Category: Services & Compliance
Published: Saturday, 09 June 2018 07:51
One of the nuts-and-bolts issues of practically maintaining a property is ensuring that the water systems are correctly treated and nice and safe. Risks of legionella exist, with some unfortunate cases of legionella bacteria growing and causing Legionnaires disease hitting the public eye, and therefore becoming a more important factor to consider in effective property management.
The problem is that it can seem quite complicated, just like, say, asbestos plans and fire risk assessments. But as a property manager this doesn’t need to be the case.
Once you have the right contractors, procedures, and checks in place then it becomes easier, therefore you must consciously take a step back and see the bigger picture.
Therefore, here are 10 top...
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Category: People Interests
Published: Tuesday, 05 June 2018 07:45
When you’re dealing with multi-let residential properties, life can get a little complicated with numerous requests and requirements from each occupier and owner.
You’re dealing with peoples’ own homes and therefore of course they will be more concerned about the little issues like an extra clean just as much as bigger-picture ones like service charge budgets.
And what’s more, you can have what appears multiple interests in any one residential unit. Things get lively, and good property management, including specialist ‘block management’ experience is needed to handle all of these.
It’s one thing knowing who they all are, but it’s another to know the right way to deal with them.
Knowing the Middle Man
Before we go...
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Published: Saturday, 02 June 2018 21:49
When you’re dealing with brand spanking new properties, you can unfortunately look at things through rose-tinted glasses.
Gleaned with images of what it should look like in the brochure, and the dreams of how you’ll be involved using or earning from this new property, can cause a rough-ride when reality doesn’t meet these expectations.
To make matters worse, not only can it be hard to live up to such high-expectations anyway when it comes to a real-life asset, but if the quality of such construction is not to-par anyway then it can worsen things even more.
And although this is most pertinent with completely new developments, you can still suffer similar issues with any major refurbishment and redevelopment of any existing properties....
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Here are various blog resources related to the rent that is paid at properties, whether you're a landlord receiving, tenant paying, or middle-man managing. Right through from how to correctly charge and collect to how it needs to change over time, this is often the most important factor to managing let properties, and includes simular variations such as licence fees.
Here are various blog resources related to non-rent monies and payments, for example service charges, fees, and other costs and charges. These can be directly charged or hidden away, and are important to know what you may have to pay or might be able to charge another property interest for.
Here are various blog resources related to the insurance of properties, ranging from the main building cover to ancillary ones like contents. Whether it's the premium to pay or the policy to correctly arrange, these help explain what's needed from the perspective of different property interests.
Here are various blog resources related to all the different property interests, from landlords & tenants, to investors & occupiers, to all other third-party interests. These cover general factors to consider for a particular interest, to more detailed issues to resolve for a particular course of action.
Sales & Lettings
Here are various blog resources related to the sales & lettings of a property, and all related transactions. Whether you're involved in these directly yourself, or you're working with other sales/letting agents and interests, these help highlight important property managemnet factors to consider.
Leases & Titles
Here are various blog resources related to all forms of leases, titles, and legal documentation involved with property interests. Whether a straight forward lease agreement or complicated legal documentation, here is help to understand what you're trying to achieve and then practically how to easily do this.
Here are various blog resources related to all the taxes involved with property interests, from VAT and SDLT, to income and capital gains, to rates and council tax. These will help you work alongside other accounting and tax advisors to make sure you cover all bases to reduce your overall tax liabilities.
Services & Compliance
Here are various blog resources related to the services and compliance at a property. These range from say your fire and health and safety compliance, through to services like cleaning and utilitities. These resources help provide an overview of each area without getting too technical, so you can plan it all in at the right time and best cost.
Here are various blog resources related to any other general subjects involved with properties and their interests. So whether it's the basics of property management, or more specific property issues and queries that don't naturally fall in the other categories, you'll find them all here.
Condition & Repairs
Here are various blog resources related to the condition of a property and any repairs and alterations required. Whether it's a reactive roof repair, pro-active maintenance plan, or carefully-chosen contractor - these help explain how to effectively keep properties in the right condition.