10 Best Property Management Software UK

You may be aware that real estate can be a significant investment. Maintaining a portfolio of rental homes can quickly become too much to handle. Landlords and property managers must identify and vet tenants, collect rent, handle maintenance, and keep detailed records of their costs and income. However, there is well-liked property management software designed to simplify this task. The best answer is to use property management software to streamline a property manager’s tasks and keep all necessary data organised. The finest software for this profession helps landlords and property managers find tenants for vacant homes, check the credentials of possible tenants, collect rent, and handle maintenance issues. It can also be used as an accounting and financial software to track the revenue and costs associated with rental properties. Here are the lists of ten best property management software in UK:

1. Re-Leased

Software for managing re-leased properties is made specifically for landlords and property managers with mixed and commercial property portfolios. Users of the interactive dashboard can manage upcoming tasks and analyse analytics based on real-time data, including reports on profit and loss and the highest-earning leases or occupancy rates for specific buildings. The details on any tenancies about to expire, rent reviews coming up, or property maintenance needs can also be adjusted to add task reminders.

Re-Leased also offers automated fee charging for percentage and flat fees and the ability to create and email work orders to contractors for any necessary property maintenance. The new inspection hub is made to summarise scheduled inspections in a single, simple location.

2. IEstate

Property developers, lease management companies, and other real estate organisations can use iEstate, a cloud-based real estate property management software, to manage sales, contracts, contractors and subcontractors, facilities, and other aspects of real estate. The technology uses geocoding and interactive Google Maps to give users 360-degree visibility into properties and customer preferences.

Through a centralised interface, property owners may schedule and monitor maintenance tasks as well as manage property history, cost data, and designs due to the facilities management functionality in iEstate. Numerous functions are available, including rent and lease administration, project accruals, payment certification, and workflow management. Businesses can utilise the application’s leasing and rental management features to monitor agent activity, payment schedules, and residential, commercial, and rental contracts.

3. PayProp

A cloud-based property management software tool, PayProp, was created to let agents gather, total score, and distribute rental payments for the properties they manage on time and to the appropriate parties. The technology behind PayProp is made to give real estate agents more time to focus on what matters. Automated payment administration, audit tracking, arrears management, and reporting are essential.

4. Buildium

Buildium is a cloud-based property management tool that enables owners and managers of residential and association buildings to fully oversee every aspect of their operations, including rent, vacancy, and maintenance cycles.

Real estate agents and property managers can use Buildium’s accounting, business operations, lease management, and benefits management functions. Buildium can be used by residential property owners to handle various rental management tasks, including managing electronic leases, tenant screening, tenant communication, and contract renewal. Residents can submit maintenance requests using the tenant site, pay bills online, and receive messages or updates from their landlords.

The Buildium platform also has other capabilities, including document storage, property inspection management, tracking renters insurance, rental application administration, and more. People that oversee commercial rentals, organisations, student housing, or affordable housing can use it.

5. Yardi Breeze

Yardi Breeze is property management software made to make it simple for residential and commercial companies to organise and manage their activities online. For residential, commercial, and affordable housing, PHA, manufactured housing, condo, HOA and associations, and self-storage facilities, Yardi Breeze Premier delivers all the functions that Yardi Breeze does, in addition to more advanced systems. Residential real estate agents can manage tasks using a calendar and interact with clients and residents via a single interface. Additionally, it enables managers to filter candidates to streamline the move-in process, display available apartments, and monitor corporate ledgers. By centralising procedures for owner onboarding, financial reporting, rent collecting, resident eligibility verification, renters insurance, and other tasks, administrators of affordable housing may manage affordable housing units.

6. MRI Software

MRI Software provides real estate software applications and hosted solutions, which also offer a connected cloud-based environment and a customisable technology platform. MRI’s offerings range from investment modelling and analytics for the worldwide commercial and residential markets to property-level management and accounting to satisfy the various needs of real estate owners, operators, occupiers, and investors. Platform X, MRI’s flagship SaaS suite that centralises property data with secure Single Sign ON (SSO) functionality to access a range of connected modules, is one of the solutions offered. This component includes financial accounting, real estate lifecycle management, automated residential and commercial leasing, retail, leasing CRM support, tenant portal provision, and reporting and analytics capabilities.

7. Elina

Elina PMS, a property management software, aims to make it simpler for lodging establishments like hotels to expand. Serving hotels, serviced residences, and vacation rentals all around the world is something it does. In order for the customers to grow their direct bookings and make operations simpler for them, for software solutions, digital marketing, and custom websites that match your booking engine.

Elina believes in assisting lodging establishments to improve their marketing and innovation. The goal is to simplify expansion for hotels and other lodging providers so they can concentrate solely on their guests. 

8. Magarental

For property owners with many units, MagaRental is a cloud-based solution for managing their short-term rental bookings. The software mostly serves European clients and is appropriate for small and midsized property owners. Property owners can offer their properties to potential tenants and handle all business related to online reservations using MagaRental.

MagaRental offers specialised tools for creating dynamic rental property websites, listing property data with pictures and videos, descriptions of the rent, and terms and conditions for making reservations. Property owners may then manage booking requests, reservations, billings, payments, and other associated activities through their customised property website. A property’s online presence is increased, and site functionality is improved due to the integrated SEO module.

To effectively communicate with their clients, property owners can launch various marketing campaigns through email and social media channels. For integrating the solution with other online services, the solution additionally offers a custom XML API. On the dynamic calendar, accepted reservations are displayed next to open spaces for taking new reservations. Additionally, property managers can manage several individually tailored calendars for each property while also syncing calendar information with their Google account.

MagaRental works with a number of online travel agencies, including Booking, HomeAway, Holiday, and TripAdvisor. Users may handle booking requests from a single central portal and post their property information on these third-party channel partners. Property owners can oversee booking operations from their mobile devices thanks to native mobile apps that MagaRental is developing for Android and iOS.

9. Mycloud PMS

Mycloud PMS is a cloud-based property management system for chain and independent hotels, inns, guest houses, and motels. Users of the software can manage bookings, guest check-ins and check-outs, room pricing and availability, contracts, housekeeping, accounts receivable, reporting, and more.

Mycloud CM, a channel manager for external reservation sites, interfaces directly with mycloud PMS, and mycloud IRS enables customers to make reservations through their hotel’s website. Mycloud IRS allows users to accept reservations directly at the hotel using the built-in reservations feature. No matter how many various distribution channels are in use, a single inventory is offered across all of them to avoid overbooking. Guest check-in and check-out, room assignment, the printing of reservation cards, walk-in management, billing, and other features are all made possible by integrated front desk management software. Demographic data, visit histories, and preferences can be retained for recurring visitors to provide more individualised service.

Mycloud PMS allows users to manage hotel rates and availability, supporting a variety of room types, day and seasonal rates, and add-ons like meal plans or other services. Contracts can be made to provide special rates to travel agencies, tour operators, and other businesses, and history can help users form future contracts with appropriate pricing suggestions. It is also possible to manage housekeeping, receivables, transaction audits, and reporting, as well as the generation of emergency reports in the event of a system failure.

10. Alphaletz

For busy landlords with numerous properties, there is a system called Alphaletz that manages properties. Both a desktop and mobile app are accessible. Rental property enterprises can be streamlined and organised using Alphaletz without spending hours on administrative labour. It is free for the first property and easy to use. By keeping track of everything from tenants, suppliers, properties, rent arrears, compliance, setting up utilities, creating paperwork, tracking safety information, and more, the system is intended to help landlords cut costs and save time. With secure access from anywhere on any device, all data is kept in the cloud. The cloud synchronised every functionality for online and mobile access.

Final Thoughts

For property managers, back office, financial, and operational tools are automated by real estate property management software. Real estate brokers may track tenant information, open positions, and leases on rental homes, commercial properties, mobile home parks, storage facilities, and homeowner associations due to property management systems. The above listed are the top 10 best property management software in the UK.