Property managers will provide you with a clear overview of what fees and charges will be due, what they cover and how they will be spent.
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This question is asked a lot; from first time buyers to people who have owned many properties before but never within a managed development.
Non-payment of Service Charges is a breach of lease and should be taken very seriously- but what can, and what should, you do?
Anyone involved in the property management industry will be fully aware of the importance of financial planning.
When taking on the role of Residents’ Management Company (RMC) Director or Officer, many tasks that land at your feet may feel overwhelming.
We’ve put together a checklist to make sure you approach the situation in the best way possible and with the required knowledge of the law.
Service charges are payable annually to cover the landlord’s costs for providing services and maintaining the common areas of the building.
Property Management Company Fraser Allen Estate Management share their top tips so you can be better prepared for your major works.
Major works, otherwise known as qualifying works, are any works being done to the building that would cost each tenant over £250.
Section 20 of the Landlord and Tenant Act 1985 defines major works as “one-off” works or maintenance, repair or improvements.