Block Asset Management

 

PPM with its considerable block management expertise, has a proven track record in providing a first-class residential property management service to landed estates and other major landowners and investors. Our efforts are coordinated with our trusted partners. Including our experts in accountancy, agency, leasehold enfranchisement, planning, research, insurance, also offering industry-leading expertise in the maintenances and restoration of heritage, listed and conservation area buildings.

ANYONE THAT OWNS A LEASEHOLD FLAT / APARTMENT  WILL KNOW THAT THEY WILL BE LIABLE TO PAY A SERVICE CHARGE.  HOWEVER YOU WILL NEED TO TRULY UNDERSTAND SERVICE CHARGES DEFINITIONS AND WHAT YOUR SERVICE CHARGES ARE USED FOR,

When you buy a leasehold flat you sign a Lease. Within that Lease there are certain covenants or agreements that you are legally promising to uphold. One of those agreements is to contribute towards the running / maintenance costs for the building, known as the Service Charge.

Working with accountancy partners White Rose Accountants together we can provide you all the support, regulation  and guidance that you would require  

 

Our block management services include:

  • Management set-up and strategy service for new developments
  • Health checks and recommendations for established developments
  • Lease compliance
  • Full service charge and reserve fund accounting including budgeting, expenditure monitoring, reconciliation, credit control and year-end accounting
  • Health & safety compliance and risk management
  • Company secretarial for RMC including hosting of client meetings and AGMs
  • Employment and management of on-site staff
  • Contractor procurement and management
  • Long-term planning for capital expenditure, managing major works and licence to alter
  • Lease assignments and subletting compliance
  • Buildings, terrorism, engineering and D&O insurance procurement
  • Diligent handover processes when taking over from another managing agent
  • Leasehold Reform Act advice and valuations
  • Tenancy management
  • Advice regarding residential build to rent and entire block private rented sector (PRS) schemes
  • Asset value enhancement

 

 
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