Irish investors had better get their high-tech act together if they want to avail of London's newest fixed fee property management service. Web-let hopes to attract Irish people who have been buying property in London, but an e-mail address is the first requirement by the company since information technology is at the core of its operations. Online access will make decisions easier, it is claimed, meaning presumably that you can turf out a tenant by e-mail, no less.
Web-let offers a flat rate of £60 sterling a month to manage a property. The company claims that compared to the average 6 per cent charged by other management agencies, any property with a rent greater than £250 stg a week is guaranteed to make savings.
The hub of the company's accounting service is that rents will be collected by direct debit - and investors must have bank accounts in either the UK or the Channel Isles. Web-let can be contacted at web-let.co.uk