Important Information For Letting Agents: The Fixflo Report 2015

The 2015 Fixflo Report has shown a marked improvement in repair management by letting agencies across the UK but it highlights that they are still losing clients due to poor repair management processes.

This year the Fixflo Report was supported by the Association of Residential Letting Agents (‘ARLA’) and combined results from a survey of more than 250 letting agencies (covering more than 750 branches) with data from more than 70,000 repairs in UK properties that have been handled through the Fixflo repairs system in 2015.

The results show both threats and opportunities for letting agencies across the UK.

Key Findings 

  • 85% of repairs are completed within a week
  • 46% of property managers know a landlord who has switched agency due to a repair related issue
  • On average each property requires 3 repairs per year
  • On average each repair takes 90 minutes of staff time to resolve
  • One third of repairs are reported out of hours
  • Repair requests in Polish outnumber those for the next four languages combined

While landlords may still be voting with their feet when repairs go awry, in positive news for the industry the results indicate an 8% fall in landlords leaving agencies due to repair issues compared with the results from The 2014 Fixflo Report.

CALCULATE YOUR COST OF REPAIRS HERE

FIND  OUT ABOUT CHANGES TO REPAIRS AND SECTION 21 FROM OCTOBER

Alex Evans

You May Also Enjoy

Estate Agent Talk

Understanding House Value in the UK: A Simple Guide

Everyone talks approximately assets expenses, from the records headlines shouting about the contemporary marketplace traits for your friends debating whether or no longer now is the proper time to shop for or sell. It might possibly appear to be a jumble of numbers and possibilities, but at the heart of it, knowledge house cost isn’t…
Read More
Estate Agent Talk

What does latent defects insurance cover?

When a building is insured during the construction phase, coverage doesn’t necessarily end once the final brick has been laid. Failures and problems with design and workmanship can go unnoticed for several months or even years, leading to larger issues while someone occupies the building. Fixing such large structural defects can be extremely costly, so…
Read More
Breaking News

Breaking Property News – 24/04/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Smart Spaces delivers the world’s first implementation of HID’s mobile credentials in Google Wallet at Workspace Mobile access control integration makes entry to The Light Bulb building effortless for customers London, April 23, 2024 – Smart Spaces announces today that it has partnered with trusted identity provider,…
Read More
Love or Hate Rightmove
Breaking News

An average rate of 6% for the first time since November – Rightmove’s weekly mortgage tracker

Headlines The average 5-year fixed mortgage rate is now 4.89%, up from 4.45% a year ago The average 2-year fixed mortgage rate is now 5.29%, up from 4.75% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.82%, up from 4.42% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.36%, up from 4.15% a year ago The average monthly mortgage payment on…
Read More
Property for sale
Estate Agent Talk

Understanding Property Valuation: A Simple Guide

Ever asked your self, “How a amazing deal is my house simply simply well worth?” Whether you’re thinking of promoting, thinking of searching for, or just simple curious, identifying a property’s rate can experience like navigating a maze without a map. Yet, do not agonize. This sincere guide will stroll you via the necessities of…
Read More
Love or Hate Rightmove
Breaking News

Aberdeen is cheapest city to be a first-time buyer

New analysis reveals that Aberdeen is the cheapest city to be a first-time buyer with an average asking price of £102,602: The average monthly mortgage payment for a first-time buyer in Aberdeen is £406 per month, assuming the buyer has a 20% deposit, and a mortgage term of 35 years Data from UK Finance shows…
Read More