YOUNG LONDON IS AMONG PRESTIGIOUS UK PROPERTY AWARD FINALISTS

A handful of carefully selected property companies have been notified that they have become shortlisted finalists in the UK’s most prestigious property competition - in association with Google and Bloomberg Television.

Young London is delighted to learn that it is one of the finalists that could win a highly commended or five-star award at the UK Property Awards.

The gala awards presentation will take place on October 28th at the London Lancaster hotel near Hyde Park. The event is part of the International Property Awards, which is now in its 17th year and has become recognised as the highest standard of excellence throughout the global industry. Attaining one of these coveted awards is evidence that Young London is capable of excelling over some very strong contenders within the highly competitive UK property arena.

Later this year, the highest scoring winners from the UK Property Awards will compete against other winning companies from Asia Pacific, Africa, Arabia, the Americas and Europe to determine the ultimate World’s Best in each category.

The judging panel consists of more than 80 professionals whose collective knowledge of the property industry is unsurpassed by any other property awards. This year’s judges include James Bacon, UK account manager of Google; Peter Bolton King, group chief executive of the National Federation of Property Professionals; David Dalby of the Royal Institute of Chartered Surveyors (RICS); and Mike McNamara of the Royal Bank of Scotland (RBS).

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.”

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.

Michael Oakes
Director of Communications
Young Group

128 Webber Street
London
SE1 0QL

DDL: +44 (0)20 7593 3309
Office: +44 (0)20 7593 3300
Email: moakes@younggroup.co.uk

This release was published on openPR.