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Nearly 90% of local authorities experienced increase in demand for allotments (APSE)38% of local authorities…
The careful management of Birmingham’s finest pre-World War II apartments has led to more than £100,000 in savings, credits and claims for leaseholders’ funds in the last three years.
The concept of buying leasehold can be a bit confusing. It’s probably more commonly understood now than it has been in previous years due to the discussion in the news about the cladding crisis and the brief explanations in reports about what it means to buy leasehold, but the nuances of owning and living in a leasehold flat are still confusing to many.
The cladding crisis has thrown into harsh light the dangers of incorrect cladding and below-par fire safety provisions in apartment blocks.
Taking an eco-friendly approach has been necessary and largely popular for quite some time. Many blocks are preparing for the future by creating the infrastructure for EV charging, making their building’s more energy-efficient and even going as far as fitting ground source heat pumps and solar panels.
If your block is managed by an RMC, it’s good to know what needs to be reported to the director or a board member and, most importantly, when.
With the cost-of-living crisis in full effect, you are likely to be scrutinising your service charge demands a little more than usual. Unless your service charge is set at a fixed amount in your lease, the chances are your landlord is allowed to increase your charges. However, increases must be reasonable, and the law allows leaseholders to challenge increases if they are seen to be unreasonable.
As an RMC Director, Property Manager or Right to Manage Company, you will be on the front line for service charge enquiries. Residents are likely to be receiving higher bills than usual, largely due to insurance costs. Buildings Insurance is often the highest cost listed on the service charge breakdown and prices are creeping up and up.
Yorkshire-based property specialist Pure Block Management has launched an online portal that will streamline customer service for leaseholders and tenants of the apartment blocks and residential complexes it manages across the region.