6 Essential Apps and Software for Property Management
Did you know that property management fees in the UK range from 5% to 15% of the monthly rental income?
So, do you want to save on your revenue cut?
If yes, then how do you manage your property portfolio?
That’s where you can choose professional software for property management.
But choosing one based on your requirements can be overwhelming, given the hundreds of apps and software available in the market.
So to ease your pressure, here’s a list of tools to manage property.
Best Property Management Apps and Software in the UK
Our team has finalised a tailored list of professional tools that can help you enhance the efficiency of your business operations.
Here are the top tools:
TallyPrime
Free Demo: Available
TallyPrime is a comprehensive business management tool designed to streamline critical operations such as tax compliance, accounting, inventory management, banking, and payroll.
The tool is ideal for UK landlords as it simplifies financial tasks and property management with features like mobile app access and API integration. You can also maintain complete control over your property investments efficiently.
Landlord Vision Software
Free Trial: 14 days, no payment details required
Landlord Vision is a top-rated, cloud-based property management software that supports UK landlords managing anywhere from 1 to 500+ tenancies. The tool is perfect for every day and portfolio landlords who need remote access to their accounts from any device. It includes comprehensive features to manage properties or rooms, making it ideal for HMOs, student accommodations, and multi-lets.
Its key functionalities include:
- Keeping all property-related information in one place
- Managing utility suppliers and readings
- Securely storing property images and documents
- Tracking keys
- Setting up automatic reminders for property-related tasks
The software provides detailed financial insights into each property and is compatible with Making Tax Digital.
Property Portfolio Software
Demo: Available on the website
Property Portfolio Software is a robust desktop solution ideal for portfolio landlords and letting agents who prefer a traditional software setup. Its system is designed to be installed on up to five Windows OS computers for local data backup.
It offers a full suite of property management features, including:
- Tenant and rent management
- Full property oversight
- Generation of tax reports and legal documents such as ASTs and Section 21 notices with just one click
It also includes a mass mail merge and emailing solution to facilitate communication with tenants and suppliers. The software can be purchased either outright, with a 90-day money-back guarantee, or on a flexible monthly subscription basis without a minimum term contract.
Property Hawk Landlord Software
Price: Free
Property Hawk Landlord Software is a free online tool designed specifically for landlords with a smaller portfolio. While it’s praised for providing essential landlord forms like tenancy agreements at no cost, the software’s user experience has been described as outdated.
Users have reported that tasks like adding new properties or tenants involve filling out multiple, lengthy forms, which could be streamlined for efficiency. Property Hawk remains a functional option if you are on a budget as it offers all the basic features needed to manage rental properties without financial investment.
Smart Property Manager
Price: Free (with premium versions available)
Smart Property Manager is a web-based application for landlords managing 1 to 10 properties. While it offers a free version, there are also premium upgrades for those needing more advanced features.
The free version is well-suited for single landlords and includes a range of functionalities, which can be explored in detail through screenshots and descriptions on the software’s feature page.
Like other free software, Smart Property Manager doesn’t offer the most modern or intuitive design, but it provides a solid foundation for property management without cost.
RMS Cloud
RMS Cloud is a versatile property management system designed to streamline the management of multiple properties from a single interface. The software solution provides apartment managers and owners complete control over every aspect of property management.
Some of its features include:
- Mobile App: Access and manage your properties on the go.
- API Integration: Seamlessly connect with other systems and software.
- Material Management: Easily handle logistics and inventory with tools designed for reporting and tracking
Although these tools can minimise your burden, professional help can handle multiple other aspects associated with property management.
Pluxa Partners Got You Covered
Relying on professional property management software is great, but choosing best-in-class property management services can significantly ease your burden of managing your rental property.
We at Pluxa Partners offer a comprehensive approach to cover everything from effective marketing strategies to ensuring your property reaches potential tenants.
We can help you list your rental property on our platform and provide end-to-end assistance to improve your ROI. Our professional property management team can manage your rental property portfolio’s day-to-day operations so you can focus on important tasks.
Our service range includes screening for quality tenants, lease management, rent collection, and conflict resolution.
So, don’t you want to optimize your rental operations and achieve greater peace of mind?
If yes, contact our team to share your requirements and accomplish your desired goals.
FAQs
How can small landlords manage properties effectively?
Small landlords can manage their properties effectively by using modern property management software and hiring professional help. Here are some key tips:
- Use property management software.
- Automate management tasks.
- Consider professional help.
- Stay legally compliant.
- Communicate effectively with tenants.
- Conduct regular inspections.
Peter Juhasz is the founder of Pluxa Property, the biggest property investment company in UK and Group CEO of AIP Capital Group and a property investment expert with over a decade of experience in the UK market.
He built a successful property company using innovative cashflow strategies like Serviced Accommodation and HMOs, scaling to 200 units in four years.
Peter leads a team specializing in property and business acquisitions across various sectors. A former co-host of “Cashflow With Property,” he shares his expertise in real estate investing and business scaling.
He is committed to continuous learning and helping SME owners and investors maximize their returns, driven by his passion for empowering others to achieve their financial goals.
To learn how Pluxa Property can help you in UK property investment, contact our experts.