It was only a matter of time before the Internet entered the property management game. Web-let is targeted at Irish investors who own or are buying well maintained residential property in central London. It offers an online property management service for a fixed fee of £60 per month to Irish owners and prospective investors.

The website www.web-let.ie, offers fixed-fee schemes to landlords when they rent a property. The company claims to charge less for the service than the 6 per cent normally charged by a conventional estate/letting agents. Rent is collected through an AIB direct debit and the firm makes use of e-mail for communication with clients. Optional insurance against rent arrears is also available.

Web-let has a maintenance division which carries out major and minor repairs and deals with emergencies.