advice

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 Management Company, Residents Freehold Company or a Right to Manage Company. But failing to carry out a Risk Assessment at certain intervals, you are leaving potential health hazards unresolved which over time could have a detrimental effect on the building…

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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 property, under a set of rules approved by the association. Under leasehold ownership, this is limited by time. Once the lease is expired, it will revert back to the landlord.”

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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 commonhold properties in England and Wales.”

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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 works can be viewed. Leaseholders are invited to give observations in writing of the intended works. They will also be invited to nominate a contractor of their choice. The landlord or agent must then take into consideration any comments received…

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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 as to why they cannot comply, the Managing Agent or Landlord has six months from the Service Charge year end to fulfill this request.”    

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Grenfell continued – The importance of educating residents on the impact of their actions by Nick Coombe Featured Image

Grenfell continued – The importance of educating residents on the impact of their actions by Nick Coombe

Following on from our article yesterday where Dame Judith Hackitt spoke about Grenfell, we now hear from Nick Coombe, Protection Vice Chair, National Fire Chiefs Council with his thoughts. “I think it was clear after what happened at Grenfell that residents felt they were mistreated and betrayed for a number of reasons. Our role is to try and regain that confidence. Some of you will be thinking, that’s fine, but some people don’t want to be engaged with. And we have to accept that as well, that not every resident wants to know everything.  Some residents only stay for a…

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Health and Safety update Featured Image

Health and Safety update!

Health & Safety is the one thing that keeps property managers awake at night. It’s a constant worry and no property manager can be complacent – no matter how pro-active you are, there is always a risk. At BW Residential Ltd we are lucky to have the help and advice of Dom Maree. He is a Property Management Health & Safety Specialist, with qualifications in all the right areas together with a great understanding of the constraints within which property managers have to work. We find his risk assessments helpful, understandable and practical. Read his latest Bulletin by clicking the…

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How do you deal with Service Charge arrears Featured Image

How do you deal with Service Charge arrears?

Click below to listen to Property Manager, Lewis Hood talk about Service Charge arrears.     “The lease will detail how and when the service charge is due including the time and how frequently this needs to be paid. At BW Residential, we deal with Service Charge arrears promptly and in a professional manner. This means that we can make sure that there is sufficient monies available for any upcoming large expenditure, such as upgrading the entry-phone system or painting the communal areas.”

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Can I sublet my flat? Featured Image

Can I sublet my flat?

Click below to listen to BW Residential Property Manager, Lewis Hood talk about subletting your flat and whether you would be in breach of your contract or not.     “Your lease will provide details on whether you are permitted to sublet your flat.  The majority of leases will allow you to sublet but you will often need permission from the freeholder.  We would recommend reading your lease and contacting your freeholder to gain permission before subletting your flat.  As if you do not get permission, you will be in breach of your lease.”

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Unfair leasehold arrangements Featured Image

Unfair leasehold arrangements.

  An interesting article was published recently regarding a government backed pledge to stop leaseholders being trapped in unfair and costly deals.  Companies such as Taylor Wimpey and Barratt Homes have already signed the government-backed pledge, which commits them to doing away with onerous ‘doubling clauses’ that can result in ground rents soaring exponentially over a short period of time. The freeholders who have signed, have committed to changing the terms of leases for those who are affected. Other industry bodies such as Managing Agents have also put their names down, vowing to act fairly and transparently in their dealings…

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