BDC Magazine - Online version December 2015 Issue - 216 | Page 28

mainstay.qxp_feature 2 21/10/2015 13:39 Page 26 PROPERTY MANAGEMENT SPECIAL: MAINSTAY GROUP and we value managed environment through in-house these relationships provision, Mainstay will then be able to very highly. Indeed, offer an altogether more efficient, and ulti- our in house team is mately more cost effective service for its required to compete against clients in the long run. our external providers both in Providing yet further insight, David terms of price and quality to secure enthuses: “What our clients like about us work. Ultimately, what's important to is that we're delivering a lot of the pack- our clients and customers is not who pro- age. They're not dealing with five or six vides a particular service but that the serv- different organisations, or an agent which ice is undertaken by a provider who deliv- lays off all of the subcontracting responsi- ers a 'hands on' quality service, and one bilities to various other organisations who is reliable, trustworthy and profession- which can then become the point of fail- al. All round value for money is key, and ure. We take responsibility as a one-stop- our procurement process delivers this both shop, delivering as much of the package fairly and transparently.” as we can, which gives us such control It goes without saying that this over value for money and the quality of services is one well received by clients of “We're very much a customer-facing CORPORATE INDEPENDENCE & FLEXIBILITY Mainstay, best evidenced through the fact business. We have to have the systems in As an independently owned managing that many of the company's original place and the capability to manage a agent, Mainstay is also one of the few clients, dating back as far to the early days high number of customers, and ensure property asset management agents in the of the company, have since remained with that they are getting proper customer UK which isn't owned by a landlord or the company either within the same, or service. When you lump all that together, investor parent. This benefits the company across an increased property portfolio. But the proposition which we are able to in many ways, most prominent of which is it isn't simply a case of bringing these serv- offer to our clients is a very strong one the flexibility this ownership structure ices in house to maximise profitability and, as a consequence, they tend to stay affords the company. By being able to act however, as David Clark, Part Owner and with us as it's very difficult to go out independently and without the restrictions Chairman of Mainstay alludes to. Instead, there and find a similar kind of service often Mainstay takes the approach that, by with an equal amount of involvement on Mainstay's approach to business follows a offering these services in a controlled, every level.