Some landlords hear from us before we have seen their home: “Unfortunately, this isn’t our type of property.” We know how that can read, so here is what it means and what it does not.
It does not mean your home is a bad home, a bad investment, or that we are being picky. A Victorian conversion can be a beautiful place to live. An ex-local-authority flat can be well kept and a sound let.
It means the building needs a different kind of management from the one we have built. An older home is best served by an agent organised around reactive repairs: a deep bench of contractors, someone on call for the leak on a Sunday, and a fee that pays for all of it. That agent will look after your home better than we could at 10%, because our whole model, from the fee to the team to the systems, is set up for buildings that need less of that work.
Usually the building tells us enough: the year it was built, its EPC, how it is heated, whether there is a concierge, a few photos. When a home is clearly outside the profile, a visit would cost you a morning and delay you finding the right agent. We would rather say so now than disappoint you later.
We take on homes anywhere in London. The postcode does not decide it. The building does.
We won’t take on a home that needs a 20% service and give it a 10% one. That would be unfair to you, to your tenant, and to every landlord whose fee depends on us keeping the model honest.