Technology never sits still, and these shifting tides mean that industries need to evolve and grow alongside it to meet consumer expectations. As a result, the world of property management is rapidly progressing.
Today's renters increasingly expect tech-enabled solutions that offer convenience, security, and efficiency in their homes. For landlords, integrating the right tech can help to meet these demands and simplify day-to-day property management. Here are some of the top technologies helping landlords stay ahead.
Smart locks provide a convenient, secure solution to the traditional key. Tenants can unlock doors via smartphone apps, and landlords can revoke access when tenants move out or issue temporary access codes for maintenance workers. These locks also track entry and exit times, giving landlords added oversight without being intrusive. Systems like Yale offer options that can integrate with existing locks seamlessly, enhancing both convenience and security.
Energy costs are a concern for both tenants and landlords. Smart meters monitor electricity and gas usage, allowing tenants to better manage their consumption while providing landlords with insights that can prevent disputes over bills. With built-in automotive tools, landlords can adjust temperatures remotely to prevent issues like frozen pipes during colder months.
Security remains a top priority, and smart security systems provide an accessible way to monitor properties. Video doorbells and security cameras allow landlords to monitor entry points, record activity, and receive instant alerts if suspicious behaviour is detected. For vacant properties or when tenants are away, these systems offer peace of mind and help deter potential security issues.
Moisture-related problems, like damp, can lead to costly repairs if left unchecked. Smart sensors that track humidity and temperature can alert landlords if levels rise to concerning points. These allow landlords to monitor environmental conditions remotely, enabling proactive maintenance and reducing the risk of expensive damage.
Virtual tours offer prospective tenants a comprehensive property view from anywhere, reducing the need for in-person showings and speeding up the rental process. By using digital viewing platforms, landlords can showcase properties to a wider audience, reaching potential renters who might not be able to attend in-person tours.
Digital tools like Landlord Vision streamline property management, offering task tracking, expense management, and tenant communication tools. These apps centralise information and provide landlords with a clear way to oversee multiple properties, making everyday management more efficient and reducing paperwork.
Incorporating these technologies not only aligns with tenant expectations but also helps landlords manage properties more efficiently. With a mix of convenience and oversight, the latest tech innovations are reshaping the rental landscape, helping landlords provide safer, smarter homes.
Landlord insurance provides cover specifically for renting properties, including loss of rent cover and property portfolios. For more information visit our dedicated landlord insurance page or call us on 0344 892 1664. Read more landlord specific detail on our dedicated page.
We provide landlord insurance for a wide range of properties and tenants including multi occupancy, students, local authority placements, unoccupied and much more. See our landlords insurance page or call 0330 828 1709 for more.
Alison Wild BCom (Hons), FMAAT, MATT, Taxation Technician is a highly respected industry professional who has been working with and advising SMEs in areas including tax, pensions, insurance and marketing for over 25 years. She is a fellow member of the Association of Accounting Technicians (AAT) and member of Association of Tax Technicians (ATT). She also has over 25 years' experience as a residential landlord.
The information contained in this article is based on sources that we believe are reliable and should be understood as general information only. It is not intended to be taken as advice with respect to any specific or individual situation and cannot be relied upon as such.
Date: November 13, 2024
Category: Landlords