The UK property market is one of the most robust and sought-after investments in the world. Unlike most countries, UK inhabitants compete on a global level, especially in major cities such as London or Manchester. This is largely due to its stability during uncertain economic times caused by a high level of bureaucracy and policies. …
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, and …
How Block Management differs from Property Management? Read More »
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 …
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 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 …
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 …
The Dilapidations Protocol was formally approved by the Court Rules on 1st January 2012 and is now Law in England & Wales.Dilapidations are violations of leases due to the condition of the property being leased, either during or at the end of the lease period. This may result from mistreatment of the property or inadequate …
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 …
Subsidence: Why Insurance Claims Spike During the Summer Read More »
Real estate has always been the most secure and lucrative way of doing it when it comes to investing. And this holds, especially in today’s modern times. Since the financial crisis of 2008, investing in property has proven to be one of the very few consistent value holders. When it comes to investing in real estate, …
What Do Party Wall Surveyors Do? Ever been involved in works relating to party walls? If not, then you may not have heard of a Party Wall Surveyor. This particular type of Surveyor specializes in resolving issues that arise under the Party Wall etc. Act 1996. Our Party Wall Surveyors need to be well versed …
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