Category: Services & Compliance
Fire doors are often ignored and misunderstood at properties, but have become progressively more important over time. In short, they’re designed to help stop fire and smoke passing through a building for at least 30 minutes, something that is critical to stop a fire spreading at a property whilst, for example, the emergency services attend, preventing further harm to both people and property.
We have a resource here on some of the nuts-and-bolts of checking these which is one of the action points of ongoing property management services. Once they have been correctly installed or assessed, then it’s important to make periodic checks that these still do what they say on the tin - be a door to stop fire (and smoke) getting past.
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Category: Condition & Repairs
For a new business taking a lease of a property, whether it’s a retail shop to trade, an industrial workshop to manufacture things, or an office to provide a service – the excitement can unfortunately mean important details are missed. Although critical issues like when the rent is paid and how long the lease is taken for are top of the list, these shouldn’t be at the detriment of others.
And typically this is to do with the actual condition of the property. Although it may look in generally good condition, with a simple lick of paint being needed, and it may be left clean and tidy from the previous occupier, there can be a whole host of problems brewing away. And to make it even worse, with commercial property the buck and liability...
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When it comes to regular inspections of properties, and the way in which you record this, one of the fatal mistakes to make is to simply apply any old generic approach and tick boxes for the sake of it. In realty this is a real property that will have certain things to check that another property even along similar lines may not do.
Ideally then, work alongside any other relevant documents like a Health & Safety or Fire Risk Assessment and drill-down into what the basic issues are. Some things may be already covered to some degree by on-site staff or contractors, and the way a building is being used now may demand additional checks.
An Example Inspection Summary For Larger Multi-let Commercial Properties
You can immediately download...
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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.