson we charge 15% (plus VAT) of the rent over the term of the tenancy for our fully managed service. We will find you the right tenants paying the maximum price for your property, we will ensure all your legal obligations are met and your investment is being looked after. You would be given a ‘My LT Account’ which gives you access day or night to everything associated with your property, including marketing activity, viewing feedback, email and text alerts when rent statements and important documents are uploaded. We also have a 24/7 Landlord hotline and a 24/7 emergency repair hotline which allows your Tenant to report an urgent repair and for you to access our Property Management Centre any time of the day or night.
Your Lettings Manager is always accessible (we give you their mobile number) & will give you weekly updates by telephone prior to the tenancy start, at which point you will have a designated property manager throughout the tenancy. Interestingly tenants pay a premium for a managed property, as they prefer to deal with a professional agency than a landlord direct.
We aim to give you maximum performance, maximum communication and maximum trust.
3rd July 2015
DISCLAIMER: Neither ludlowthompson nor their ‘experts’ take any responsibility for any action or loss incurred by readers of these pages. The reader acts on advice at their own risk. Answers to questions are not exhaustive. Financial advice must always be sought from a professional financial adviser
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