At Modbury Estates we offer an admin only block management service. This service has been specifically designed for blocks and estates where the Directors (or a nominated person/s) acts as the ‘property manager’ whilst we complete the accounting and administration functions.
Our admin only block management service is a viable solution to help with providing a cost effective and cheap block management solution – allowing you to save money and have a more involved role and control with the management aspects.
You will gain value by utilising our infrastructure as a company, as well as having access to our management software where required.
Our admin only block management option is not a fully managed service, you do not get a property manager from Modbury Estates. See below for a breakdown of who is responsible for what:
The Directors / Freeholder will: | Modbury Estates will |
---|---|
Arrange and hold any meetings | Issue the budget that you have prepared |
Issue minutes of any meetings held | Issue service charge demands |
Employ and supervise contractors, i.e., cleaners, gardeners, fire alarm engineers etc. | Issue service charge reminders |
Arrange any contractor quotations | Take any legal action on any arrears |
Organise and supervise any repairs, maintenance or improvement works | Pass the accounts/financial information for the year to an external accountant to complete the annual accounts |
Instruct Modbury Estates to pay contractors | Organise payment of communal utility account |
Complete property inspections | Deal with any solicitors’ enquiries when a leaseholder sells their property (at an additional cost to the leaseholder who is selling) |
Provide emergency cover | Obtain competitive buildings insurance |
Obtain competitive D&O (Directors and Officers) insurance | |
Provide contacts to complete the necessary risk assessments | |
Give advice on most property matters or issues – we can resolve these on an hourly rate or fixed fee if required |
The Directors / Freeholder will:
- Arrange and hold any meetings
- Issue minutes of any meetings held
- Employ and supervise contractors, i.e., cleaners, gardeners, fire alarm engineers etc.
- Arrange any contractor quotations
- Organise and supervise any repairs, maintenance or improvement works
- Instruct Modbury Estates to pay contractors
- Complete property inspections
- Provide emergency cover
Modbury Estates will:
- Issue the budget that you have prepared
- Issue service charge demands
- Issue service charge reminders
- Take any legal action on any arrears
- Pass the accounts/financial information for the year to an external accountant to complete the annual accounts
- Organise payment of communal utility account
- Deal with any solicitors’ enquiries when a leaseholder sells their property (at an additional cost to the leaseholder who is selling)
- Obtain competitive buildings insurance
- Obtain competitive D&O (Directors and Officers) insurance
- Provide contacts to complete the necessary risk assessments
- Give advice on most property matters or issues – we can resolve these on an hourly rate or fixed fee if required
Our admin only block management service can also be used by other property management, letting agents, facilities management or block management companies as a white label service.
To find out more information about our admin only block management service, please feel free to contact us via email – info@modburyestates.co.uk or get in touch.
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