Residential block management is often perceived to be a complex mix of services that collectively ensure the building is safe to visit, work in, utilise and live in. We do all of that and more! Our experience in block property management for properties in London goes way beyond just living spaces. We have built a knowledge bank that is extra-ordinary, and includes implementing a full gym facility, a rooftop garden, a snow room, and a wine-tasting cellar. All of which were expertly maintained and financially managed, as well as making sure residents and staff are kept safe through rigorous Health & Safety practices. Read more about how we look after Leaseholders.
We understand what our clients and residents are looking for in terms of maintaining the highest standards of living. London apartments are sold on a Leasehold tenure and come in many shapes, sizes, and locations, from new build blocks to converted warehouses, to commercial premises. When you purchase a leasehold apartment you're purchasing everything internal beyond your front door, including a balcony if you have one.
It's the freeholder that usually owns the whole building from top to bottom including the land the building stands on. The freeholder is usually the person responsible for the block maintenance and any repair works required for the general upkeep of the building. These costs are recoverable through the service charges that the leaseholders pay annually for their property.
Usually, there will be a Resident Management Company (RMC) appointed as the Managing Agent who will organise the works required for this, and manage the property charges to ensure the budget set to cover this is credible. We are that Managing Agent, and we do not take the responsibilities of that role lightly. From introducing ourselves to residents, being their 'man on the ground', maintaining a safe and clean environment at all times, thinking out of the box to provide that something extra, right through to debt recovery - we look after all aspects of block management services at London properties.