In Partnership Financial Advisers’ Post

A Balanced Perspective on the Leasehold Sector In light of recent BBC reports on the leasehold sector, I wanted to take a moment to share my thoughts as someone deeply involved in this industry. It’s undeniable that, like any other sector, there are rogue managing agents who fail to meet the standards expected of them. However, it’s important to maintain perspective: these instances, while troubling, represent a very small minority. From my vantage point as a contractor with a holistic view of the industry, I can confidently say that 99% of managing agents and businesses work tirelessly to keep leasehold blocks safe, well-maintained, and fit for the communities they serve. These professionals are dedicated, knowledgeable, and often go above and beyond to ensure that residents can feel secure in their homes. Just last night, I had the privilege of attending an event celebrating the trailblazers of this industry—those who are leading the way in innovation, safety, and best practices. It was inspiring to be surrounded by so many dedicated individuals, and it’s upsetting to wake up today to headlines that paint the entire sector in a negative light. I completely understand that some leaseholders have suffered and that their stories must be shared. The actions of rogue agents should be called out, and reforms must continue to ensure fairness and transparency. But I also hope that this coverage doesn’t make the lives of property managers—who already face immense pressures—even harder. The industry is filled with passionate professionals who work tirelessly to protect and enhance the homes of countless residents. Let’s not allow the actions of a few to overshadow the commitment and progress of the many. Instead, let’s continue to hold space for necessary change while also recognising and celebrating the good work being done every day. https://lnkd.in/em8-nsKr

💼 Selling a rent roll takes time—months, not weeks. From prepping your rent roll to negotiations, due diligence, and finalising finance, it's a more complex process than a regular property sale. Want to know more about the timeline? Read here👇 https://buff.ly/4g3JBpE #RealEstate #PropertyManagement

Do you know all the potential risks and pitfalls hidden within your lease? Your commercial real estate lease isn't just a contract—it's a cornerstone of your business's success. Uncover the crucial considerations that could jeopardize your lease in Keyser founder, • Jonathan Keyser's Inc. Magazine article: https://hubs.la/Q02tFnXy0 #LeaseNegotiation #BusinessSuccess #RiskManagement

Check out our latest blog on efficient rent collection! Whether you're a renter, property owner, or property manager, these best practices will help you stay on top of rent payments and maintain a healthy financial relationship. ⬇️ ⬇️ ⬇️ https://lnkd.in/g9FaduD6

Did you know that selling your rent roll isn't as simple as it seems? When it comes to a smooth transition, it's all about hitting that magic number: 90%. That's right, Matt Ciabella from MC Rent Roll Broking says, "Every time it should be minimum 90%." So, what does this mean for you? When you sell your rent roll, you're essentially transferring the management of properties to a new real estate agency. The tricky part? Getting individual property owners to agree and sign new management agency agreements. They also need to provide proof of identity, and trust us, not everyone is eager to jump through these hoops. But here's the kicker: not every landlord will make the switch, and that's where the 90% comes in. If you can transfer at least 90% of your clients, you're in good shape. Want help getting those management agreements signed? Reach out to me to talk about my rent roll transition service where I’ll take care of this for you!

How to handle buying a #leasehold #property in England and Wales Seemingly, a useful consumer guide - to a ‘difficult’ set of issues. Consider ALL aspects before proceeding! https://buff.ly/3XVjBp9

Ready to 'exit' the uncertainty of off-the-plan purchases? 🏠💼  Our latest blog sheds light on hidden risks and key considerations when navigating the figures of off-the-plan buying.  Don't make a move without reading this first!  #OffThePlan #RealEstate #PropertyInvestment

I found this article about the leasehold hell. The painful reality of the leaseholder in the UK. Has anyone purchase a flat lately. Please share your experience #leasehold #shortlease #propertyinvestment #property #RealEstate #leaseholdproperty https://lnkd.in/gqhwPwAs

Should I invest in leasehold property? 🤔 If you're a landlord or property investor considering dabling in leasehold property there are various intricacies to get your head around to ensure a smooth ride✅ Check out our 9 min guide on leasehold property written with investors in mind 👇 https://lnkd.in/dGiQU8FX

LEASE RENEWALS - Not very 'sexy' you say?? Sure, this part of a property management service can often be overlooked - but boy is it important! Tenants want to feel secure in their homes, and a fixed-term lease provides this assurance. Property owners also want security in fixed-term leases, so they can plan their financial strategies which rely on a regular rental income. Lease renewal management is a surprisingly complex process, requiring high negotiation skills on the part of a property manager. We negotiate new lease terms on behalf of our lessor clients while ensuring they meet their obligations and their tenants are treated fairly. In fact, new laws introduced over the past year regarding rent rises and minimum housing standards have made the lease renewal process even more complicated. All the more reason to have a professional managing agent represent you. Why would anyone want to manage their own property in these challenging times??