Manchester Property News

David Boyd, Managing Director, PAD4U Letting Agents Manchester writes:

2009 has certainly been an eventful year! It’s not many years where the housing market frequently makes the front page story of all major newspapers week in, week out.

The property market is not immune to the ups and downs of any other marketplace. And those who do not do their homework can certainly get their fingers burnt (being a landlord is not a one way ticket to riches). But property has over the long run been a good investment and will continue to be so.

It was a big year for PAD4U. We’ve worked harder than ever to ensure your properties are let and managed effectively. And whilst we’ve seen many competitors fall by the wayside, we’ve worked hard to strengthen our position and to ensure security of both our landlords and tenants.

Some of the achievements made in 2009:

· Association of Residential Letting Agents (ARLA) Standard. PAD4U updated it’s accountancy practice to meet the more rigorous standards of ARLA and increased our insurance so that no landlord will ever lose money should the unthinkable happen.

· FMB MasterBond and Trustmark. FMB examined 7 of our recent projects and our accounts and administration and duly awarded us with the MasterBond/Trustmark award. This means we can offer FMB 10 year insurance on extensions/major building works, which are valid even if Peter Anthony Developments is not around which of course it will be!

· Direct Debits. After over 6 months of demonstrating our financial strength to the banks (ironic as that is). We are now able to setup Direct Debits for rent payments direct with the Banks which will assist in keeping Landlord’s payments as regular as possible and streamline administration. (starting 2010)

· More properties and Lettings than every before. As our competitors have let down landlords so they have come to us as a reliable long term agent to do business with. PAD4U are now managing more property and letting more houses than every before.

It only remains to say thank you for your business and that we aim to do even more to assist our landlords in 2010!