Property Management – size doesn’t matter

As successive governments continue to implement more rules around private residential lettings, land occupation and subsidy eligibility, the need to be properly advised has never been greater.

D&R has seen increasing demand for Property Management services, winning several significant Property Management contracts for private and corporate estates in Scotland and Northern England. But it’s not all about size. We advise and assist those with more modest portfolios, from a single cottage or a paddock or block of woodland.

Agreements made with the best intentions but incorrectly documented, can store up future problems and have unintended consequences. Owners should always keep an eye on future plans and tax strategy, ensuring ‘here and now’ actions and decisions are not fundamentally prejudicial to reaching the end goal. Those decisions are easier made when properly advised and fully considered.

Taking the long view – retiring and keeping control? From a single house or field, it is important to ensure your property is not only compliant, but is meeting your immediate and long term aims. This can be especially important for retiring farmers wanting others to use the land for day to day farming, whilst retaining control of the property.

Equally, the private letting of farm cottages can be a significant burden for those not well versed in the latest legislative requirements. We tailor our services for your needs; we support you in everything from advice and preparation of documentation through to full management including invoicing, collection of monies, policing of agreements and property inspections.

Author: Niall Milner (Lanark). For more information contact your local D&R office.

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