Jobs Online Shop
         
  About living in a Leasehold Flat  
About your Lease
  About Service Charges ""
  Service Charge Residential Management Code
Leaseholder's responsibilities
"" Landlord's responsibilities
  ARMA's Leasehold Advisory Notes ""
  Running a Residents Management Company  
  About running an RMC
"" About Enfranchisement ""
  About Right to Manage ""
"" What is Commonhold?  
  Managing Agents  
  About appointing a Managing Agent
"" Managing Agents Directory
  All about ARMA  
  PM's in the spotlight ""
  Latest News from ARMA ""
 

Insurance for Flats

 
  About Insurance for Flats
  Landlord's insurance  
  Health & Safety  
  About Health & Safety
  Health & Safety News ""
  Accounts  
  About the accounts for your block of flats
  Flat Interiors & Design  
About Flat Interiors & Design
  Selling or letting Your Flat  
About letting Your Flat
About renting a Flat  
About Selling Your Flat
""   New Developments  
  New Developments  
  News from Flat Living  
"" Latest News ""
News Archive ""
  Advertise your business. Click here for more information.
 
 
Join our FREE Email Newsletter
Email:
For Email Marketing you can trust

 

 
Questions to ask your prospective Managing Agent?
 
The Association of Residential Managing Agents
 
Residents Line Insurance for Flats
 
LEASE: The Leasehold Advisory Service
 
FPRA: The Federation of Private Residents' Associations
     
 
  • Please provide all relevant company details including the names and qualifications of all directors
  • Do your fees carry VAT?
  • How many years have you been in the property management business?
  • How many staff in your company are involved with management? How many blocks do you manage?
  • Please supply three references for blocks you manage. Ideally these should be similar to our own property and in our area.
  • Please supply the name and telephone number of the chairman/secretary of the residents' association or board of directors of those blocks.
  • What fees will you charge us?
  • Do you have a comprehensive panel of contractors?
    • Do you charge a fee for contractor selection?
    • Will you check that contractors complete their work adequately?
    • What selection criteria do you use for contractors you use?
  • How often will you visit us?
  • Will service charge monies be kept in an individual client account for our RMC, how are they administered and who receives any interest?
  • What format will you provide financial information required and can you supply an example.
  • How do you deal with unpaid service charges - what procedures are in place to deal with non-paying lessees?
  • How do you deal with lessees in breach of their leases? How do you deal with complaints?
  • Do you offer an out-of-office-hours service for emergencies? If so, please provide details.
  • Do you arrange Residential Buildings Insurance and can you supply a copy of the specimen policy.
  • How often will the Residential Buildings Insurance be reviewed to ensure it remains competitive?
  • List any professional or trade bodies to which your firm belongs.
  • Provide full details of your professional indemnity insurance.
  • Provide a copy of any standard contract you use.

 

 

 

The information contained in this article has been taken from the publication Appointing a Managing Agent produced as a joint publication by ARMA, the Association of Residential Managing Agents, ARHM, the Association of Retirement Housing Manager and LEASE, the Leasehold Advisory Service

   

Home : Information : Service Providers Directory : Products : Forum : Site Map : Contact Flat Living

© 2008 - www.flat-living.co.uk - All rights reserved