If you are considering instructing a managing agent, one of your considerations should be the seniority to which you would have access.
At BLR you would have regular communication with your dedicated Property Manager but if required you could speak to any of the directors or the owners of the company.
You may have a legal query in the interpretation of a clause in your lease or you may need advice on how to deal with a difficult leaseholder or resolve a dispute. At BLR you would always have access to senior qualified professionals able to give you general legal advice on all aspects of the management and maintenance of the property.
Also through our close relationship with a number of firms of solicitors we can obtain on your behalf a formal written opinion if required at a very competitive rate.
Consultancy
If you are managing your own block and do not wish to incur the costs of a full management service then BLR can offer you a separate consultancy arrangement at an agreed annual fee which is very much less than the full management charge.
On this basis you would continue to manage the Property yourself but we would ensure that all of your communications with the leaseholders were in the correct legal form and that at all time you were acting lawfully in regard to the management of your property.
By taking on the responsibility to manage the common parts of a residential block you take on many legal responsibilities that carry both financial and criminal penalties for non-compliance. It is often the case that leaseholders who self-manage are completely unaware of these potential risks.
The common parts of residential buildings are legally considered to be a place of work and therefore health and safety risk assessments, fire risk assessments and asbestos risk assessments are all legal requirements. The manager of the building is also charged with the responsibility to make sure that any contractors, whether they are part time cleaners or large building firms, have adequate Public Liability and Third Party Liability insurance.
Residential block management is probably one of the most legislated professions within the property industry and a potential minefield for the inexperienced.
It is for this reason that if you do choose to manage your own building you should consider instructing BLR to act as your consultant to ensure that you can continue to sleep at night.
As with all our services we offer a free initial consultation so please contact us today on 0208 905 8345. You will be given free advice with no obligation.
