17/11/2023
Author : Mary-Anne Bowring
It's been more than 3 years since Ringley, creator of Planet Rent last won this most coveted of awards in property, but they did not stop there. A mixture of instinct and foresight led them to bring forward a game-changing homegrown Build to Rent Portal and Residents App–and they are about to release it to every landlord and every Letting Agent, everywhere FREE. Ringley Group was picked from 12 shortlisted companies last Thursday night to win in the most competitive category ‘Property Manager of the Year’.
“It is constant and extremely hard work keeping thousands of residents happy daily in the leasehold sector,” says CEO Mary-Anne Bowring. “we expect to increase this service effort 20-fold when it comes to operating blocks in the new Build to Rent sector. Not only do residents pay for and expect super-high levels of service for the rent premium they pay in bespoke high-end rental complexes, but the institutional investors are also demanding and need to ensure leakage is minimised for their yields to stack up and achieve viability.”
There’s no point pretending that if you can rent a property that makes you a build-to-rent expert, site staff are the new lettings agent, it takes modern tools to build community and the operators head office has to prove they can manage risk–all in a new transparent way. Ringley recognised this early on and developed an end-to-end app to re-craft the key parts of the lettings experience, streamlining move-in, contracts, repairs, welcome, utilities, and events processes whilst getting rid of the paper and slashing the admin time and costs which plague the industry.
Their aptly named Planet Rent app is to be made available to the wider private landlord market and all Letting Agents too. With Planet Rent the tenant fees ban problem is already solved–the app is free with contracts on a pay-as-you-go basis. Our 15-strong house IT team alone deserves this award for the relentless hours and sweat they have put into this unique offering... the Tweets, Tweets, and Linked likes (with strong praise and personal messages from competitors and clients alike) are a testament to what Ringley has achieved - a massive well-done team Ringley!
In 2017, Ringley took its BTR capability to the next level. According to the company, it is the only managing agent to bring forward a ground-breaking BTR model, building on 20 years estate management experience and culminating in its 150-page BTR Guide. Ringley's vision is to help create a new asset class, akin in community to student living, but with the brand consistency of, say, Premier Inn. Judges praised the modern approach and strong growth.
Lease Extension, FH and Right to Manage