We create annual budgets for leaseholders to approve, and use of expertise and excellent local suppliers to keep costs down.
Our bespoke software systems automatically send out demands for ground rent that are fully compliant with Commonhold & Leasehold Reform Act 2002. Leaseholders are billed for service charges, with online payment options and year-end budget versus actual expenditure reporting.
We keep your communal areas clean and tidy, and well maintained. This can include lift maintenance, bulb replacement and installation of electronic keyfob access systems, CCTV and communal wifi.
We can advise and budget for redecoration and improvements to your building's interior and exterior.
Quite often when you buy a flat or apartment in a building, you will also gain a share of the freehold - the land that the building sits on. Collectively, you and the other apartment owners will be responsible for looking after things like the communal areas, buildings insurance, the roof and the lift. Although it is possible to do this yourselves, in most cases a Managing Agent will be appointed to do it for you.
Usually, residents will have had no choice who the Managing Agent is as they will have been appointed many years ago before they owned a property in the block. Further, most leaseholders are unaware that they can easily terminate their Managing Agent if they are dissatisfied with the poor service they provide, and high service charge costs.
With over a decade of experience in this field, we can provide your building with a high-quality, low-cost block management service. Usually, on taking over management of your block, we can advise on how to significantly reduce the service charges you all pay, potentially saving tens of thousands of pounds each year.