Do I have to use a property management company?
No, the property is yours and you are within your rights to manage it yourself. However Jayson Russell recommends that you do seriously consider the use of our services. Property management can take up a considerable amount of your time, and in our experience, putting a professional between yourself and the tenant can be very worthwhile.

What does the property management service provide?
Jayson Russell will provide the following services:

Rent Collection: Invoicing and collecting the rent on your behalf, forwarding of the rent to your bank and preparation and submission of regular statements of income and expenditure.

Management: Dealing with all matters arising in connection with the property during the tenancy such as:

• Handling of related matters for overseas landlords.
• Supervising and obtaining competitive quotations for all major works.
• Overseeing minor and emergency repairs.
• Payment of utility bills during vacant periods.
• Compliance with statuary regulations (i.e. gas safety checks.)
• Providing competitive quotations for contents insurance.
• Administering all payments on behalf of landlords (i.e. service contract and ground rents) checking accuracy and dealing with any queries.
• Dealing with insurance claims.
• Engaging trusted and approved contractors.
• Appropriate handling of tenant queries.
• Handling of inventories and dilapidation at the end of a tenancy.
• Dealing with arrears or breaches of the Tenancy Agreement.
• Periodic inspection of property and reporting to the landlord.

In addition to the practical and administrative advantages of a managed property, Full Property Management ensures the smooth running of the tenancy and increases the likelihood of renewal at the end of the period. This helps to prevent vacant periods, which no landlord likes.

Managing agent services:
Jayson Russell as a managing agent enables freeholder management companies and residents’ associates to fulfil their complex management responsibilities by offering appropriate and effective service which includes:

• Guidance on block management procedure to comply with relevant company and property law.
• Preparation of specifications, appointments and supervision of contracts for regular cleaning and maintenance.
• Periodic redecoration and interim repairs.
• Administration and collection of service charges and ground rent.
• Book keeping services with assistance given in the preparation of annual audit accounts and estimation of annual expenditure
• Maintenance of building insurance cover and negotiation of any claim.
• Handling solicitor’s enquires upon sales of individual flats.
• Attending regular meetings with residents’ representatives and lending administrative support.
• Periodic inspection of the building.