2. • When you have too many assets and properties, the feeling of having more than
one properties is good no doubt, but with that there’s this hassle of UK Facilities
Management. If you are a professional, an investor or a corporate owner you
already have your routine work on hand. Managing properties, letting of the
properties, the procedures associated with the same, residential and commercial
property maintenance, etc means more time and energy required.
3. • Now, there are many property management companies in UK, but choosing the
right property management company is very important because these issues are
very intricate and sensitive and if there is a flaw in the management then can be
quite a pain in the neck. Depending upon your requirement hire a property
management companies which provides full service more or less. These
companies provide facilities management services like Performance
management, procurement, sustainability, insurance, risk management which
includes security as well as health, etc. Their property and asset management
services include Retail asset management, corporate real estate
management, portfolio management, real estate administration services, financial
management for occupiers as well as investors.
• Checking track records of companies is of vital importance before you hire one.
Google out on the internet and shortlist a few Commercial Property Management
companies based on their expertise in the area. Do try to find out the previous
track record of the firm and try to get testimonial and feedback from earlier clients
of theirs. This will help you have a fair idea about the firm and the quality of
service they provide.
5. • A full service company is a better idea because there are various activities
associated with managing property. This includes services like searching for new
tenants by giving advertisements in newspapers, ensuring that the potential
tenants have a clean track record, all the legal documentation required for letting
the Property. Meeting up with the tenant and getting the documents
signed, checking up the inventory and making regular site visits to ensure that
everything is fine should also be managed. Most importantly the hired agency or
manager should be dealing with the problems related to eviction and harassment
also.
• Now for the bottom line, usually the UK Property Management companies charge
in percentage against the services they provide. The percentage is based on the
total rent you receive. So, when you are deciding upon a property management
firm more than going for service providers who have a less margin or charge
less, go for an agency that provides quality services and reliable ones.