Scenario:

  • Landlord faced significant void periods when units came available within a large block of owned flats.

  • Landlord had an inactive letting agent with a history of undervaluing rents achievable.

Prime Living Action

  • Immediately took-over all property lettings.

  • Advised on refurbishment to maximise rents.

Results

  • Avg. of 11% increase on rental incomes across units.

  • Lowest-ever void periods in between tenancies.

  • Landlord able to achieve higher portfolio refinancing.