Resources
Resources
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.…
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…
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…
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.
‘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…
Do you think Commonhold will come into play in England and Wales?
Listen to Property Manager, Lewis Hood discuss his thoughts regarding “Do you think Commonhold will come into play in England and Wales?” “Currently, no! There are few incentives that offer developers a good enough reason to choose Commonhold over Leasehold from a financial perspective. Unless this changes, there is no clear sign of an increase to the current…
Where are we two years on from Grenfell?
Dame Judith Hackitt, who led the Independent Review of Building Regulations and Fire Safety in 2017, discussed the importance of resident engagement on fire safety matters at a recent seminar. Dame Judith Hackitt, said: “Despite the fact the Review is complete and the recommendations are being implemented – all of them – I’m delighted to say by the Government, I think…
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 &…
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…
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.…