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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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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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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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What is level 3 building survey?

What is a Level 3 Building Survey?

A Level 3 Full Building Survey will provide a comprehensive evaluation of the property’s structure and condition. It also includes an estimate of the cost of any necessary repairs. The information provided in this type of Survey will provide you with a thorough understanding of what you are purchasing. However, it is essential to understand …

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5 Habits of a Successful Property Manager

5 Habits of a Successful Property Manager

There’s no way to truly ‘master’ the real estate market when it’s continuously evolving. However, a great property manager knows that there’s always room for improvement and the opportunity to learn more; here are 5 habits that can help property managers stay on track. 1. Core Competency: Communication It’s not advised that you call your …

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Subsidence: Why Insurance Claims Spike During the Summer

Subsidence: Why Insurance Claims Spike During the Summer

Several big-name insurers have reported subsidence incidents are up 20%, causing a spike in insurance claims. The reason for this was due to the hotter than typical summers we have been experiencing. Read on to find out how the subsidence damage claims are linked to our hot summer. As the UK’s building stock is mainly older buildings, …

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