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Property Management

What order should you renovate a property?

In what order should you renovate a property?

It’s easy to become overwhelmed when renovating a home, especially if it’s your first time. If you’re tackling this project on your own, there are many things to consider. The overall interior design, ordering materials, contractors, and scheduling all need to be considered. However, if you employ a professional remodelling or design-build business, they will …

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What is the difference between Block Management and Property Management?

How is Block Management different from Property Management?

The overall management of various amenities within a multi-property structure is called Block Management. Property Management and Block Management are two distinct types of management, despite their similar names and services.    Property Management focuses on single tenanted properties, whereas a Block Management team oversees the overall operation of a flat complex. Budgeting, accounting, maintenance, …

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How Can Block Managers Provide A Good Service?

How Can Block Managers Provide A Good Service?

Many people don’t realise it, but a significant portion of residential property management’s success is based on the ability to form positive and productive relationships. Block Managers will interact with various people daily, including property owners, maintenance workers, and renters; communicating effectively to address a problem cost-effectively, swiftly, and efficiently is a talent. Block Management …

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What is Block Management?

What is Block Management?

Block management is a service where a licensed agent manages the building on behalf of the owners-occupiers; this includes the financial and operational aspects and the building’s gardens, hallways, and exterior.  Block management is also referred to as leasehold management, property management, and estate management. What is Block Management? In residential properties, block management is …

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Do you require Party Wall Agreements for Loft Conversions?

Do you require Party Wall Agreements for Lofts?

You’ll probably need to get a party wall agreement from your neighbours if you live in a terraced house or semi-detached house. Due to the fact that most building work involves structural changes to shared walls, chimneys, and roofs, adjoining properties could be damaged. The Party Wall Act provides a solution for resolving disputes and …

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What types of Building Surveys are there?

Some people believe building surveys are unnecessary, but they are highly recommended. A building survey might save you hundreds of pounds in repair costs. There are different types of Building Surveys, so which one is right for you? Perhaps you believe a simple report provides as good an indication of the property’s condition as a …

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Consequences of Ignoring the Party Wall Act

Consequences of Ignoring the Party Wall Act

If you live in a semi-detached or terraced house, you may have already heard some complicated stories about the Party Wall Act and, as a result, decided that you will never do any major home improvement work on your house. But it isn’t all doom and gloom. It can even be a relatively painless process …

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Is Dilapidations an opportunity for tax relief?

Is Dilapidation an opportunity for tax relief?

Financially, this year has been a little more difficult for businesses due to the Covid pandemic, and companies are starting to feel the pinch of months of lockdown, which is adding to financial pressures. Dilapidation is one of the many ways that existing assets can be used to reduce tax burdens on businesses. Dilapidations are …

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