Call Us
+442033756161
Monday - Friday
9am - 5pm
London, E15 1SQ
60a Leytonstone Road
Back to the blogs list

Spare Move Letting Agents on Achieving Speedy Rentals without Compromising Quality

LETTINGS PROPERTIES

In the fast-paced world of property lettings, both landlords and tenants are often caught in the balance of wanting to secure tenancies quickly without sacrificing the quality and fit of the arrangement. Spare Move Letting Agents have mastered the art of this delicate balance, ensuring that properties are let swiftly to the right tenants while maintaining high standards of quality. Here's how Spare Move achieves this feat, setting themselves apart in the competitive letting industry.

Understanding Market Dynamics

Spare Move begins with a deep understanding of the current market dynamics, including demand patterns, pricing trends, and tenant expectations. This knowledge allows them to price properties accurately and market them effectively. By staying ahead of market trends, Spare Move ensures that properties are attractive to potential tenants, leading to faster lettings.

Leveraging Technology

Technology plays a pivotal role in how Spare Move operates. From listing properties on top rental platforms to using social media for marketing, Spare Move leverages a variety of technological tools to reach a broad audience quickly. Virtual tours and online applications streamline the viewing and application process, making it easier and faster for tenants to commit to rentals.

Maintaining a High-Quality Portfolio

Spare Move is selective about the properties they manage, ensuring each one meets their high standards of quality. This selectiveness reassures potential tenants about the condition and value of the property, making the properties under Spare Move's management highly sought after. A well-maintained property portfolio reduces the time properties spend on the market, as they naturally attract more interest.

Effective Communication and Negotiation

Effective communication is key to speedy rentals. Spare Move prioritises clear and prompt communication with both landlords and prospective tenants. This approach ensures that any queries or concerns are addressed immediately, speeding up the decision-making process. Moreover, their expertise in negotiation helps in quickly reaching rental agreements that are satisfactory to both parties.

Comprehensive Tenant Screening

Spare Move doesn’t compromise on quality, even in their quest for speed. They conduct thorough tenant screenings to ensure that tenants are reliable, financially stable, and likely to maintain the property well. This comprehensive screening process includes credit checks, employment verification, and reference checks, ensuring that only the most suitable tenants are selected.

Providing Full-Service Property Management

By offering full-service property management, Spare Move reduces the burden on landlords, making the letting process more efficient. From handling repairs and maintenance to managing tenant queries, their comprehensive service package ensures that properties are always in top condition and tenants are satisfied, which in turn attracts more interest and leads to quicker lettings.

Building Strong Relationships

Finally, Spare Move understands the importance of building strong relationships with both landlords and tenants. By fostering trust and loyalty, they create a network of satisfied clients who are likely to use their services again and refer others, thus increasing the speed at which properties are let.

Achieving speedy rentals without compromising on quality requires a strategic approach that balances market insight, technology, quality control, and effective communication. Spare Move Letting Agents excel in this balance, offering a seamless service that meets the needs of both landlords and tenants. Their commitment to maintaining high standards while embracing innovation makes them a leading choice in the property letting industry, proving that it is indeed possible to secure quick tenancies without sacrificing the quality of the match between property and tenant.

Shared on social media

Comments


Latest Blogs

Financial Sustainability: Is Guaranteed Rent a Long-Term Option in London?

If you own property in London, then you’ll no doubt be looking for a long-term, sustainable way to make the best return on your income. While there are many types of rent contracts you could set up, we believe that a guaranteed rent in London is one of the best long-term arrangements you could make, and today we’d like to talk about why.Optimising Your Profit MarginsOne of the biggest challenges for London-based rental properties is optimisation. The value of property varies a lot from area to area in London, based on the local needs. This can change even more over time as the needs of businesses shift.For example, a year or two ago, many London property owners were expecting the value of central London properties to go down, reflecting the move from office-based work to remote work. Now, the opposite is happening, as many companies are returning to the in-person model.All of this to say that, when you add local factors into the mix, the London property market is an ever-changing beast, and keeping ahead of it can feel like a full-time job.Enter guaranteed rent. With a guaranteed rent contract, you’ll have a property manager, a company that’s invested in ensuring that you get the best possible prices. Instead of you having to do all the research, they can take care of that. For their part, the benefit comes from working with many homeowners, making all that time spent tracking the market worthwhile.No InstabilityIt’s also important to stress just how unstable some traditional rent contracts can be. If a tenant fails to pay rent, that can seriously impact your bottom line, causing several knock-on effects that will cost you more in both time and money.A guaranteed rent contract sidesteps that problem entirely. Instead of relying on the tenant, you rely on the property manager, who will pay you a consistent, predictable income for the length of the contract.Guaranteed Rent with SparemoveHere at Sparemove, we’re an experienced guaranteed rent provider in the London area. We know the city inside and out, and we’re experts at maximising value for money on the properties we manage.If you’d like to learn more about how you could get guaranteed rent in London with Sparemove then call +442033756161 or email us at info@sparemove.com.

Read more

The Rise of Co-Living Spaces, What Landlords Need to Know

As housing demands shift and urban living evolves, co-living has become a growing trend across London and other major UK cities. Designed to meet the lifestyle preferences of young professionals and remote workers, co-living spaces offer a blend of private living areas with shared amenities, such as kitchens, lounges and workspaces, all under one roof.For landlords, this presents both an exciting opportunity and a few important considerations. If you’re looking to adapt to changing tenant expectations while maximising the return on your property, co-living could be the answer, especially when paired with a guaranteed rent scheme.What is Co-Living?Co-living involves renting out private rooms in a shared building, usually with communal areas and inclusive bills. It’s more than just a traditional house share. Co-living prioritises community, convenience and flexibility. These setups are particularly popular with millennials, freelancers, and digital nomads who want to live in a social properly, close to the city centre.Why is Co-Living Becoming So Popular?Several factors have contributed to the rise of co-living:Affordability: With rental prices high in most cities, tenants are looking for budget-friendly alternatives. Choosing a co-living property can mean cheaper rent prices.Flexibility: Co-living often offers short-term lets and inclusive costs, appealing to people who are just moving through, or those relocating for work.Lifestyle Fit: Many tenants want to live somewhere social, where they will meet likeminded housemates, particularly after the isolation brought on by remote work and the pandemic.What This Means for LandlordsIf you own a multi-room property or are considering converting a home into a House in Multiple Occupation (HMO), co-living could open the door to higher rental yields. However, it also requires proper planning and management. Things to consider include:Ensuring the property meets all safety and licensing requirementsInvesting in appealing, modern shared spacesManaging multiple tenancies, often with staggered move-in datesThis is where a guaranteed rent model becomes so useful. Teaming up with a property partner like SpareMove takes the hassle out of managing your rental, and you’ll still get paid on time, even if the property’s empty or tenants change.The Role of Guaranteed Rent in Co-Living SuccessLooking after a co-living property on your own can quickly become overwhelming. There’s a lot to juggle, from finding the right tenants to handling repairs and staying on top of regulations. That’s where guaranteed rent comes in. By working with Sparemove, you can hand over the day-to-day running of the property and still enjoy a steady, stress-free income every month.Because co-living often means tenants coming and going more frequently, keeping rooms filled can be a challenge. But with a guaranteed rent agreement, you’re covered, even if a room is empty, your payments don’t stop. It’s a simple way to protect your income and avoid the usual worries about gaps between tenancies.On top of that, letting your property through a guaranteed rent scheme helps maintain high standards for everyone living there. Tenants get a well-managed home, and you get fewer headaches from complaints; it’s a win-win.Final ThoughtsCo-living is really changing the way people rent in cities, and landlords have a great opportunity to benefit from this growing trend. Whether you’re already letting out an HMO or thinking about converting a property, going down the co-living route, especially with the support of a guaranteed rent scheme, is a clever way to secure your income for the future.If you’re keen to boost your rental earnings without all the usual stress, get in touch with Sparemove today. We’ll show you how our guaranteed rent service can make your co-living journey simple and hassle-free.

Read more

The London Landlord Survival Guide

If you’re just taking your first steps into being a London landlord, then you may be feeling a little daunted about the challenges ahead. Will your tenants cause you problems? Will you be able to make a profit given the costs of upkeep and insurance? How can you be sure that you’re charging a reasonable, market-driven price? At Sparemove, we believe that the answer to all of these questions is guaranteed rent. That’s why, in this blog, we’ll be breaking down some of the biggest challenges London landlords face and why a London guaranteed rent contract could help. Managing The Market For those looking to rent out property, particularly those based in London, knowing how much to charge can be a constant headache. First of all you have to know the market. That means many hours of research into what other landlords are charging for similar properties. You’ll need to compare for size, location, number of bedrooms, and cost of utilities (if any utilities are included at all that is). Once you’ve come to a reasonable range, you’ll then need to calculate how much profit you’ll make relative to the work you put in. You might think you’re done there but actually that’s only the beginning. Markets change a lot and, over the course of a 12 month contract, the relative value of your property will fluctuate. In practice that means you’ll have to do all this work again once a year. Alternatively, you could get a guaranteed rent contract. Here at Sparemove, we’re always keeping up to date on the local London markets, doing all that research so that you don’t have to. Just think of all the time you’ll save. Counting The Costs It’s not just the market you’ll have to keep an eye on, either. Maintenance costs can be expensive and can involve a lot of difficult decision making. With every expense, you’ll have to factor that into your profit projections, making decisions about quality versus cost at every step of the way. At Sparemove, we can factor these costs into your contract upfront, meaning you’re at far less risk from unexpected expenses. Talking With Tenants Let’s face it - tenants versus landlords is a tale as old as time. When it comes to people’s homes, tensions can always run high. For landlords, handing their property over to a tenant means trusting that person to effectively look after a major life investment. One of the most common reasons why people choose to sell rather than rent is that they don’t want to deal with the drama that can come from tricky tenants. At Sparemove, we can provide full management, meaning that while we’re paying you your rent regularly and on time every month, we’ll work with the tenant to resolve issues and ensure that conflicts don’t spill over onto you. If you’re ready to start your journey as a London Landlord, then contact Sparemove today at +442033756161 or by emailing info@sparemove.com.

Read more

Tips For Finding the Perfect London Letting Agent

If you own property in London then guaranteed rent contracts are a must-have for effective management. A guaranteed rent contract not only simplifies the process - handing over much of the daily work to experienced management service - but it also ensures that you’ll have reliable and stable income from your property. With that said, you won’t want to jump into just any old contract. Instead, you’ll want to take the time to find the right letting agent. In this article, we’ll be discussing what makes for a good letting agent as well as how to find one that’s right for you. A Reliable Reputation Any time you’re hiring a company, you’ll want to check out their reputation online and find out what other customers have said about them. When it comes to letting agents you’ll want to go even further. After all, you’re trusting these people with an incredibly valuable asset and it’s only reasonable to want to ensure that you’re in safe hands. That’s why it’s always important to read up on them before signing anything and, if possible, you might even consider reaching out to people who’ve worked with them to ask about their experience directly. The Best Deal in Your Area There are lots of companies out there offering guaranteed rent contracts in London but not all of them can boast the same incredible value for money. Some will offer full management. Others won’t. Some will be willing to take on all the work of marketing your property while others will expect more input from you. Here at Sparemove, our services include all that and more, offering a fully comprehensive approach to property management. A Wealth of Local Knowledge When speaking to your letting agent for the first time, it’s also important to make sure they’re well-informed about the local area. A major part of your letting agent’s role is simply to price your property optimally to ensure that you’re making the best profits you can. Doing so requires a detailed knowledge of the local geography, economy, and demographics. It means being both experienced and up-to-date. Still looking for a first rate letting agent who can offer guaranteed rent in London? If so, then now’s the time to try Sparemove. Contact us today by emailing info@sparemove.com or calling us at +442033756161 and our team will be more than happy to discuss finding a plan that’s right for you.

Read more

Sparemove

Estate Agents

Hi, thanks for visiting Sparemove Estate Agents. Are you thinking of selling or letting your property?

Request Valuation
x