Principle Estate Management triples in size as it celebrates second year

Principle Estate Management triples in size as it celebrates second year

Principle Estate Management has tripled in size in the last 12 months, with the number of units it looks after rising from just under 2,000 to nearly 6,000.

The latest figures come as the Birmingham-based company celebrates its second year of operations since launching on 1 June 2018.

Principle continues to be the UK’s fastest growing residential estate management business since this time last year, with staff numbers also rising proportionately from seven to 20.

The company’s growing portfolio of properties now totals 5,803 units in 234 developments spread across the Midlands and in all nine English regions including across London, plus more in Wales.

This is a huge increase from 1,957 units in 102 developments this time last year, and there are many more confirmed instructions in the pipeline and other proposals awaiting confirmation.

Brett Williams, founder and managing director at Principle, said: “We firmly believe this swift growth is down to our reputation for delivering the highest customer service standards.

“This is backed up by our continued investment in the latest technology which automates routine processes and frees staff up to communicate with clients on a daily basis.”

Although Principle’s staff numbers are expanding rapidly, Mr Williams said the company continued to insist on qualifications, led by himself and co-director Joe Jobson who are both property professionals and chartered surveyors.

All the company’s property managers and customer executives are either IRPM-qualified or enrolled to take exams, while property manager Danielle Lannon is training to become a chartered surveyor.

Mr Jobson said: “Here at Principle, our staff is large enough to separate our specific functions into specialist teams, but small enough to all muck in and to care about every client.

“Our business model has matured as we’ve grown, but it’s still simple. In short, our property managers know their stuff and know all their sites, clients, contractors and customers.”

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