Reka Property Management Ltd

Reka Property Management Ltd was established in 2006 with the aim of offering an alternative to conventional property management and development companies. The firm focuses on assisting clients in building personal and financial foundations for themselves and their families. Since its inception, the company has maintained a mission to provide innovative property solutions coupled with bespoke personal service. This approach is rooted in traditional values of integrity, honesty, and reliability, combined with an appreciation for property, design innovation, and in-depth local knowledge.

Reka Property Management operates primarily on referrals and repeat long-term clients, indicating a business model built on client satisfaction and trust. The company provides lettings and management services at a low cost, distinguishing itself by eliminating tenant administration fees. It also offers cost-effective, innovative, and high-quality development solutions for its investor clients. Reka Property Management positions itself as more than just a letting agent, drawing on its own experience as landlords and property investors to understand the priorities of its clients.

The firm is committed to proactive property care, which includes finding suitable tenants, conducting ongoing maintenance inspections, and providing timely notifications for routine maintenance to reduce the occurrence of emergency repairs. A significant area of expertise for Reka Property Management is the conversion of existing single-dwelling houses into Houses in Multiple Occupation (HMOs). The company specializes in an end-to-end HMO service that encompasses planning, developing, setting up, and managing these properties. This specialist development service aims to transform older single dwellings into modern, practical, profitable, and compliant multi-let properties, delivered on time and within budget.

The company highlights that clients who convert their properties into HMOs through their services have seen a substantial increase in monthly rental income, often ranging from three to five times the previous return. Reka Property Management offers a comprehensive HMO Management service designed to handle the specific nature of short-term tenancy periods often associated with HMO properties. This service includes accurate room rental appraisals, effective HMO marketing, pre-screening and referencing of potential tenants, and the preparation of multiple tenancy agreements. The firm also manages repairs and maintenance, provides 24-hour emergency call-out services, and handles aspects such as fire alarm testing, communal area cleaning, waste refuse management, and garden maintenance.

Furthermore, the company assists with HMO property licensing, managing the application or renewal process with local councils and ensuring properties comply with regulations regarding safety, condition, and amenities. Operating as a local and privately owned business based in North London, Reka Property Management emphasizes delivering excellent bespoke customer service to tenants, landlords, and investors alike. The company's web-based operational model contributes to fewer management layers and reduced overhead costs. This structure allows the firm to be agile in problem-solving, solution creation, and innovation, ultimately passing on cost savings to its clients.

The company's vision extends to being a market leader in providing ingenious, innovative property solutions globally where housing shortages exist, aiming for alternative housing models that clients can be proud to call home. In line with this vision, Reka Property Management offers emergency accommodation to local authorities for homeless families and donates a portion of its profits annually to Shelter, reflecting a commitment to social responsibility.