Asset management is at the core of everything we do as a company. In some cases we are employed specifically to look at various types of assets and to advise and then deploy strategies to increase or create a steady stream of income. This can be as simple as re-renting properties at higher rent levels or looking at ways to increase the capital values of properties. This could include the conversion or refurbishment of existing units or achieving planning consent to extend. It could involve creating additional units either within, or by direct addition, to the existing demise or by looking at unused pieces of land or roof spaces.
Here's more information about what’s included in our comprehensive asset management service.
The legalities of being a landlord can be complex at times, and it’s imperative to always remain within the law, especially when working with tenants. Compliance is a key aspect of successful property management, but understanding exactly how to remain compliant isn’t always easy.
As part of our asset management services, we regularly check for compliance. If there are any issues, we’ll inform you swiftly. You’ll also receive reports, detailing (among other things) any areas where you may not be fully compliant, and explaining how to amend this.
Inspections should be carried out at intervals during a tenancy, to ensure that the property is in good order, and that there are no discernible problems that need addressing. We carry out regular inspections on every property that we manage, and if we see any issues, we’ll let you know immediately.
We also ensure that all inspections are carried out in accordance with the law, in terms of giving the tenant adequate notice, and acting professionally while on the premises. This also provides the opportunity to view the property in more detail, to see if there are any opportunities for making improvements (and boosting profits) in the future.
It’s vital that your portfolio works hard for you. There’s huge potential tied up in every property, and unlocking it can create further streams of income, and boost capital value.
We’re always searching for ways to maximise your assets; from creating additional bedrooms to house more tenants (and increase rental income), to making improvements on the property to raise its value for the future. We take pride in our creative, strategic approach, and work closely with you to make your portfolio as lucrative as possible.
Client M"We were delighted with the service we received form Westbury. Rob and his team worked a clever strategy to increase income over a short period of time and after a 2 year period; we have seen our income increase by over 30%. We now have a more valuable portfolio producing a better return which is efficiently run."