With a dedicated marketing team, we ensure we reach your target market through a range of varied media vehicles.
We will take prospective tenants to your property.
We will ensure we find the “right” tenants for your property including credit searches, employment history, previous address, identification and guarantors.
All properties go through our inventory service to include video/photographic evidence, protecting both landlord and tenant. All properties are subject to thorough, quarterly property inspections.
Our team ensure property compliance including gas and electrical safety certificates, EPC’s, buildings insurance and 24/7 maintenance.
Management how it should be. We ensure reduced voids, maximised returns and exceed your expectations. Once monthly statements, produced by CIMA staff provide a complete in-depth overview of your property performance.
Our team includes Chartered Management Accountants ensuring the cash flow of your investment is efficient. Proven Marketing, Advertising and PR expertise with degrees in this field.
We are members of the National Landlords Association (NLA) and are regulated by the Association of Residential Letting Agents (ARLA).
Our portfolio of HMO properties past and present contains hundreds of rooms. Only a small fraction of these are let to students, giving us a richer, deeper understanding of tenants living in HMOs beyond the usual student properties that are common in many towns and cities.
Our understanding of HMO property management is a strength we can pass on to you, helping you to obtain your HMO property licence and ensure that your status as a landlord is fully compliant. Unlicensed HMOs can come with costly fines, and properties that don’t satisfy government guidelines for safety, cleanliness, and maintenance aren’t likely to get far.
Our team is well-versed in HMO guidance and we can take the stress out of ensuring your property abides by the rules.
Our low agency fees bring down the financial barriers for landlords and would-be investors, and we offer an upfront advisory service completely free of charge. We want to get your relationship with us off on the right foot, and though property investment always demands a certain amount of upfront capital, we want to ensure that – much like with property rentals – upfront fees aren’t the biggest roadblock to getting started.
We also offer free property valuations to help set expectations and give you some important guidance on where your property might sit in terms of finances, making conversation clearer and more harmonious between us and our clients.
There’s a lot to consider if your investment is to be as successful in generating a return as you’re likely hoping for.
First, there’s the necessary compliance and licensing needed to own a property that functions as an HMO. This means the property needs to be suitable in size, well-maintained to a reasonable standard, and fitted with the necessary smoke alarms and safety-tested appliances.
It should be noted that an HMO license only applies to a single property at a time. Investors with multiple HMOs will need to seek multiple licenses, or else face multiple penalties. With fines under the Housing Act 2004 able to reach as high as £30,000, that’s not a risk that landlords can take.
The importance of marketing your property also cannot be overstated since this is the primary way for you to attract tenants or prospective buyers. Tenants need to be comprehensively referenced, inventories need to be made and checked, agreements need to be drawn – simply put, it’s a lot of work.
Let Mistoria Estate Agents shoulder the weight for you and make your HMO investment as financially secure as it should be.
We can reassure you that you are in good hands here at Mistoria Estate Agents. We are proud members of numerous well established property governing bodies and associations.
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