Block Management Services Residential Block Managing Agents
VFM Residential Block Managing Agents comprehensive block management services meet the RICS Management Code for leasehold blocks of flats and apartments.
When it comes to maintaining and ensuring the smooth running of freehold and leasehold blocks of flats or apartments, few things are more important than professional property block management services
Block Management Services
Our residential block managing agents services have proven immensely popular with property developers time pressed landlords, directors, leaseholders and members of leasehold and freehold property management companies.
We guarantee the highest service standards for your residents property management company in compliance with the RICS Residential Service Charge Management Code.
Property Block Management Services Residential Block Managing Agents Services
Just some of the advantages that can come from our block management services, will depend on the size and type of your property, and include: Financial and service charge management, health and safety, buildings insurance and engineering cover, lease management, property maintenance and repairs, project management of major works and statutory leaseholder consultation.
Financial Service Charges Accounting Service Charges Management and Property Financial Accounts Professionally prepared service charge accounts, forecast budget and planned financial expenditure are underpinned by transparent financial reporting and controls. Service charges are calculated and agreed with the freehold landlord or leasehold management company on the basis of an approved budget forecast. The agreed service charge is collected from… Read More
Insurance Buildings Insurance and Management Company Liability Cover An important part of our block management agent duties involves procuring buildings insurance on behalf of the freeholder, leaseholders or property management company. In conjunction with specialist insurance brokers we will obtain quotations from suitable suppliers for your consideration and approval. Adequate buildings cover must be maintained in accordance…
Health and Safety Health and safety requirements in your block of flats must be given priority. Aside from the obvious dangers, failure to comply with the law is a criminal offence and carries hefty penalties for those in breach. Regulatory Reform (Fire Safety) Order 2005 fire safety rules affecting all non-domestic premises in England and Wales came…
Lease Management It is unfortunate that leaseholders or residents may experience nuisance or excessive noise from neighbouring flats from time to time. Such problems can easily escalate if they are not addressed promptly, particularly if the problem is of a continuing nature. A professional from your managing agent’s lease management team can help and will step in…
Maintenance & Repairs Property and estate maintenance and repairs. Planned maintenance is an important feature of our block management service giving you access to competent, independent contractors at competitive rates. We will endeavour to maintain your building and estate in a good state of repair at all times taking account of its general age and overall condition. VFM…
Section 20 Statute Requires that Leaseholders Must Be Consulted Regarding Landlord Works Under Section 20 of the Commonhold and Leasehold Reform Act 2002, Qualifying Works to be funded by the service charge account are subject to stringent consultation procedures with Leaseholders. As a result of changes to legislation, major works consultation procedures which were previously covered under Section 20…
Major Works As project managers and RICS chartered quantity surveyors, VFM is well qualified and experienced to manage your major works programmes. Proven professional advice from seasoned experts will help save you money by guiding you through what can often be a fraught and complex process There are many different aspects to our block management agents services
Company Secretarial Services Where required, specialist company secretary services are offered to assist you with running your property management companies. Our company secretary duties typically include dealing with all associated company legal requirements, liaison with officers and accountants on the company’s behalf, and filing and completion of the annual return to Companies House. Please ask for further details.
Planned Maintenance Is an important feature of our block management service. By carrying out regular building condition surveys and taking account of the requirements of the lease your team can arrange practical, realistic, planned works helping you avoid potentially expensive emergency call outs.
Dedicated Emergency ‘Out of Hours’ Helpline We realise there is a demand for a professionally managed, out of hours facility which will guarantee you access to bona fide tradesman to attend to emergencies at any time of the day or night. Our helpline provides you with all of the benefits of your own dedicated helpline facility for emergency call outs when…
Financial
Expenditure
We calculate and agree realistic expenditure authorisation limits with you.
We pride ourselves in our professional, diplomatic approach, aiming to be both sensitive and succinct at all times.
Client reporting and accounts
Regular financial accounting and reporting is presented in a clear, easy to read format.
An essential aspect of our property block management agents responsibilities includes upholding the obligations of the lease, fairly and clearly to all parties.
Leaseholders
Disgruntled leaseholders take note
If you are dissatisfied with your existing freeholder and are looking to change how your block is managed there may be options open to you subject to
Right to Manage (RTM)
Current residential legislation supports leaseholders’ involvement in taking over responsibility for their block management. This is largely achieved
