The Rental Market in Oadby and Wigston
Oadby and Wigston has a healthy and varied rental market. Professionals working in Leicester, families attracted by local schools and students connected to the University of Leicester's Oadby student village all contribute to steady demand. For landlords, that demand is encouraging, but the responsibilities of letting have grown considerably. Safety certificates, deposit protection, right to rent checks, energy efficiency standards and evolving tenancy legislation mean that self-managing landlords face real risks if something is missed.
This is why many local landlords appoint a professional property management company. Below we review ten firms that are active across the borough and wider Leicestershire, and we explain what a good managing agent should deliver.
What Good Property Management Includes
A full management service typically covers tenant finding and referencing, tenancy agreements, deposit registration, rent collection, arrears handling, routine inspections, maintenance coordination and compliance tracking. The best firms also provide clear online portals, transparent statements and proactive advice on legislative changes. Membership of Propertymark, a client money protection scheme and a redress scheme are essential signs of a trustworthy agent.
The Top 10 Property Management Companies
1. Belvoir
Belvoir is one of the UK's largest lettings-focused franchise networks, with offices serving Leicester and its suburbs. Its local franchise owners combine personal service with national systems, and the brand has a strong reputation for compliance and landlord education, which is particularly reassuring as rental regulations continue to change.
2. Martin and Co
Martin and Co is another lettings specialist with a national network and local offices in Leicestershire. It offers tenant find, rent collection and fully managed services, and is known for clear fee structures and an emphasis on long-term landlord relationships.
3. Moores Estate Agents
Moores has a dedicated lettings and management department alongside its sales operation. Its local knowledge of Wigston and the southern suburbs helps landlords set realistic rents and attract reliable tenants quickly, and its team is often praised for prompt maintenance responses.
4. Readings Property Group
Readings manages a sizeable portfolio of residential lets across Leicester. Its use of technology for inspections, reporting and tenant communication appeals to landlords who want visibility of their properties without constant phone calls.
5. Leaders
Leaders is a lettings-led national brand offering a range of service levels, from tenant introduction to complete management. Its scale gives access to legal support, rent protection products and specialist compliance teams, which can be valuable for portfolio landlords.
6. Northwood
Northwood is known for its guaranteed rent model, in which the agent pays landlords a fixed monthly rent regardless of occupancy or arrears, in exchange for a management fee. This approach suits landlords who prioritise predictable income over maximising rent.
7. Spencers Estate Agents
Spencers offers lettings and management alongside its sales business. It is well suited to landlords with higher-value family homes in Oadby, where presentation, tenant quality and careful property care are especially important.
8. Your Move
Your Move provides standardised lettings and management services backed by a large national group. Landlords benefit from structured processes, online account access and support with legal notices, making it a dependable option for those new to letting.
9. Connells
Connells offers lettings and management through its Leicestershire branches. Its integration with sales, surveying and financial services can help landlords who expect to buy or sell properties as their portfolio evolves.
10. FirstPort
For leasehold blocks and shared developments, a specialist block manager is often more suitable than a lettings agent. FirstPort is one of the UK's largest residential block management companies, handling service charges, communal repairs, buildings insurance and residents' liaison. Leaseholders in newer apartment and retirement developments around the borough often encounter this type of manager.
Trends in Local Property Management
Technology is transforming property management, with digital inspections, online maintenance reporting and automated rent reminders becoming standard. Energy efficiency is another major focus, as landlords prepare for stricter minimum standards. Student lets near the Oadby campus remain a niche with specific needs, including academic-year tenancies and higher turnover, so landlords in that segment benefit from agents experienced in student housing. Ongoing reform of the private rented sector also means landlords need agents who keep them informed about changes to tenancy types and possession rules.
How to Choose a Managing Agent
Compare not only percentage fees but also add-on charges for inspections, renewals, check-outs and maintenance supervision. Ask how often inspections take place, how emergencies are handled outside office hours and how contractors are selected. Request sample statements and inspection reports, and confirm client money protection and redress scheme membership in writing before signing.
Frequently Asked Questions
How much do property management companies charge?
Fully managed services are usually charged as a percentage of the monthly rent, with tenant-find-only services charged as a one-off fee. Always ask for a complete schedule of fees, including renewals, inspections and check-out charges, so you can compare like for like.
Is guaranteed rent right for every landlord?
Guaranteed rent offers predictable income and reduces the risk of voids and arrears, but the guaranteed figure is usually below full market rent. It suits landlords who value certainty, while those seeking maximum returns often prefer standard full management.
Final Thoughts
A capable managing agent protects your investment, keeps you compliant and gives tenants a better experience, which in turn supports longer tenancies and steadier income. The companies above represent a mix of national expertise and local insight. Verify current services directly with each firm and choose the one whose approach best matches your property and your goals as a landlord.
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