Property management companies need specialist, tailored advice when it comes to managing blocks of flats
Many property management companies which are responsible for the maintenance and safe running of their blocks of flats are run and managed by volunteer directors and leaseholders. Often these volunteers have never received formal training and may not have any particular expertise in the complex world of property.
For this reason the professional advice we offer to your property management company requires to be explained in a suitable manner taking account of the expertise of the
directors, freeholders and leaseholders concerned.
Whether your property management company owns the freehold of your block of flats or apartments or is a leasehold management company, the same principals apply. Many leasehold management companies include residents management associations and ever increasingly the new breed of RTM company. Alternatively the estate management company may have been given its standing by virtue of being a party named in the property lease with duties and responsibilities described therein.
Whatever the nature of your requirements, our services to your property company need to take account of your specific needs including those of all freeholders, leaseholders and residents. This requires a flexible approach recognising the background of the individuals involved, the management structure of your organisation and the leaseholders concerned. There will undoubtedly be strengths and weaknesses relating to the expertise and experience available and at VFM, we see it as our responsibility to understand and pro-actively ensure that you receive the management input you require.The board of directors of your property management company can then proceed safely in the knowledge that you are receiving the correct professional advice from an established block managing agent, Regulated by RICS, corporate member of ARMA and The Property Ombudsman.