Professional block management – where a specialist company maintains and manages a multi-apartment property or a residential development – has benefits for freeholders, leaseholders and tenants. Below we’ve covered just some of the ways it can help to maintain the property values and provide peace of mind.
Repairs and maintenance
Whether it’s fixing a leaking roof or planning and delivering a comprehensive annual maintenance programme, having a block management company in place means everything from routine repairs to major refurbishments is taken care of.
As well as having relationships with reliable contractors and tradespeople to carry out any work required, a good block management company will be able to offer an easy way for occupants to report and track progress on any building issues.
That’s good news for tenants, who’ll benefit from living in a well-maintained block or estate, and great news for freeholders and leaseholders who want to protect the resale value of their property.
Financial and administrative management
Your block management company will also handle all the finances and administration for the property, from collecting annual service charges and ground rents to managing maintenance budgets, arranging building insurance and organising annual general meetings.
Having professional property experts to manage matters like this takes a lot of the hassle out of property ownership and gives leaseholders and freeholders reassurance that their service charges are being managed responsibly.
Health and safety
Block management firms are responsible for ensuring the properties they look after are safe and secure for residents.
From regular fire safety inspections to check equipment and alarms are working properly to installing appropriate security and entry systems, professional block managers make health and safety their top priority, helping to create an environment where occupants feel safe and know how to report any potential hazards.
Managing disputes
Block management companies can play an important role in maintaining good relationships between freeholders and leaseholders, or even between tenants in a development.
It’s not unusual for disputes to arise between these parties, from complaints about noise to disagreements about service charges or maintenance work. A block management company will have an established process in place for dealing with these fairly and can act as a neutral party in achieving a resolution.
Get in touch
Pure Block Management provides professional, experienced property management services for over 100 developments of all types and sizes across Yorkshire and Lincolnshire.
We work on behalf of property owners to give them complete peace of mind and maximise returns on their investment while giving leaseholders and tenants the very best level of service.
Get in touch to find out how we can help you: call our team on 01482 326677 or email us at hello@purebm.co.uk
