Category: Leases & Titles
This is when the eyes of property managers can glaze over in confusion, when they need to wade through land registry titles to understand how a property is legally owned or let.
Often it’s a case of jumping to the pretty-picture of the plan at the back to see what’s included, or maybe the owner’s name of the property at the top. But it’s when you talk about rights of this, that, and the other when you need legal help.
Seven Land Registry Basics
That’s certainly true that solicitors and legal input can help truly get to the bottom of things, however having a basic knowledge of property titles does still help.
This can help narrow-down issues straight away, or even when solicitors are in the midst of searches you can help come up with...
Read more ...
Category: Rent Monies
This is a very specialist area that you don’t always come across in reality, but when you do then it’s helpful to know what it’s all about.
Whilst you’ll certainly require legal advice on how this is actioned and a surveyor valuer to decide the amount, it’s important to get the gist of what it all means in order to clearly understand what the right solution is.
In short, this is an adjustment rent that a tenant will pay between leases at a property. This is only for business tenants where the Landlord and Tenant Act 1954 applies, which is the law that provides them a right to a new lease rather than the landlord being able to kick them out (or at least paying them compensation in some cases where they can legitimately do...
Read more ...
Category: People Interests
Having someone at the entrance to a property seems a real luxury to many – whether a helpful person at the lobby of an apartment block, or an on-site concierge at the reception of a shared office block.
They’re there to make life easy for everyone occupying and having an interest in the property, which is maybe why people may assume it’s easy to appoint them.
However, in reality there’s more to this, something that any good Property Manager will know. Behind the scenes there is an array of paperwork, property issues, and procedures that can help this person do this job well.
The Top Ten Factors
Therefore, here are the top ten ones to consider, whether you’re a property manager needing to hire or manage such a person, an occupier...
Read more ...
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, with sub categories of Condition and Repairs. 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.