Available on both iTunes and Google Play, Mobile Landlord helps landlords to organise and manage properties on the go.
New analysis by Direct Line for Business reveals that landlords in England are witnessing a booming rental market, with earnings from rental payments in excess of £32 billion per year, or almost £2.7 billion per month.
Despite this, however, taking into account agents’ fees, taxes and unbudgeted costs such as emergency property repairs, landlords can easily pay out expenses of 25 per cent of their annual income for a property. To help landlords keep track of charges paid, ongoing expenses and to assist in calculating the yield on their portfolio, Direct Line for Business has launched Mobile Landlord. This app aims to ease the often stressful and busy lives of landlords by offering a secure and easy-to-use portfolio management tool.
The app allows users to store information on up to five properties at once. Landlords can store tenant information; important contacts, such as electricians and plumbers; as well as an integrated reminder system, which helps users keep track of rent deadlines or when to carry out utility checks. The app also features a Yield Calculator. The tool takes several variables into account, such as the mortgage details, rental income and property purchase price, providing landlords with the information to confidently estimate the expected yield they can expect to achieve on a property.
Direct Line for Business currently provide award winning Landlord Insurance for over 200,000 landlords, and will guarantee to beat the price of any other insurer whether you have one or several properties.
Direct Line for Business recognises that landlords are drawn from a wide pool of people from institutional landlords through to parents making an investment for their child. As such, alongside the functional aspects of the app Direct Line for Business has included a ‘Knowledge Centre’, which provides landlords with a wealth of information aimed at helping users get the very best from both the app and of course from their properties.
If you are a Landlord, then this app is a must-try for you and as it is completely free - what have you got to lose by giving it a go? Whether you are just starting out with your first property or whether you’ve been in the game a while already, you might just find that the Mobile Landlord revolutionises the way you manage your portfolio.
The app is now available for free on iTunes and Google Play.
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