Young Group

Young London Named Lettings Agency of the Year at Prestigious UK Property Awards

Press Release   •   Nov 02, 2011 16:34 GMT

(London, UK):  The results of the UK Property Awards have just been announced, putting a chosen few leading companies firmly in the limelight, both nationally and internationally.

Young London is one of the proud winners after being awarded five stars in the Lettings Agency category. They were later named overall UK winner at the ceremony on Friday October 28th. The United Kingdom’s premier estate agents gathered at The Lancaster London Hotel, Hyde Park, for the announcement of the winners of the hotly contested UK Property Awards in association with Bloomberg Television and Google. 

These awards, combined with the other regional awards’ programmes for Arabia, Europe, the Americas, Africa and Asia Pacific, form the globally renowned International Property Awards. Established 17 years ago, they are the world’s most prestigious property competition and cover residential as well as commercial categories.  Judging is carried out through a meticulous process involving a panel of over 80 experts and covering every aspect of the property business. 

President of the International Property Awards, Stuart Shield, says, “I enjoy having the chance to meet some of the UK’s finest estate agents who, in spite of facing real market challenges, have been able not only to meet them but also to excel over them.” 

Neil Young, CEO of Young London and Young Group, says of the awards: “It’s fantastic that our focus on customer service has been recognised once again, particularly at such a high level, and comes hot on the heels of having secured Business of the Year, Best Business for Innovation and Best Small Business accolades from HSBC earlier this summer. 

“The Young London team is rewarded via customer service bonuses rather than on transaction commissions; being a finalist in the UK Property Awards is additional proof that it’s an innovative approach to business that reaps rewards.” 

-ENDS-

About Young London 

Young London (www.younglondon.co.uk) is not a typical lettings agency.  It is part of Young Group (www.younggroup.co.uk), which has been investing, financing and asset managing property within the private rented sector since 2003. 

Run by accountants and surveyors rather than estate agents, all of Young London’s rental property is also fully managed, providing landlords and tenants with the security that their property will be exceptionally well maintained.  From two London hubs (Canary Wharf and Southwark), Young London’s multiple award-winning team lets and manages property across the capital’s travel zones 1 and 2, typically renting from £300 per week upwards, housing around 900 tenants. 

In a self-regulated industry, Young London is proud to be actively driving enhanced standards and providing ‘amazing service’ is inherent in all we do.  It’s reflected in our low void periods, the high number of tenants and landlords who refer us and our high rate of tenancy renewals.  Young London is also a founding firm of the national SAFEagent consumer kitemark that champions the use of agencies which have valid Client Money Protection measures in place. 

At Young London, we are proud of the numerous awards that we’ve won from The Times, The Sunday Times, Bloomberg and HSBC and we strive to maintain our high standards. 

We manage £145 million of privately rented property across London and in the current calendar year, have achieved: 

  • 99.4%      occupancy levels
  • 80.2%      tenant renewal rate
  • 8%      average rent increase upon renewal
  • 98.2%      landlord reinstructions
  • 95.7%      of landlords and tenants would recommend us
  • No      tenants in rent arrears dispute 

At 4 developments we have instigated a Right to Manage process to enhance the value of our landlords’ property assets. 

 

 

About Young Group

Young Group is shaping the Private Rented Sector through research, investment, finance and asset management.  The Group’s activity spans the entire investment cycle from identifying opportunities and financing their acquisition, through to managing the asset, regularly reviewing the performance of the property holdings and advising on strategic direction, through to realising returns in the most tax efficient manner.

Young Group delivers day-to-day asset management through Young London, its lettings and management agency, which has won multiple awards from The Times, The Sunday Times and Bloomberg for the quality of its service.

Young Group is proud to support NORWOOD and CHILDREN with LEUKAEMIA, two charities doing valuable work that is particularly close to our hearts.

Press Contact:

Michael Oakes

Director of Communications

Young Group

DDL:   +44 (0)20 7593 3309

Office: +44 (0)20 7593 3300

Email:  moakes@younggroup.co.uk