The benefits of using Mint Homes to manage your property

Posted: 6th November 2023 Categories: General

There is a common misconception that managing a property independently will save a landlord money. In fact, it often turns out to be a false economy. We have listed below some examples of why a small monthly, tax-deductible cost to a landlord is worth it:

Looking after your property
At the start of the tenancy we will produce a photographic check-in inventory and during the tenancy we will carry out property inspections. This gives tenants the assurance that their home is well-maintained. Any issues can be identified and resolved quickly.

Single point of contact for contractors
Rather than having to deal with all the different contractors yourself, Mint Homes will be able to resolve any problems and issues arising on your behalf. We offer a 24-hour online reporting service, so tenants can report issues at any time of the day or night.

Timely rent collection
When using Mint Homes to manage your property you won’t need to worry about collecting the rent payments yourself. If they fail to make payment on time, Mint Homes will chase and manage arrears and implement your rent guarantee insurance if in place at the start of the tenancy.

Looking after your legal obligations
Legal problems with your property can cause all sorts of difficulties. For example, recent rulings mean that landlords must ensure that their tenants have the right to live in the UK. If you don’t perform these checks, you could be liable to a substantial fine. At Mint Homes, we will ensure you are complying with all the required legal obligations and keep you in the loop of any upcoming changes to law which may affect your property.

Maximising your return
There are several ways that Mint Homes can maximise your return including using our expertise and market knowledge to ensure your property is always marketed at the optimum rent. We have mechanisms in place to address late and slow payments by tenants rapidly and can handle rent reviews when required. Another advantage of using an agent comes when your property needs to be re-let. We can start marketing your property the instant that a tenant gives notice which usually means that void periods are reduced. We are also able to carry out viewings during the day when it may be difficult for private landlords to be available.

Peace of Mind
Being a landlord can be a stressful business – whether you are worrying about finding a tenant, recovering unpaid rent, or keeping on top of your legal obligations. Mint Homes can reduce that stress, leaving you confident that your interests are being looked after, your property is being maintained by local, independent trades, with the required level of insurance cover; and your tenants are happy.

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