Summit Management

Summit Management functions as a specialized agent for House of Multiple Occupation (HMO) and Residential Property Management, serving the regions of Merseyside, Surrey, and West Yorkshire. The company collaborates with property owners to establish secure shared residences for professional tenants, in addition to managing single-let properties for families of varying sizes. Summit Management oversees all aspects of the letting process, which includes comprehensive property management services, property acquisitions, and disposals. The firm aims to ensure that landlords' investments are handled with care, while tenants are provided with a high standard of service throughout their occupancy.

The firm's specialized HMO management services were initially introduced to offer an alternative to sole tenancies across Merseyside, Surrey, and West Yorkshire. Under the ownership and management of Director Shaun Farrar, Summit Management drew upon decades of experience within the property management industry. The initial strategic decision was to focus exclusively on shared HMO properties, with the goal of making renting more accessible to individual tenants. This approach recognized the challenges presented by contemporary housing shortages and the increasing difficulty for individuals to afford single-income rentals or to find suitable co-tenants for joint tenancies.

By partnering with landlords, Summit Management developed an alternative that helps more tenants secure high-quality homes without facing significant financial strain. Following a period of successful HMO management, the company observed that tenants frequently sought individual residences as their personal circumstances evolved. Concurrently, landlords who were aware of Summit Management's proficiency in HMO management regularly approached the firm for assistance with their single-let properties. In response to these developing requirements, the company expanded its service portfolio to encompass single-let properties.

This expansion enables Summit Management to provide safe and affordable homes, while also ensuring a secure return on property investments for a broader base of tenants and landlords. An in-house team is available to manage all maintenance and repairs on a 24/7 basis, offering continuous support. For landlords, Summit Management provides a full and comprehensive array of sales and letting services, designed to facilitate confident property letting, as well as the identification, acquisition, and disposal of high-potential single and HMO properties. The letting management services include accurate rental valuations, extensive multi-platform marketing, and adherence to local authority HMO licensing requirements.

The company also handles gas and electricity certification, HMO compliance management, property viewings, and thorough tenant vetting. Further services encompass the drafting of tenancy agreements, efficient rent collection, regular property inspections, and the collection and registration of deposits with the Deposit Protection Service (DPS). The firm provides client money protection, manages repairs and maintenance, conducts inventory checks, and oversees rent reviews and tenancy renewals. Additionally, Summit Management assists with the issuance of Section 21 notices and offers a 24/7 emergency call-out service.

Beyond its core letting management, Summit Management offers a rent guarantee scheme, providing landlords with insurance for assured rental income. To aid in property preparation, the company supplies furnishing packs, which include furniture, soft furnishings, and kitchen equipment. The firm leverages its bulk buying power to offer affordable, high-quality, and legally compliant options that can enhance rental value. The company's acquisition services assist landlords in identifying and sourcing rental properties, granting access to off-market opportunities through its network of vendors.

For property disposals, Summit Management provides a complete sales and marketing service, connecting landlords with a database of registered investors for efficient transactions. For tenants, particularly those residing in HMOs, the company offers fully managed properties with legally compliant tenancy agreements. Tenants benefit from a property management app that allows them to raise and track issues, manage payments, access documents, view general information, check inventory, monitor utilities, receive notices, and request tenancy changes or extensions.