Residential Property Management




block of flats
Unit 21d Longmead, Epsom
 

After many years dealing with commercial and mixed use property management, Bridger Bell is now adding a further element to its services, residential management and has recently appointed Frances Wilson MRICS. Frances has specialist knowledge of managing the communal areas of blocks of flats and providing a good quality of service to Residential Management Companies, Residents Associations and Freeholders to ensure that the developments are well maintained and efficiently run.
In contrast to many other residential Managing Agents, Bridger Bell are Members of the Royal Institution of Chartered Surveyors, strict adherence to their rules and procedures in terms of property and financial management are therefore required and all residents' funds are underwritten by the RICS Clients Money Protection Scheme.

Our services cover all areas of block management and leasehold management in the South East area including the following :
Repairs and Maintenance - this will include regular site visits, immediate action on urgent repairs and putting in place a planned maintenance programme.
Competitive Insurance - We liaise with insurance brokers to obtain competitive premiums for buildings insurance, public liability insurance, Directors and Officers insurance and lift engineering insurance.
Financial Management - Each property has its own dedicated client account into which all service charges are paid and out of which all bills are paid. At the year end the accounts are externally audited by Accountants and distributed to the leaseholders. We run a strict service charge demand system to ensure that the service charges are paid.
Budgets - We prepare service charge budgets and at the end of the year we review the budget taking into account actual expenditure and provide advice and recommendations to the Directors. We also provide advice on the level of any sinking fund and whether it is sufficient to cover future costs.
Major Works - When major works are required that cost more than £250 per flat, we will comply with Section 20 of the Landlord and Tenant Act 1985 (as amended) and arrange for the required notices to be served and oversee the works.
Health and Safety - it is vitally important that as a Director of a Management Company or a freeholder that your development is compliant with the relevant legislation to reduce the risk to residents as well as liability. We will arrange to carry out a Fire Risk Assessment (in accordance with The Regulatory Reform (Fire Safety) Order 2005) which will be periodically reviewed. We also ensure compliance with the legislation on asbestos, lift inspections, electrical testing, stored water testing, lightning conductor testing etc.
 
Company Secretary - If you are a Director of a Management Company it is your responsibility to ensure that your company complies with the requirements of Companies House. To ensure this is done we can act as your Company Secretary, which may include arranging AGMs, maintaining company books, prepare share or membership certificates, minutes, issue notices, issuance of filing company returns.
With the addition of this service Bridger Bell can now cover all types of management and are also in the relatively rare category of being particularly capable of dealing with mixed use development and commercial properties. This is an aspect of management not normally relished by agencies that specialise in either commercial or residential management.
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If you would like more information about block management,
then please give Frances Wilson or Bob Collins a call on 01372 741777