Second Homes…. what Short Term Holiday Lets…. what we can offer you…..
Do you own a holiday rental property but don’t have the time to manage it? Or perhaps you’ve recently inherited income property but you live miles away from its location?
Are you considering purchasing a second home as a nest egg to provide an extra source of income for your retirement or your family when you’ve passed on?
If you’ve answered yes to any of the previous questions, you may benefit from the services of a property management company. A team of experts can manage the rental property on your behalf.
Property Administration and Management
Management Controls
Underpinning all the property management services is the administration activities performed by a property management company. “Plan, organise, and control” is the key to successfully scheduling and holiday home management services.
When guests do find and fall in love with your property, we handle all the inquiries, reservations, bookings, accounting, calendars, and guest relations. We also provide a social platform portal for guests to use before, during and after their stay
All the details, at your fingertips
Because we understand the numbers so well, we’re able to provide consistent, detailed financial reporting that’s easy for home owners to understand and enables them to make well-informed decisions that can help maximize the return on their investments.
Our reporting is designed to answer every question you may have about how much your property is earning for you. Every time we make a payment to a homeowner, a statement is posted to their account detailing the amount of rent collected, fees withheld, repairs made and everything in between. Every figure is reflected in the statement, which is accessible in the homeowner’s portal along with all supporting documentation. Invoices and credit notes are issued on a monthly basis
Tax Advice and HMRC Income Reporting
For home owners, although not claiming to be qualified financial accountants (advice from your accountant is always recommended too), we are more than happy to provide advice regarding their tax situation relating to any income derived. We can provide the basic guidelines of the current tax laws relating to holiday lets and where owners can benefit from saving tax.
On request, for those self employed, Kontract can also offer our services regarding the submission of an Annual Self Assessment (declaring your annual profits to HMRC online). We will already have the bookkeeping information relating specifically to any holiday-let that we manage, but their may be other external additional income from the owner which also need to be discussed on a case by case basis
Administrative Areas We Cover…
- Booking and calendar management
- Managing guest deposits and Payments
- Take care of the rental from booking until departure
- Take a refundable security deposit for every booking
- Manage the booking process, including both website and telephone sales
- Liaise with guests subsequent to booking, providing information as required
- Send confirmation of booking information and arrivals/key collection instructions
- Virtual Monthly Financial Statements
- Tax Saving legal Advice
- Bookkeeping Service / Annual Self Assessment Filing
Our straightforward, meticulous financial reports allow you to closely monitor your properties, make the right decisions for the future of your investments and provide all the forms you need come tax season
Our Services Summary
Check out an easy to follow summary of Kontract Property Management Services we have to offer you
Professional Service
Selecting the best property management firm is crucial to your success as a real estate investor / owner.
Years of Experience
With over 18 years experience in many facets of Property Management, Kontract can be trusted to help you
Based On Your Needs
We pride ourselves to ensure a controlled environment for the owner, offering bespoke packages for a perfect fit
“Successful investing is about managing risk, not avoiding it. Abnormally good or bad conditions do not last forever”
BENJAMIN GRAHAM
“Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 to Las Vegas”
PAUL SAMUELSON
“Life is inherently risky. There is only one big risk you should avoid at all costs, and that is the risk of doing nothing.”
DENIS WAITLEY
Let’s work together on securing your property
What does that mean for you? Total peace of mind and total satisfaction to our home owners and a terrific rental experience to tenants / vacationers
We pride ourselves in our customer care and satisfaction and our prime business is caring for your property or holiday rental