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Important Leasehold Reform News Featured Image

Important leasehold reform news!

Millions of leaseholders will be given the right to extend their lease by a maximum term of 990 years at zero ground rent, the Housing Secretary Robert Jenrick has announced today (7 January 2021). The changes, making home ownership more secure, will mean that a leaseholder can extend their lease on their home but will no longer pay ground rent…

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New EWS1 Agreement Featured Image

Almost 450,000 homeowners set to benefit from new EWS1 agreement

According to ‘Property Industry Eye’, owners of flats in buildings without cladding will no longer need an EWS1 form to sell or re-mortgage their property, following a new agreement reached between the government and the Royal Institution of Chartered Surveyors (RICS). Regulations introduced to improve fire safety following the Grenfell fire had inadvertently left flat owners trapped in near-unsellable homes.…

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Furness House Featured Image

BW Residential Ltd have taken on another property to manage.

        BW Residential Ltd have taken on another property to manage from a long standing client – ‘Furness House’ which is situated in the centre of Redhill, Surrey. Previously an office, this building has just been transformed into 71, one and two bedroom bespoke apartments over four floors. If YOU would like BW Residential Ltd to manage…

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Fraudulent EWS1 Forms Featured Image

Fraudulent EWS1 Forms

Which? magazine have just published a disturbing and important article, advising that scammers are signing off fraudulent EWS1 forms, sometimes adopting real Chartered Surveyor identities. The article sets out the many serious implications of fake EWS1 forms – the forms needed before a flat can be sold where a building has cladding (in the wake of the Grenfell Tower fire).  This…

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Why is There a Health and Safety Section in My Service Charge Budget Featured Image

Why is there a Health and Safety section in my Service Charge budget?

Click on the video below to listen to Property Manager, Jamie explain why there is a Health and Safety section in the Service Charge budget.     “The Health and Safety section in your Service Charge budget will mainly cover the costs for both the Health & Safety and Fire Risk Assessment to be carried out.  It is vital that…

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Health and Safety Risk Assessment Featured Image

Health and Safety Risk Assessment

Click on the video below to listen to Property Manager, Lewis explain why a Health and Safety Risk Assessment needs to be carried out.     “The duty to comply with the Health & Safety and Fire Regulations falls on the landlord or the person responsible for the management of the building. This could be a Managing Agent, a Residents…

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Why do we need to contribute to a Reserve Fund Featured Image

Why do we need to contribute to a Reserve Fund?

Click on the video below to listen to Property Manager Jamie, explain why you need to contribute to a Reserve Fund.     “Your lease will dictate whether monies can be collected for a Reserve Fund. And if the lease confirms a Reserve Fund can be collected, then this will enable the Freeholder and their agent to plan financially for…

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What should be included in my Service Charge demand Featured Image

What should be included in my Service Charge demand?

Click on the video below to listen to Property Manager, Lewis discuss what should be included in a Service Charge demand.     “Your Service Charge demand should include the following:- * The summary of tenants rights and obligations under Section 21b of the Landlord and Tenant Act 1985. * It should also include the landlords name and address under…

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What is the difference between Leasehold and Commonhold ownership Featured Image

What is the difference between Leasehold and Commonhold ownership?

Click on the video below to listen to Property Manager, Jamie discuss the difference between Leasehold and Commonhold ownership.     “The difference with Commonhold is the individual property owners own everything. There is no landlord or freeholder to worry about. Each property owner becomes a member of the Commonhold Association, which owns and manages the shared part of the…

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Property Maintenance During the Coronavirus Outbreak Featured Image

Property maintenance during the Coronavirus outbreak

Property maintenance during the Coronavirus outbreak – BW Residential Ltd would like to confirm that we are operating as normal, following official guidelines and are continuing to review the situation regularly. Our staff are fully prepared to work from home to continue our support to you, our clients and residents. We are also in touch with our contractors to make…

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