In this article we look to explain the importance of accurate Reinstatement Cost Assessment RCAs when it comes to insurance claims.
Understanding the origin of the rebuild value in an insurance…
The legislation obliges a Landlord to offer Leaseholders of a qualifying building, the right to acquire the freehold when the Landlord decides they wish to sell their freehold interest.
We know how important proper, pro-active and prudent management is to making your development a great place to live, and we understand the responsibilities, pressures and complexities that property…
When you buy an apartment in England or Wales, what you usually get is a lease for the property, this essentially means you own (or legally speaking, have exclusive access rights) for a specific…
Unfortunately, this is something all RMC directors must consider, but especially those with buildings in major cities. Terror threat levels in the UK have been fluctuating between ‘severe’ and…
Under new Fire Safety legislation introduced in 2006, the responsible person for a premise is required to carry out a fire risk assessment.
Businesses no longer need a fire certificate, but evidence…
The idea of ‘buying’ or ‘owning a leasehold flat’ is a misconception – perpetrated by estate agents in my opinion. It’s a misconception because you’re not buying the flat – you’re…
Everyone is currently looking at quick and easy ways to save money on their energy bills. We have listed a few simple tips to cut costs.
It can be surprising just how regularly they need to be checked and serviced. However, they’re a vital piece of equipment in the protection of people and businesses, so neglecting a fire…
Asbestos remains the UK’s biggest workplace killer; 20 tradesmen die a week from past exposure to Asbestos. This is why it is so important that we control Asbestos and ensure that people (such as…
Electric vehicles are becoming an increasingly popular option for motorists both in the UK and further afield – and with good reason. As we continue to learn more about our impact on the planet,…
There are a lot of considerations that need to be made when managing a block or property. From collecting service charges to managing everyday maintenance, an effective block manager will wear many…
Becoming a leaseholder is a common occurrence for property buyers – in fact, the majority of flats in the UK are sold under a leasehold agreement. But while leasehold dwellings accounted for 19% of…
A block management company is a professional property management company responsible for managing and maintaining communal areas and facilities in blocks of flats or apartments. These companies are…
Owning a property in any capacity is a huge responsibility that can come with a seemingly unlimited number of considerations. I mean, what happens if something goes wrong? What if you have to arrange…
Leaseholders have specific rights regarding service charges, which are fees charged by the landlord or management company to cover the cost of maintaining and repairing the building and any communal…
While the name might draw up connotations of weddings and nuptials, ‘marriage value’ is actually a term used to refer to the value of a leasehold property. More specifically, it refers to the…
As a fundamental part of the recommendations from the Grenfell Tower Inquiry Phase 1 Report, The Fire Safety Act 2021 and Fire Safety (England) Regulations 2022 have now been introduced. The…
Several issues can become grounds for contention between landlords and leaseholders – particularly regarding service charges and ground rents.
The property market is constantly changing and evolving, so getting a handle on block management can be rather difficult.
The Right to Manage (RTM) is a right introduced through the Commonhold and Leasehold Reform Act 2002, which allows leaseholders of residential properties to take over the management of their building…
When it comes to the management of a building, you may hear a number of terms thrown around. It is understandable to assume that some of these terms – such as “property management” and “block…
When a person buys a property, they agree to one of two kinds of agreements: a freehold agreement or a leasehold agreement. In the UK, most houses are purchased on a freehold basis.
For leaseholders living in a block of flats, the management of their block can make the difference between being a happy resident or being miserable.
A Fire Risk Assessment is a review undertaken of a building to assess its fire risk and offer recommendations to make the building safer, if necessary.
Most blocks of flats will have a residential association that takes care of managing leaseholders. Having a managing agent is a great way to help set the residential association apart from the…
Today, the dangers of asbestos and related materials are well-documented, with the vast majority of the public now aware of these risks. But that isn’t to say that asbestos has been completely…
One of the cornerstones of providing a safe environment for the residents of a building is the management of electrical safety in shared spaces. Landowners, directors of residential management…
Buying or renting a home can be a complicated matter in itself. So, when terms such as “leasehold enfranchisement” begin getting batted around too, it can be easy to let confusion take over.
Not all property management companies are created equal. We look at some myths surrounding residential property management. Property Managers Charge Too Much Money As with any business, you get what…
We are aware that security is of utmost importance to residents at Bridgefield Court and we are aware of a group of youths that have been hanging around the buildings and even managing to get inside….
We are pleased to announce that we have arranged for Openreach to install super-fast fibre optic broadband at Bridgefield Court that will allow speeds of up to a gigabit per second. In order…
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