Developers, hello!
Read more to understand how may be able to collaborate.
A larger perspective
Developers help build and progress entire societies, it’s not just about the buildings. We understand both the gravity and the intricacies of your work – from envisioning layouts to actual construction. What’s our role in this? To be your trusted partners, seamlessly filling those quality spaces with equally quality occupants!
We act as the bridge between your creations and reliable occupancy, ensuring each unit contributes positively to the community. With minimal friction and an internal pipeline that we have not only tried and tested on the field from early days, but continue to improve. We handle the complexities of tenancy, leaving you to focus on what you do best – producing exceptional properties.
What is the expertise we offer?
Over time, we’ve meticulously refined our tenant acquisition and management systems. We truly pride ourselves on staying ahead of the curve, adapting to technological advancements and our ever-evolving laws!
This experience has equipped us with an extensive toolkit to anticipate and prevent common tenancy issues. Our internal approach, which we have developed and refined ensures that each property we manage remains a hassle-free, rewarding investment for you – and therefore, us!
In our eyes, once we take on a unit, the manager virtually doesn't lift a finger!
When given a person of contact, we strive to maintain great communication with them, regardless.
Our partners and tenants are often pre-vetted, returning guests.
We're conscious of your reputation as well as our own from our guests' points of view.
Since challenges are inevitable, we promise competency and prompt responses!
We ensure full legal compliance in property management and data-handling.
and the best part is...
You don't pay an extra dime for any of it.
Our profits come from our partners and our own margins.
What's the catch?
- The head-lease must permit corporate lets, as this is a key aspect of our role, particularly in the context of larger buildings/flats.
How does it work?...
Below is a simplified storyboard or walkthrough of what our collaboration with developers looks like.
1. We initially meet
We introduce ourselves and have a casual friendly chat.
2. We assess the building
A rough estimation of availability, guest rotation frequencies, common use cases, and how these variables potentially change around the seasons of the year.
3. Paperwork!
If we’re mutually on the same page at this point, any paperwork pertaining to tenancies, commitments, credit checks and the like are done at this point.
4. We sign and receive the keys
Following appropriate checks, we pick the units we’re interested in for us, and collect the keys to start working on the interior aspect.
5. We do our thing!
Whether we secure a grace period or not, we aim to completely re-vamp the place in 3-4 days before listing it as available.
6. Updating our APIs
Once the unit is available for occupation, we update our internal databases so that the APIs our partners use reflect the new addition, making it available for them to book with us as usual.
Questions
Below are some of the common questions we get from landlords.
We are part of a network of companies servicing landlords all over UK, with a collective portfolio of over 100+ rooms managed and maintained by us, with increasing portfolios in Leicester, London, Manchester, Cambridge and Birmingham. Birmingham being the most contemporary of the lot, currently has around 20+ rooms, and is one of the fastest growing ones. Talk about demand!
We have internal access to a pipeline of corporate professionals looking for premium shared accommodations. We utilise this network, in combination with proper online marketing, to find prospective and committed tenants.
This is one of the biggest nightmares for landlords when it goes wrong, and it’s probably the single most valuable part of an an agreement like this, as we almost completely insulate our landlords from having to deal with this. Realistically, we try to eliminate this sort of issue in the vetting and referencing process. However, should life’s unpredictable waves hit, we have a procedure of cooperating with the tenant within reason, whilst simultaneously keeping the landlord happy and paid. Naturally, consistent non-payment on the tenants behalf would ultimately result in a notice being issued.
Any non-structural damage done to the inside of the rooms we manage will be ours to expense. As we predominantly purchase the furniture anyway, it makes sense to do this.
However, damage to amenities or communal areas is something we may contribute to, up to an agreed amount. The more rooms we manage in a household, the more of a percentage of this we tend to cover, subject to the damage dealt being at the hands of one of our tenants.
Our tenants are also made aware that the deposit they initially pay is secured by DPS and can potentially be used to repair any unwarranted damage, irresponsibility, and negligence.
Tenants receive warnings prior to a notice being issues. Failure to comply unfortunately would lead to a 2 months notice followed by eviction.
Once again, these are common issues in the traditional renting space which much of our vetting process eliminates. However, if complaints from neighbours or incompatibility among tenants ensues, we’ll initially try to remedy the situation via correspondence, intervention, and mediation. We have not yet had a case where conflict got out of hand and could not be rectified.
Using an internal system, we’ll have alerts set up for compliance. This includes Licencing, Fire Safety, Gas Safety, Electrical Safety, Energy Performance (EPC), Right To Rent, Deposits Protection (DPS), Insurance, Planning Permission (where necessary).
We’ll set up alerts according to your preferences. Some landlords prefer a more hands-off, auto-pilot level of involvement. Others find comfort in weekly or monthly status reports. We’ll cooperatively facilitate something that works for you.
We secure all tenant deposits using DPS.
Should any damage occur within the rooms we’re managing, we’ll be responsible for their maintenance, with the exception of structural damage i.e. big hole in the wall, window broken from outside etc.
If our tenants damage any amenities or communal facilities, we’ll happily contribute to the reparation of such damages.
As promised, there are no fees to pay, and no bills or long-standing invoices you can expect from us. Our humble profits lie in the value we add to the room upon making it into premium quality.
We will not stop paying you. In the case that something like this happens, either due to a genuine lack of demand, or a drastic change in economy, legislation or otherwise, we’ll either ask you for an extension, or submit our notice to hand the rooms back to you.