What are the financial benefits of using a Property Management company?

If you have invested in property, either as a first-time property owner or to grow your property portfolio, you want to make sure you are getting the most out of your investment.

One way to do this is to use a property management company.

A lot of people think that they can save money by managing their properties themselves, but there are many financial benefits to using a property management company that make it worth the cost.

It will also save you time and let’s face it- time is money, and by using a property management company you are freeing up your time to focus on other things, whether that’s working on your career, or spending time with your family.

Some of the financial benefits of using a property management company include

More rental income

A property management company will be able to maximise the rental income from your property.

They will do this by making sure that your property is always rented out and by keeping vacancy rates low.

They are generally able to source high quality tenants who are willing to pay more rent.

Lower repair and maintenance costs

A good property management company will have a network of reliable and affordable contractors that they use for repair and maintenance work.

This means that you won’t have to spend as much money on repairs and maintenance.

This can attract higher rental values and also means it is less likely that your property will sit empty.

Increased property value

A well-managed property will be worth more than a poorly managed one.

This is because a property management company will carry out regular maintenance and repairs, as well as improve the overall appearance of the property and make sure it is also clean and meets current and planned building regulations.

Increased value of your portfolio

A property management company will also help to increase the value of your portfolio.

This is because they will keep your properties in good condition and will carry out regular maintenance.

Less void periods

A good property management company will work hard to minimise void periods, which is the period of time where your property is not occupied.

This is important because it means that you are not losing out on any rental income.

Making sure legal safety requirements are met

There are a number of legal safety requirements that landlords must meet.

A property management company will make sure that your property meets all of the necessary requirements.

If you are compliant with all the legal requirements this can help you avoid costly mistakes.

Ensuring tenant contract agreements are in place

A property management company will make sure that all of the necessary contract agreements are in place before a tenant moves in.

This includes things like ensuring that the deposit is protected and that the tenancy agreement is signed.

This can help prevent future disputes which can be time-consuming and expensive to resolve.

Better screening of tenants

A good property management company will have a rigorous screening process for potential tenants.

This means that you are less likely to end up with problem tenants who don’t pay their rent or damage your property.

Quicker occupancy of your rental units

Property management companies have a network of potential tenants.

This means that they will be able to find someone to occupy your property quickly.

What’s next?

As you can see, there are a number of financial benefits to using a property management company such as Yates Hellier.

If you’re an investor, then it’s definitely worth considering using one to increase the value of your investment and make more money from your property portfolio.

Property management companies have the experience and expertise to ensure that your property is well-maintained and in good condition.

By keeping your properties in good condition, you’ll be able to increase the rental income that you earn from them.

And, by having a property management company take care of the maintenance, you’ll be able to save money on repairs.

All in all, using a property management company is a great way to boost financial returns on your investment and make more money from your property portfolio.

At Yates Hellier we pride ourselves on giving our clients the best possible service.

We are an award-winning Glasgow-based estate and letting agency with many years’ experience in the property market.

We offer a range of services including property management, sales, lettings, and investment. Our services are designed to save you time and money, as well as increase the value of your property portfolio.

So if you’re looking for a property management company that can help you achieve your financial goals, then we would be delighted to help.

How can we help with your property?

Complete the form below and one of our team will get back to you as soon as possible.

What people say about our property management services

Cannot thank Yates Hellier enough

We cannot thank Yates Hellier enough for all they have done in letting our flats so quickly and efficiently. Their service has been exceptional and we found them to be miles better than any of the other Letting Agencies we’ve used in the past.

We highly recommend them and will certainly be back in touch when letting the flats again.
Absolutely first class service!!

Absolutely first class service!! From the initial prompt and honest visit from Jack Hellier to the constant communication and guidance from William Hudson. Night and day from the experience I have had with previous Property Management companies.

Would highly recommend and will 100% be using again for any requirements in the future. Thanks gents!

FAQs

Q. How long will it take to find a tenant for my rental property?

From instruction, we can have your property online within a matter of days. Once viewings are booked in, as long as your property is presented well and priced correctly, you should have a great choice of tenants to choose from.

We would generally say to allow 3-4 weeks to place a tenant, dependant on if your property requires any compliance works or improvements.

What people say about our property management services

a stand out company

Your investment is only as good as your letting agent.

Glasgow rental property has proven to be a great investment over the years. However, all investments have risk and not all Glasgow letting agents are equal. My job at Yates Hellier is to ensure that my client’s investments produce consistent results.

Jack

delighted with the service

Your investment is only as good as your letting agent.

Jack

FAQs

What’s the actual job like – will it be challenging/rewarding?

There’s no doubt that it can be a challenging industry, however, our structure and ways of working ensure that our team have the full support of the organisation.

What's the training and development like?

When joining, you will be taken through a full induction programme with tailored training plan. If you are joining as a trainee, your qualifications are fully funded, as well as ongoing Continual Professional Development courses. We want our team to grow and progress, so learning and personal development is of high importance to us.

invest in glasgow property

switch your letting agent

Yates Hellier is one of Glasgow’s leading letting agents and estate agents. Our hands on service provides exceptional value to our clients.

We provide a premium service to discerning landlords and sellers who appreciate a quality service with unrivalled attention to detail.

2 Woodside Place
Glasgow
G3 7QF

Yates Hellier: Glasgow Letting agents & estate agents

Client money protection Certificate

Google Rating

4.9

Based on 246 reviews

Yates Hellier Sales & Lettings

4.9

Jane Oleksiw

1696279721

I had such an enjoyable experience dealing with Yates Hellier. I am an international student from Canada who recently moved to Glasgow and was able to find accommodation with such ease with the help of everyone at Yates Hellier. A ton of my stress and concern about moving to an entirely new continent was very much so minimized with all of the help and support I received. This letting agency is nothing short of professional, efficient and supportive. I would recommend this agency time and time again!

Nadia Carveth

1696264927

I rented a flat under Yates Hellier before Covid. I never had any issues with them and they were always available for assistance :)

Tom P

1696089002

I have been a tenant with Yates Hellier for a while now and they have always been friendly and quick to respond to queries regarding maintenance etc — they are also very engaged with looking after their properties and I would use them if I was a landlord due to their professionalism and efficiency.

Louisa “Coco382014” Coco

1696082475

Always great service from Yates Hellier. I've been a tenant for 6 years and intend to continue this lengthy tenancy for as long as possible.

Gordon Wheatley

1696060352

We bought and sold with Yates Hellier and found them to be extremely professional.What we liked was the regular/daily updates with Ross Yates.Anyone thinking of using Ross Hallier we would strongly recommend that you use Ross to do the viewings.

Harry Gascoigne

1695897488

Yates Hellier are a brilliant letting agent, who always went above and beyond to ensure that we felt comfortable and safe in our flat. 10/10 from us! Thank you so much.

Lauren Short

1695885435

Yates Hellier provide peace of mind that our property and tenants are well looked after. A very professional and friendly service - would highly recommend to first-time landlords.

Daniel Hoffmann

1695843273

Ross was a brilliant agent. He was open and honest and I felt like I could trust him from our first meeting. He was also incredibly accommodating and took all our personal considerations into account. We had been looking for a bigger place for a while and with his backing we decided to put our flat on the market before finding a new place. This was a considerable risk for us due to time pressures in our family situation, however, Ross helped guide us through the selling and buying process. We were very lucky in the sale of our flat and achieved an amazing price which allowed us to offer on a property which would have previously been out of our budget. I say we were lucky but sometimes you make your own luck and in this case I whole heartedly believe that we would not have been as lucky if we didn’t have Ross taking us through both processes. We are incredibly happy with how things have worked out and have Ross to thank, I cannot recommend YatesHellier highly enough, they were brilliant!

Gabriel Motzkin

1695654387

I am grateful I found them. We are in Glasgow for part of the year, and they manage our apartment. Yates, Hellier are the best. We couldn't do it without them. We have had other property managers around the world, and there is simply no comparison. Moreover, their prices are reasonable.

scotwheels1

1695647160

From initial contact to sale, the team were both friendly and professional. Cant recommend them enough!

Hannah Robinson

1695623008

Our experience as tenants with Yates Hellier was very positive and the best we have had from any letting agent. Whenever there were any issues with the flat, it would take them no time at all to get them sorted and they always communicated with us very well.

Derek Walker

1695563325

Ross was very professional and showed good negotiation skills with potential buyers as the market was dropping. Yates Hellier as a whole were very good and refreshingly they don't tie you into 6 month contracts like other bigger estate agents. This is invaluable in a falling market as it gives you the option to postpone the sale and not be penalised.

Jenni McKittrick

1695553497

I recently sold my house in Burnside with Yates Hellier and could not be more delighted with the service provided. Ross was able to offer expert advice from start to finish, enabling for a smooth transaction. I would highly recommend Yates Hellier to anyone looking for a personal and friendly service when selling or buying. Thanks again.

Joan Capper

1695478222

First class professional and personal service

Brian Maybin

1695397449

I had a fantastic experience with Yates Hellier. I actually ended up using them by chance but I’m glad I did. I was very impressed by Ross. His knowledge of the market was excellent. He had clear understanding of the processes and great ability to convey to this to me as his client. We were updated throughout. Yates Hellier seemed to have a good vetting process for potentional buyers. If you are looking to achieve the best potentional for your property sale Yates Hellier is an excellent choice.

Yaman Rajab

1695381397

Osman Sahin

1695375702

Very friendly employees. They answer any questions you've and do their best to solve your issues.

Douglas Wardell-Johnson

1695370033

Rented from them, always Professional and fast to respond to requests, with in-house handyman quick to come look at minor issues when asked.

Gwyneth Dunn

1695320551

Brilliant service and friendly staff at Yates Hellier

Robbie Laidlaw

1695306790

Yates Hellier are a letting agency who are direct and simple to deal with. 95% of the issues we have raised have been dealt with promptly, as they send over a workman to fix the problem.They do regular inspections ensuring the flat is in good condition, but also as an oppurtunity for us to raise issues. occasionaly things we have mentioned in person have fallen through the cracks, but mostly dealt with when reminded in an email.

Hayley Macklin

1695301879

Rented a property for 5 years with Yates Hellier. Great communication, nothing was ever a problem if we needed help or repairs. Whole team were polite in any visit they done to the property & never invasive. Great company!

James Matthew

1695298253

I had an excellent experience of both the sale and letting of my property with Yates Hellier.I decided to sell the property after the rental. It had been left in immaculate condition. The marketing material, photos and video they produced were incredibly professional so i decided to talk to Yates Hellier about selling my property. I had previously got in the market leader in Glasgow to give me an estimate. I decided to take a chance on Yates Hellier as I liked everything about them- A young vibrant team and image who are friendly and knowledgable. I didn't feel like i was being lied to or forced into anything to get the sale, as i did with the other company.Ross and his team lined up 37 viewings in the very short time it was on the market. He held to his promise that he would get the very best price for my property. The offer way exceeded my expectation. We even decided to go for offer no 2 as the purchaser's were chain free and in a better position than the first offer. This was all driven by recommendation and the diligence relayed around each prospective buyers circumstance was exceptional.Having very successfully got the deal over the line, I half expected something to go wrong prior to the moving stage. Not so. Again Yates Hellier delivered first class agency in facilitating a mutually beneficial moving arrangement to both myself and the buyers.I wouldn't hesitate to use Yates Hellier in the future. If you are looking to sell your property I strongly advise you to call them and at least have them in for a quote. You will be glad you did.A big thank you to the Yates Hellier team for an outstanding result!

See all reviews

What are the financial benefits of using a Property Management company?

Some of the financial benefits of using a property management company include

More rental income

A property management company will be able to maximise the rental income from your property.

Lower repair and maintenance costs

Increased property value

Increased value of your portfolio

Less void periods

Making sure legal safety requirements are met

Ensuring tenant contract agreements are in place

Better screening of tenants

Quicker occupancy of your rental units

What’s next?

What people say about our property management services

Cannot thank Yates Hellier enough

Absolutely first class service!!

FAQs

What people say about our property management services

a stand out company

delighted with the service

FAQs

What’s the actual job like – will it be challenging/rewarding?

What's the training and development like?

invest in glasgow property

switch your letting agent