What is Block Management?
Block management is where a property manager (or ‘managing agent’) cares for the communal areas (both inside and outside) of residential blocks of flats or apartment buildings on behalf of a landlord, developer, Resident Management Company (RMC), or Right to Manage Company (RTM).
There are a few different terms for block management in the residential property management industry. You may sometimes hear it referred to as ‘flat management’, ‘estate management’, or ‘leasehold management’.
Why do I need a Block Management Company?
Successfully managing a block of flats requires a professional and dedicated approach to residential property management. It also calls for a good working knowledge of a broad range of practices, such as landlord and tenant law, facilities management, health and safety regulations and building safety, to name just a few.
From overseeing the maintenance of the building and managing the service charge budget and accounts, to ensuring compliance with all management and legal obligations, it can be time consuming. A dedicated residential block management company can help lighten the load and keep everything running smoothly.
If you’re looking for a professional and reliable block management company, look no further. Our services include:
- Conducting regular site visits and assessing performance.
- Ensuring health and safety, fire risk assessment and asset compliance.
- Issuing service charge budgets and accounts.
- Collecting and processing service charge payments.
- Managing repairs, maintenance and major works.
- Working with our national network of specialist suppliers.
- Providing out of hours emergency support.
- Managing on site teams.
- Ensuring appropriate insurance is in place.
- Providing financial, maintenance and management information via my home, our online customer portal.
- Maintaining interest bearing client bank accounts held under statutory trust.