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Weslo Property Management . Ashley Bryant, Manager. Mike Bruce, Chief Executive. Weslo Housing Management - background Registration 2007 Scottish Secure Tenancies only – no SATs Weslo Initiatives set up to do SATs Mid – Market Rents 2008 Increased Regulation Transferable skills
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Weslo Property Management Ashley Bryant, Manager Mike Bruce, Chief Executive
Weslo Housing Management - background • Registration 2007 • Scottish Secure Tenancies only – no SATs • Weslo Initiatives set up to do SATs • Mid – Market Rents 2008 • Increased Regulation • Transferable skills • Weslo Property Management
Weslo Property Management “A Subsidiary of Weslo Housing Management. We aim to offer landlords and tenants in West Lothian and Falkirk the highest level of customer service”
The Private Rented Sector in Scotland is changing: • Tenancy Deposit Scheme • Landlord Registration • Tenant Information Pack • Private Rented Housing Panel • The Repairing Standard
Change in Culture • Different approach to property management • Difference in the letting of property and application process • Difference in tenancy agreements • Different tenant base
Tenant Base • Working professionals • Low income families • Individuals or groups brought to the area through employment
Weslo Property Management • Newly rebranded business • Commercial feel • Management, letting and maintenance services for Landlords in West Lothian and Falkirk. • One stop shop
Full Property Management Service • Marketing through our website and recognised portals • Viewing of property, reference and credit checks on suitably matched tenants • Prepare all required documents • Inventory • Rent Collection
Pros • Established companies with good reputations • Used to dealing with tenants and letting of properties • Existing registered landlord • Financial security • Existing frame work in place
Cons • Do RSLshave the experience to deal with private tenants? • Will RSLs use my property to house social housing tenants?
Will more social landlords take the leap? “Housing associations can be part of the thriving private rented industry and help provide Scotland with a well managed and respectable rented housing sector”.