Property Management Company
A Property Management Company is a company created to acquire, manage, maintain, and refurbish properties, both leasehold and freehold. This could include residential properties like flats and houses, or commercial properties like office buildings and retail spaces. The company ensures that these properties are properly cared for, and it handles all the administrative, maintenance, and financial tasks related to property management.
Why Set Up a Property Management Company?
Full Control Over Properties : Setting up a property management company gives you complete control over your properties, enabling you to handle the maintenance, tenants, and any necessary refurbishments directly. This is perfect for individuals or businesses that want to streamline property management and have a more hands-on approach.
Two Flexible Options for Structure : We offer two options when setting up a property management company
With Share Capital: Ideal for businesses that want to distribute shares and profits among shareholders. This option suits investors looking to run the company for profit.
Without Share Capital: Perfect for non-profit organizations or community groups, where any profits made are reinvested into property management or the community.
Customizable Articles of Association : Our model Articles (the basic rules for the company) are designed to cover common needs but may not suit every situation. If you have specific goals or a unique business structure, you have the option to Use your own Articles for a more tailored approach, or Edit our model Articles to better fit your company’s vision and operations.
Ongoing Property Maintenance & Management : A property management company can manage all aspects of your properties, including Day-to-day maintenance like repairs, cleaning, and inspections.Financial management, including rent collection, bill payments, and tax handling.Tenant management, such as finding new tenants, resolving disputes, and ensuring compliance with tenancy laws.
Compliance with Legal Requirements : We ensure that your property management company is fully compliant with all local regulations and property laws. This can include maintaining up-to-date property licenses, ensuring proper tenant contracts, and adhering to health and safety standards.
Streamlined Communication : With a property management company in place, you create a single point of contact for all property-related issues. This makes communication simpler between tenants, property owners, contractors, and other involved parties, reducing confusion and improving efficiency.
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