There's no doubt being a landlord has changed drastically in the last
10 to 15 years. First of all, investing in property has become so much more
expensive. But as prices have increased tax breaks have disappeared. And more
legislation and red tape seems to appear every year. But despite all that the
biggest change may be in how landlords’ market and manage their property. And
that many are now becoming DIY landlords.
The rise of the DIY landlord
It used to be the case that landlords had no choice but to use a high
street estate agent to market their rental. It’s still an option today but fees,
extra charges and commission can make this very expensive. But the costs don't
end there. If you want the estate agent to manage your property for you, and
many first-time landlords do, the agent may charge commission of up to 20% of
the total rent. Understandably many landlords will look at those figures and
turn pale. Their margins will be wafer thin.
But there’s another way to market and manage a property. You can join
many others and become a DIY landlord. You’re no longer beholden to expensive
high street estate agents.
From the high street to online
When we mentioned how being a landlord has changed over the last decade
or so there was one thing we didn't bring up. The internet. The web has changed
so much of our daily lives. And for landlords it's become a massive help.
You no longer need to rely on an estate agent. The services available
online mean you can now manage and market your property on
your own. Or enlist as much help as you need. Using a tool such as the
MakeUrMove letting platform allows you to take control of your property
business. To become a fully-fledged DIY landlord.
The great thing about the MakeUrMove platform
is that it's fully customisable. You choose which services you need. You can be
as hands on or as hands off as you want. But as a DIY landlord using our
platform you can (amongst other things):
- Advertise on the biggest property sites like
Rightmove and Zoopla.
- Arrange viewings and inspections.
- Have rents collected and arrears chased.
- Manage maintenance.
compliant with current legislation.
- Arrange tenancy documentation.
- Benefit from rent protection.
- Receive eviction and legal assistance.
So, our online letting platform not only finds you a tenant it also
helps you manage your property. And unlike some high street agents you don't
have to worry about any hidden fees. We're completely transparent about costs.
We don't take commissions. You simply choose the package you want and pay the
monthly fee. And with our advertising
and management packages starting from just £20 per month being a DIY landlord
is very affordable.
Benefits of using the MakeUrMove online letting platform
- Unlike high street estate agents your platform
is available 24 hours a day.
- Transparent and low monthly fees.
- It only takes an average of 12 days to let a
property with MakeUrMove.
- We have flexible plans to suit every landlord.
- Fully accredited property management team.
- 24/7 management booking system.
And the biggest benefit of all? DIY landlords could save around £1,000
per property compared to letting their rental through high street estate
But being a DIY landlord doesn't mean you're on your own. Use our
platform and you have the support of the whole team here at MakeUrMove. Our
customer support team know the property business inside out and they're always
available to help. And unlike other companies who use remote call centres all
our team are based at our Manchester offices to provide any support you need.
Want to learn more? You can find out all about the MakeUrMove property
management platform here.