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Case Study of BW Residential Ltd Featured Image

Case study of BW Residential Ltd

Click here to read how BW Residential Ltd were approached for a case study by award winning software company ‘Inform Direct’.  ‘Inform Direct’ provides a cost-effective, comprehensive solution for property management companies offering a company secretarial service to their clients.  

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We have moved office premises featured image

We have moved office premises!

 

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Exciting news - We have moved

Exciting News – We Have Moved!

  Please note we have moved office premises to: Unit 7,  Chevron Business Park, Lime Kiln Lane, Holbury, Southampton, Hampshire.  SO45 2QL. Our telephone number remains the same – 02380 847111.  

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What is Commonhold Featured Image

What is Commonhold?

Click on the video below to listen to Property Manager, Lewis discuss what Commonhold is.     “Commonhold is a type of property ownership which was introduced with the overall aim to replace leasehold by simplifying the system where a set of rules will apply to any commonhold property. To date, there are approximately fifty blocks of flats which are…

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Statement of Estimates Featured Image

‘Statement of Estimates – Why do we need this and what’s included?’

Click on the link below to listen to Property Manager, Jamie explain.     “A Statement of Estimate can only be issued once the first notice has expired.  This will include recommending contractors and their prices by the landlord or agent, as well as nominated contractors by the lessees, if any have been put forward.  In the same way as the Notice…

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Notice of Intention Featured Image

‘Notice of Intention’ – why do we need this and what’s involved?

Listen to Property Manager, Lewis explain what a ‘Notice of Intention’ is. “A Notice of Intention is sent to inform leaseholders what work the landlord or managing agent is planning to carry out. The notice will give recommendations as to why the work should be carried out. An address and time will be provided of where the specifications of the…

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Do you think Commonhold will come into play in England and Wales Featured Image

Do you think Commonhold will come into play in England and Wales?

Listen to Property Manager, Lewis discuss his thoughts regarding Commonhold.     “Currently, no! There are little incentives that offer developers a good enough reason to choose Commonhold over Leasehold from a financial prospective. Unless this changes, there is no clear sign of an increase to the current amount of Commonhold owned properties in England and Wales. However, it is…

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Fraudsters nearly stole a property featured image

Fraudsters nearly stole a property!

  An article in the Daily Mail today tells the story of one lady’s property title fraud… “My four-bedroom house in South London is my most valuable asset. I bought it for £345,000 in 2002 and it is now mortgage-free and worth about £850,000. But I never dreamed that one day a fraudster would be so bold as to try…

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Do leaseholders have the right to request service charge accounts Featured Image

Do leaseholders have the right to request service charge accounts?

This is an interesting video with Property Manager, Jamie discussing whether leaseholders have the right to request service charge accounts.     “Under Section 21 of the Landlord and Tenant Act 1985, leaseholders have the right to request a copy of the summary of their service charge costs incurred from their Managing Agent or Landlord. Unless there are good reasons…

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Letting Agent Fined £3k Over Redress Membership Featured Image

Letting agent fined £3k over redress membership

The Property Ombudsman has issued a reminder to all agents to ensure they have the correct redress membership to cover the work they undertake. This comes after a letting agent was issued with a £3,000 penalty by their Local Authority for not having redress membership to cover their Residential Leasehold Management work, despite being a member of The Property Ombudsman…

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