Beeliving Student & Professional Homes

A Message from Lord Pickles and Lord Blunkett, followed by Beeliving Student & Professional Homes's best practice article

The ability to listen and learn from one another has always been vital in parliament, in business and in most aspects of daily life. But at this particular moment in time, as national and global events continue to reiterate, it is uncommonly crucial that we forge new channels of communication and reinforce existing ones. The following article from Beeliving Student & Professional Homes is an attempt to do just that. We would welcome your thoughts on this or any other Parliamentary Review article.

Blunkett signature Rt Hon The Lord David Blunkett
Pickles signature Rt Hon The Lord Eric Pickles

www.beeliving.co.uk

1BEELIVING STUDENT & PROFESSIONAL HOMES |
BEST PRACTICE REPRESENTATIVE
Director Katherine Le Prevost
Russell Galleries
Idan Asriel – an Israeli lawyer, property investor and developer
– founded BeeLiving Ltd in 1999. He decided to base his main
office in Nottingham, with the target demographic being
students. It didn’t take long for him to realise that with two
universities in the city, both of which are within the top 150
universities in the world, there was great demand for high-quality
affordable student accommodation. Idan proceeded to expand his
business by establishing Beeliving Student & Professional Homes.
I started by building my portfolio from scratch, and it now offers over 240 units,
all within a six-mile radius of the University of Nottingham and Nottingham Trent
University. The range of units includes flats, studios and house shares and can
accommodate anywhere from one to twelve people, in one or more units, according
to the group’s or person’s requirements. This makes the accommodation truly flexible.
In 2016, I decided to hire a new business and accounts manager: Katherine Le Prevost.
She has worked alongside me, helping to increase the company’s sales and reputation,
as well as taking control of all compliance. Katherine has helped greatly in pushing
the business forward and enabling a transparent and future-proof interface.
Maintenance and capital investment
Since the company’s foundation, there have been many great renovation and
construction projects within this portfolio. Our flagship building, Russell Galleries,
was developed from a listed derelict cotton mill. This sleek industrial building with
its unique design is a favourite with students. Since its renovation, every year it
FACTS ABOUT
BEELIVING STUDENT &
PROFESSIONAL HOMES
»Directors: Katherine Le Prevost
and Idan Asriel
»Founded in 1999
»Located in Nottingham
»Services: Property and lettings
agency
»Have a strong focus on tenant
rapport
»No. of employees: 15
Beeliving Student &
Professional Homes
THE PARLIAMENTARY REVIEW
Highlighting best practice
2| BEELIVING STUDENT & PROFESSIONAL HOMES
has housed 44 students within ten
different flats, ranging from one to six
bedrooms. For the finishing touches
to this project design, we employed a
distinguished up-and-coming artist to
create inspirational paintings within the
facility to give the building a younger,
more urban feel.
The renovations don’t stop there: every
year, a massive programme of capital
investment is planned out and adhered
to. With over 50 properties to work
through, this is a large task. Katherine
employs a team of maintenance
people and outsources some work
to regular contractors that have a
proven track record of quality control
within the business. This means the
properties always keep their modern
designs and appeal to students and
professionalsalike.
Current standing
The company has continued to grow
from strength to strength, with a yield
of between 9 and 11 per cent on all of
its units and an increase in the value
of its capital, year on year, of 7.2 per
cent. As lettings are at the core of the
business, it is important that it remains
constant throughout the year.
Due to the student market, there is
a secure environment – assuming,
that is, the sales team are on target
at the start of the student letting
season. With all student tenants
signing 48- or 50-week contracts, this
adds to sales profit when compared
with professional lets. This is because
there are only small voids deliberately
factored in to enable upgrades
to properties in time for the next
academic year – something that also
takes into account the new influx
ofstudents.
A passionate and skilled team
The team at Beeliving Ltd are all
passionate about their individual
roles within the business and strive to
perfect the letting experience across
all aspects, from contract signing to
cleanliness. The day-to-day running of
the team is carried out by Katherine.
She works closely with me to ensure
that all targets are met and every
aspect of the business is on top form.
She has over 20 years of business
management experience, as well as
a degree in the subject, meaning
she is a more than capable asset
to the company. She also manages
all compliance and ensures that all
Beeliving kitchen
We employed
a distinguished
up-and-coming
artist to create
inspirational
paintings
within the
facility to give
the building a
younger, more
urban feel
3BEELIVING STUDENT & PROFESSIONAL HOMES |
BEST PRACTICE REPRESENTATIVE
Nottingham City Council requirements
are met, including licensing for fire,
gas and electrical safety.
The full team has numerous facets,
including a designated lettings,
marketing, accounts and maintenance
lead. All of these employees have
worked closely together for over
two years. Within that time, newer,
more up-to-date systems have
been put into place to enable us to
become more cloud-based to keep up
withcompetitors.
An ethos that works for all
We are one of the few companies in
Nottingham that has its own team that
owns, lets, manages and maintains
such a large portfolio. Being a direct
landlord has great benefits, both
to the team and to all who live in
the accommodation. Every one of
our properties has a great “home
from home” feel, as they are all
fully furnished to a good standard.
This means that it is easy for tenants
to move in and feel comfortable
straightaway.
We’ve incorporated the slogan “our
hive your home”. It’s more than just
a string of words; it has a very real
meaning for us, and the tenants build
a great rapport with every member
of the team. The result of this is
that, together, the company and
the residents form a real family feel.
Customer care and satisfaction have
been at the forefront of our marketing
strategy over the last couple of years,
with word-of-mouth custom helping
us to gain and retain a lot of new and
old tenants.
No business of this nature is without
challenges, and we are no exception.
We have faced difficult issues
over the years, such as tougher
legislation, which can often come
at a considerable cost. The price of
the compliance, including all of the
relevant certification and licences, is
expensive and, in some respects, hard
to manage – especially while trying
not to increase prices and remain
competitive in the market. Tougher
laws also cause greater fear for
landlords, as civil penalties for genuine
people mean they live in fear that a
tenant’s actions – through no fault
of the landlord or the team – could
injurethem.
The result of this
is that, together,
the company
and the
residents form a
real family feel
Director Idan Asriel
Beeliving bedroom

www.beeliving.co.uk

This article was sponsored by Beeliving Student & Professional Homes. The Parliamentary Review is wholly funded by the representatives who write for it. The publication in which this article originally appeared contained the following foreword from Rt Hon Michael Gove.

Rt Hon Michael Gove's Foreword For The Parliamentary Review

By Rt Hon Michael Gove

This year's Parliamentary Review comes at a momentous time for parliament, as we collectively determine the destiny of the United Kingdom. 

On October 31, the UK will leave the European Union. The successful implementation of this process is this government's number-one priority.

Three years after a historic referendum vote, we will deliver on the decisive mandate from the British people. Trust in our democracy depends on it. Until that final hour, we will work determinedly and diligently to negotiate a deal, one that abolishes the backstop and upholds the warm and close relationship we share with our friends, allies and neighbours in the EU. But in the event that the EU refuses to meet us at the table, we must be prepared to leave without a deal.

As the Chancellor of the Duchy of Lancaster, it is my job to lead on this government's approach, should that scenario happen. Preparing for Brexit is my department's driving mission. But while I am leading this turbocharged effort, the whole of government is committed to this endeavour.

Ministers across Whitehall are working together to ensure that every possibility is considered, every plan is scrutinised and every provision is made. A daily drumbeat of meetings means that we are holding departments accountable, so that preparations are completed on time.

The chancellor has confirmed that all necessary funding will be made available. And we have mobilised thecivil service, assigning 15,000 of our most talented civil servants to manage our exit from the EU.

We will make sure that on November 1, there is as little disruption to national life as possible. Our trade relationships will continue to thrive, thanks to agreements with countries around the world worth £70 billion. Our country will remain secure, thanks to nearly 1,000 new officers posted at our borders. And the 3.2 million EU nationals now living and working among us can remain confident, with absolute certainty, of their right to remain in the UK.

Above all, our goal is to be transparent. Soon, we will launch a public information campaign so that citizens, communities and businesses are ready and reassured about what will happen in the event of “no deal”.

In my first few weeks in this role, I have travelled to ports and tarmacs, borders and bridges, all across the UK –from the seaside of Dover to the rolling green hills of County Armagh. I have heard from business owners and border officials, farmers and hauliers. They are ready to put an end to uncertainty. And they are ready to embrace the opportunities ahead.

Our departure from the EU will be a once in a lifetime chance to chart a new course for the United Kingdom. Preparing for that new course will be a herculean effort. But this country has made astounding efforts before. We can do it again.
Rt Hon Michael Gove
Chancellor of the Duchy of Lancaster