Financial
Service charge – freeholder service charges collection including calculation of maintenance charges and preparation of applications for alp payments due from leaseholders
Ground rent – calculation of freeholder chargers and landlord ground rent collections
Lease
Interpretation we understand the importance of correctly interpreting the property lease to ensure that matters are dealt with on a sound legal basis
Communication
Regularly inform all parties of their rights and obligations under the covenants of the property lease to help avoid non-compliance and minimise the risk of contravention or breach
leaseholders - implemented suitable procedures insuring the residents and leaseholders comply with their obligations under the lease and enforcing those terms as maybe required
landlords - implement suitable procedures ensuring that the landlord, freeholder or residents management organisation meets its obligations under the lease and enforcing its covenants as appropriate
statute - applying effective management procedures taking account of current legislation under statute which may alter or render certain terms of the lease out of date or inapplicable
Contravention
Deal effectively with reports of complaints regarding landlords leaseholders or residents who may be causing problems or nuisance in contravention of the property lease
General
Assist with negotiating the freehold purchase right to manage arrangements and negotiating lease extensions