What is Property Management?

🏘️ What is Property Management – And How Can It Help You as a Landlord?

Being a landlord can be extremely rewarding (especially given the significant rise in property values and rents in recent years in Manchester!) – but also incredibly demanding. From dealing with late-night maintenance calls to navigating ever-changing legislation, managing rental properties requires time, knowledge, and commitment. That’s where property management comes in.

Whether you’re a landlord with a single buy-to-let, several HMOs, or a portfolio of properties across Manchester, having the right support in place can transform your experience of property ownership. This post explains what property management is, how it benefits you, and how Novellus Property Management can step in to make your life easier.


🔍 So, What is Property Management?

Following on from our summary on the homepage: Property management (companies) manage the day-to-day running of a rental property on behalf of the owner. It covers everything from marketing the property and vetting tenants, to rent collection, property maintenance, legal compliance, and handling tenant queries.

Think of a property manager as the middle person between you and your tenants – there to protect your investment, keep things running smoothly, and free up your time.


🧰 What Does a Property Manager Actually Do?

We’ve tried to summarise a deeper insight into the services typically included in property management:

1. Tenant Sourcing & Referencing

Vacant properties cost money. A property manager markets your property on the right platforms, conducts viewings, and vets tenants through referencing checks – attracting and ensuring reliable tenants, quickly.

2. Rent Collection & Arrears Management

No more chasing rent payments. Property managers collect rent, issue statements, and manage arrears or payment plans if needed.

3. Property Maintenance & Repairs

From dripping taps to emergency boiler breakdowns, a management company coordinates and oversees repairs using trusted contractors – saving you time and hassle.

4. Legal & Compliance Oversight

Letting and managing a rental property comes with a raft of legal responsibilities. Property managers stay up to date with laws around gas safety, electrical checks, deposit protection, and more, ensuring your property remains compliant and your risk of fines is minimised.

5. Tenant Communication & Conflict Resolution

All tenant communication is handled professionally – whether it’s a maintenance request, or a neighbour issue, leaving you free from daily involvement.

6. Inspections & Reporting

Routine property inspections help catch issues early and protect your investment. Managers provide detailed condition reports with photos and recommendations to ensure your property’s condition remains optimal.


🎯 Why Landlords Choose to Use a Property Management Company

Property management isn’t just for first-time landlords. In fact, it’s often the most seasoned investors who rely on management services to streamline operations.

You might benefit from working with a management company if:

  • You’re busy with a full-time job or other commitments.

  • You live outside of the area your rental properties are in, whether it be elsewhere in the UK, or overseas.

  • You’re building a portfolio and need to scale without stretching yourself thin.

  • You’re tired of hands-on involvement and want a more passive income experience.


🏙️ Why Work With Novellus Property Management in Manchester?

At Novellus Property Management, we specialise in managing standard buy-to-let properties and HMO (House in Multiple Occupation) properties across Manchester and Greater Manchester. Our service is built around helping landlords step back while we take care of the details.

Here’s how we can support you:

✅ Expertise with Buy-to-Let & HMOs

Managing an HMO is different from managing a single property/tenancy. We’re experienced in both, with an in-depth understanding of local licensing, compliance, and tenant dynamics specific to HMOs.

✅ Hands-Off, Hassle-Free Approach

We handle everything from tenant sourcing and referencing, to regular cleaning, inspections and maintenance – so you don’t have to.

✅ Ideal for Remote or Overseas Landlords

We’re local, responsive, and proactive, with real-life experience as landlords in the area – we know the market well.  Perfect if you’re based outside Manchester or even overseas. We’ll act as your eyes and ears on the ground.

✅ Transparent, Professional Service

We provide regular updates, detailed financial reporting, and a personal service tailored to your needs – not just a one-size-fits-all solution.


Our Services

At Novellus, we offer three main management services:

  1. Lettings – Sourcing the ideal tenants
  2. Rent Management – Managing rent collection and an annual rent review
  3. Fully Managed – The full management service explained within this post

See our Property Management page to compare the three services side by side, and in more detail.


Ready to Take a Step Back?

Whether you’re tired of the hands-on responsibilities or you’re looking to expand your portfolio without adding more to your plate, professional property management could be the key to a smoother, more rewarding investment journey.

Novellus Property Management is here to help you manage your property the smart way – so you can enjoy the benefits of rental income without the stress.

📍 Based in Manchester, we’re perfectly placed to manage your buy-to-let or HMO investment.

Contact us today either via our contact form, or give us a call, to discuss how we can assist you to achieve your investment property management goals!

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