Industry experts forecast that, within 20 years, more people will rent in the UK than own their homes. The UK government is increasingly looking at the Private Rented Sector (PRS) to provide greater numbers of new build housing.
Heading up Gateway Property Management’s New Business team is Grace Whitehouse. She joined in April 2012 and, over the past five years, has seen the company’s property portfolio expand rapidly. Grace explains why she enjoys working in the industry and sets out tomorrow’s ambitions.
From property regulations to the essentials of letting your investment property, take a look at the quick guide we’ve created on our Gateway Residential website. There, you’ll also find downloadable PDFs. If you have any questions, just get in touch and we’ll be happy to advise.
Two national housebuilders have recently appointed Gateway Property Management to take care of their exclusive developments. Both sites are in Kent.
In Wouldham village, on the banks of the River Medway, Gateway will be managing 152 houses and apartments. Just over eight miles away in Hoo, made famous by Charles Dickens, we add 123 new homes to our portfolio, again a mix of properties. Across the Kent postcode of ME, Gateway currently looks after 22 sites. With a number of developments planned in this area and wider afield, Kent is proving an area of substantial residential property growth.
From time to time, major works are required to best maintain a property. These can be to the external and internal communal areas, as well as the fabric of the building to address wear and tear.
To protect the rights of leaseholders, there is a clear consultation process to follow before any major works can begin. This legal requirement is known as ‘Section 20’ consultation because that’s where it appears in the Landlord and Tenant Act 1985. It applies to qualifying work costing any one leaseholder over £250. Our guide explains more and answers common questions.