About LTS Property Managers

Below is an explanation of what we do on an individual rental property

1.PROPERTY INVESTMENT & ACQUISITION

• Research upcoming areas suitable for rental
• Examine Property Development potential
• Financial investment Analysis
• Get builder & Architect quotations
• Seek and apply for appropriate Planning Approvals
• Project Manage entire Building Project ,including local authority Building controls
• Electric/ Gas certifications
• Make suitable for rented dwelling regulations

2.PROPERTY MANAGEMENT

We manage properties through their rental life-cycle for our clients , usually involving the following steps:

2.1. Market preparation of a property for rental

Photograph property with HD wide angle lenses and powerful lighting stands to get a set of photos for marketing the property.

Make HD digital copies available to the stakeholders (Estate Agent) , inventory clerk , webmaster

Create marketing materials to advertise an market the property to be let

Create web pages and content to advertise properties using HTML editing software & publishing packages

2.2.Select Marketing Agent

Analyze the local market of agents and select one with the best marketing and portal web presence on Rightmove, Zoopla , and other Portals

2.3.Refurbish property -in between tenancies

Perform a maintenance audit , and resulting work list

Identify trades required , book , negotiate prices and parts /paints to be used

Act as Master Of Works during refurbishment

Perform simpler maintenance jobs ourselves (painting , carpentry etc)

2.4.Pre-tenant readiness

Organize or perform pre-tenant clean

Carpet cleaning

Window cleaning

Safety checks

PAT testing

EPC testing

Electric testing

Gas safety tests

2.5.Snagging List

Build up snagging list 2 weeks in advance of tenancy

Manage maintenance detail works required to get to optimum condition for rental

2.6.Contracts

Write & amend tenancy AST agreements with our property layer

Edit contract with tenant details

Issue contracts and safeguard in the cloud and Agents offices

2.7. Reference Services

Conduct tenant references with , banks , ex-landlords, employers

Conduct credit checks via credit checking agencies

3.TENANT SUPPORT SERVICES

3.1. During In Tenancy Property Management Support

Perform Tenancy inventory service for new tenants ourselves or via contracted Inventory Clerk company...see Inventory examples page

Safeguard tenants Deposit with government approved provider (DPS-Deposit Protection Service)

Perform in tenancy urgent maintenance tasks

Plumbing ,Electrical & any other Maintenance emergencies (eg domestic appliance repairs ,minor carpentry repairs )

Keep copy of all user guides , and publish to tenants on web site

Keep copy of all Certificates

• Electrical
• Gas
• Landlords insurance (where applicable)

Perform Quarterly documented inspections and maintenance work list

9. Management Accounts

Maintain item level expenditure and income transactions on Landlord Property software

Produce accounts for HMRC inspection

Submit P&L to our Directors & stakeholders annually