Zhou is an enthusiastic member of the China Desk property management team currently responsible for new build properties belonging to our growing base of Chinese landlords. He also looks after all maintenance issues and liaises with contractors to ensure our Chinese tenants have a good experience. A native Chinese speaker, Zhou has an undergraduate degree and Masters in Law which comes in handy for his role that requires attention to detail and good negotiation skills. In his spare time, Zhou unwinds at the gym, likes swimming and table tennis.
Rental demand from Chinese corporate tenants remains strong. These applicants tend to prefer high end properties, with good security (including a concierge), a high spec, good amenities and an easy commute the main priorities. Ideally they prefer to rent an apartment as close to their place of work as possible. Demand from Chinese students is also extremely high and they too prefer a new-build apartment with plenty of amenities. Some choose to share a flat while others prefer to rent alone – budgets are good and some students are happy to pay up to £700 per week.
Amongst the most popular developments at the moment are Nine Elms Points, White City Living, London Dock, Elephant and Castle and Atlas Building. Lack of stock has been a problem recently though and at times we have had to ask applicants to go on a waiting list as their chosen property let so quickly. On one occasion, an apartment completed on Friday, the first applicant viewed it on Saturday but waited until Tuesday before getting back to us - but it had already been snapped up by someone who agreed to rent it immediately. We would therefore advise applicants to let us know as soon as possible if they would like to rent a property they have just viewed as most properties are letting incredibly quickly. Chinese investors continue to show a great deal of interest in London property. Brexit means that property sales remain subdued, and with sterling still weak against other currencies, many see this as a great opportunity to invest.
Several unique benefits allow our China Desk to stand out from our competitors:
You are assigned a dedicated account manager as your main point of contact right from the start who will walk you through the entire process.
Some important parameters (company and employee) will need to be set before arrival in London, including:
Using the above criteria, we will narrow our search and provide a list of suitable easy- to-reach properties for viewing. We will then escort you to the viewings as we can then also point out key amenities and transport hubs.
After a property has been chosen, we will negotiate the best terms, ensuring that all the specific company requirements are fully met.
We will then subsequently draw up the tenancy agreement (or, if required, use the pre-existing company document), register the deposit with an appropriate scheme if the tenancy is in the employee’s name and complete all other necessary documentation required under UK law.
We can assist with certain mundane, yet unavoidable tasks such as inventory checks and the management of utilities prior to moving in. Electric, gas and Council Tax accounts can be set up and appliance instructions supplied.
A fully managed property ensures that maintenance issues are kept to a minimum and that tenancies are problem-free. Two thirds of our properties have opted for this service.
Your dedicated account manager is just phone call or email away.
As their tenancy period comes to an end, a good number of our corporate clients choose to renew their agreements. We will be on hand to negotiate a new contract or, if required, to acquire a new rental property on your behalf.
When a tenancy does come to an end, we are on hand to recommend professional cleaners and, if required, to attend any inventory checks.
A smooth end to a tenancy agreement is in everyone’s best interest, so after the inventory check-out is complete, we will ensure that any reasonable deductions are made by the landlord with a view to returning your deposit as soon as possible.
We offer a choice of additional resources for HR professionals including:
We strongly feel that the best business outcomes are based on established partnerships and with this in mind, we continually strive to give the best long-term advice and assistance attainable.
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