Your success is our paramount success, and we take pride in this shared journey of property management and development
Let Your Property With Ridgestone
Looking for a holiday letting agent? Want to showcase your property to guests who love the Lakes? Let us make your property the go-to choice for luxurious holiday homes in the Lake District.
Discover the power of our experienced team, dedicated to advising, guiding and supporting you at every stage. With our expertise, we’ll help you establish a stronger online presence, boosting long-stay tourism year-round and ensuring a steady stream of guests for your property.
We provide comprehensive, year-round maintenance services, managing everything from reservations and guest communication to overall property management. Our goal is to maximize your investment returns while ensuring the long-term health of your property.
Navigating legalities and government requirements can be complex, but we're here to make the process as smooth as possible. Our team is ready to provide the necessary guidance and support every step of the way.
Navigating legalities and government requirements can be complex, but we're here to make the process as smooth as possible. Our team is ready to provide the necessary guidance and support every step of the way.
For your convenience, we offer simplified monthly billing and are always available for one-to-one conversations to address any questions or concerns.
Trust our team to unlock the full potential of your property and embark on a successful, rewarding partnership with us.
Trust our team to unlock the full potential of your property and embark on a successful, rewarding partnership with us.
Ridgestone Benefits
Revenue Reporting
Owner Revenue Reports are generated and issued monthly alongside the Owner Revenue Payment. These reports provide a detailed breakdown of all maintenance and additional fees, along with a clear record of Ridgestone’s commission and the Owner Revenue for each property.
Payments may vary from month to month depending on the season, number of bookings, and demand. Below, we’ve provided an example breakdown, for high, mid, and low seasons for two properties: Woodlands Family Retreat and Ellerthwaite Place in Windermere.
Our commitment to transparency and excellence is evident in our Owner’s Revenue Report, providing a comprehensive breakdown of each booking’s revenue and our commission. It’s about ensuring a successful partnership with our property owners.
Jack Serginson – Director
Woodlands
Ellerthwaite
Every month, our skilled accounting team oversees the generation of an Owner Revenue Report for your property, thoughtfully included alongside your revenue payment. This comprehensive report meticulously details various components such as cleaning fees, accommodation charges, and any additional fees incurred. With utmost transparency, it provides a clear breakdown of our commission and your Owner Revenue for each booking.
The properties showcased in this document have been carefully selected to give you a tangible glimpse into our processes in property management and development. As they share similarities with other projects we expertly manage, they aptly demonstrate the caliber of accommodations we consistently strive to achieve in collaboration with you. This holistic approach is designed to foster sustained growth and yield a positive return on your investment.
About Ridgestone Renovations
Renovating Your Property
Whether its your home or a holiday property, renovating today comes with more challenges than ever before: finding reliable and qualified tradesmen, sourcing the right materials at reasonable prices,coordinating around delayed deliveries, and understanding how much to invest for optimal value.
Full Property renovation package
At Ridgestone, we are proud to offer a Full Property Renovation Package. We work closely with you from the initial design stage through to project completion. Or, if you prefer, you can step back and leave the entire process in our hands – we’ll handle everything, from design to build.
A Team You Can Trust
Our team consists of loyal and driven qualified tradesmen who are passionate about design and dedicated to seeing every project through to the end. We take pride in our work, ensuring every detail is finished to the highest standards.
Simple & Transparent Pricing
Our approach is straightforward and transparent. We charge a 20-30% management fee on all materials (purchased at our discounted rates) and on our contractor’s hourly rates. We maintain a detailed log of all payments and provide invoices throughout the development, keeping you informed and offering full clarity at every stage.
Summary of Development Terms
Bespoke Solutions for Every Project
We recognise that every project is a unique endeavour with specific requirements, and we tailor our solutions accordingly. To get started, we request a modest upfront retainer of £1,000. This payment allows us to being gathering essential information, including measurements, design details, and pricing breakdowns.
Notably, the £1,000 retainer is fully refundable if you choose to have Ridgestone manage your property.
Navigating the complexities of property renovation can be a challenge. With our full renovation property package, we offer a hands-on approach from design to completion, ensuring a high standard of finish and value investment.
Matt Howarth – Director
For the procurement of materials and interior items, which we source through our trade accounts offering discounts of up to 70% off retail prices, a 20-30% commission fee is applied, for example:
Labour contacts engaged through the project are invoiced at the contracted labour rate, with a 20-30% discount applied to Ridgestone.
Onboarding
In our journey of welcoming new owners to Ridgestone, the first step is to establish contractual terms and secure signatures from both the Owner and the Agent. Once this foundational step is completed, we proceed to gather comprehensive property information. Utilising the Onboarding Form to capture owner detail and high-quality property photography, we create compelling marketing materials that maximize your property’s appeal to potential guests.
Our team can arrange for a reliable housekeeping service to maintain your property, or if you prefer, we can seamlessly integrate your existing trusted team to stay informed about upcoming bookings. Once your property is added to our Guesty system, we begin distributing this data across our established Online Travel Agent (OTA) profiles and our website. This allows us to manage guest inquiries, handle confirmed bookings, and provide on-going support.
You will also receive exclusive access to the Owner Portal, offering you real-time insights into your property’s progress and booking updates. This platform enables you to make personal bookings, track occupancy, and generate guest reports based on your preferences.
At the end of each month, we provide a detailed Owner Revenue Report, typically issued on the 1st of the following month, with allowances for bank holidays and other annual holidays.
1. Contacts
Signs the Ridgestone terms of Letting and accompanying Appointment form.
2. Photos
Provide high resolution up-to-date photos or arrange for these to be taken with Ridgestone.
3. Onboarding Form
Complete the Onboarding Form and provide any other relevant information for the property.
4. Housekeeping
The current housekeeper is granted Guesty access or a contract is secured for the cleaning of the property.
5. Guesty Upload
Ridgestone begins the process of creating the listing within the Guesty system.
6. OTA Connections
The Guesty listing is connected to our established OTA profiles.
7. Owner Portal
Once the Guesty listing is established, Owner Portal access may be granted.
8. End of Month Reporting
The end of month owner revenue report is issued on the 1st of the month for the previous month’s revenue.
1. Contacts
Signs the Ridgestone terms of Letting and accompanying Appointment form.
2. Photos
Provide high resolution up-to-date photos or arrange for these to be taken with Ridgestone.
3. Onboarding Form
Complete the Onboarding Form and provide any other relevant information for the property.
4. Housekeeping
The current housekeeper is granted Guesty access or a contract is secured for the cleaning of the property.
5. Guesty Upload
Ridgestone begins the process of creating the listing within the Guesty system.
6. OTA Connections
The Guesty listing is connected to our established OTA profiles.
7. Owner Portal
Once the Guesty listing is established, Owner Portal access may be granted.
8. End of Month Reporting
The end of month owner revenue report is issued on the 1st of the month for the previous month’s revenue.
Property Income Calculator
We know that generating income from your holiday property is very important.
As we’re local holiday letting experts in the Lake District and Cumbria we can give you honest and realistic income projections for your property.
Please fill in your details below and we’ll be in touch to provide you with income calculations that we would achieve should you let your property with Ridgestone Property Group.