Category: People Interests
When you’re involving a Property Manager to manage a property interest it’s key to make sure this is on the right basis from day one. Whether you’re a direct landlord or a communal management company, and it is either an internal post to fulfil this on an appointed managing agent – the basic duties and responsibilities are the same.
Even between different property types, whether a simple let house or a complex commercial scheme, you will still come across the basics of what a property manager needs to actually do. The detail will of course change, but the basics still count.
Here then are some of these key factors to the right Property Manager’s job description. This is based upon the UK property market and a pure property management...
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Category: Leases & Titles
You sometimes have two people’s names on lease of a property interest, in actual fact sometimes even more. They’re maybe married or partners living together, or possibly business colleagues with a commercial property. And sometimes they may even be a company rather than individual name.
However many names you’re dealing with, there may be a request to have one of these removed, often when a lease is renewed or possibly even beforehand. Upon first impressions this might seem all okay, with them being good payers and possibly no actual changes even to the occupation of the property, just a technicality of changing a name on the tenancy.
You need to tread carefully though, as things are not always what they seem. Even in legitimate cases...
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When you're dealing with multi-let properties you will have a variety of different occupiers all trying to get along with each other in the same building. Whether that's an apartment block or serviced offices, it can be difficult to not only keep everyone in the loop but also to try and encourage everyone to get along with each other.
For those managing these types of properties you'll know what this means – the niggly problems that annoy each other, and trying to be the middle man to resolve these.
Holding a form of meeting where everyone attends can therefore be a great tool to get things on the right track. Not only to formally communicate things, but also to just get people chatting through little day-to-day issues like outside...
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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, 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.