Block management can be a complicated and time consuming process. There’s so much to think about, but finding a block management company that is able to take on these services could save you valuable time and money.
What is block management?
Block management is the process of managing a property on behalf of the owners. This can include anything from property maintenance to collecting rent.
There are a few different ways that you can manage your properties – do it yourself, appoint a managing agent or hire a block management company. Appointing a block management company is an ideal option if you don’t have the skills or legal knowledge to undertake the process yourself.
Key Services of a block management company
Property Maintenance
A block management company is in charge of the maintenance of your residential building. This includes managing and maintaining the common areas, as well as any communal facilities such as parking areas and shared gardens.
As a part of their property maintenance service, block management companies are in charge of scheduling work and ensuring that contractors are paid for any repairs or maintenance that has been carried out.
Claims and legal disputes
An important responsibility of your chosen block management company will be to manage any claims, insurance issues or legal disputes that may arise. This includes dealing with any damage caused by tenants and overseeing any legal conflicts such as unpaid rent or inventory disagreements.
Financial Property Management
Another responsibility that will be included in the block management services is the management of finances of your residential property, including collecting rent and service charges from tenants.
Health and Safety Regulation compliance
Your property management company will ensure that your buildings comply with all relevant health and safety regulations, such as fire safety and security, and managing any asbestos that may be present in the buildings.
At Dependable, we take the safety of your tenants very seriously. We offer a range of fire safety and security services as part of our facilities management, including fire inspection, security cameras and barriers and gating systems.
Your chosen block management company should be able to tailor their management services to your specific needs and provide you with a high level of customer service.
Why use a block management company?
Block management companies are extremely beneficial, especially if you own multiple properties. There are many benefits of using a block management company:
Convenience
Block management companies can take care of all the day-to-day tasks associated with running blocks of flats, from fixing maintenance issues to dealing with tenants. They can free up some of your time so that you can focus on other things.
Save money
A block management company can help you to save money on your property costs. They may be able to negotiate contracts with suppliers and contractors to reduce any maintenance costs and get discounts on bulk orders.
They are also able to advise you on energy-saving measures that could reduce your bills and make your properties more energy efficient.
Peace of mind
Knowing that your property is in safe hands can give you, and your tenants, peace of mind.
When you use a block management company, you can be sure that your property is being well-looked after and your tenants can feel safe and secure in your property.
How to choose a block management company?
When recruiting a company to manage your property, it is important that you find one that is experienced and reputable. Make sure to do your research, be clear about what services you want from a block management company, and get quotes from a few different companies to compare fees and services.
When researching block management companies near you, make sure you consider the size of the company, their experience, their fees and their level of customer service. It’s important that you choose a company that will work for you.
How Dependable can help
Dependable ensure that the same team visit your property throughout the season, to encourage familiarity and a positive customer relationship. We also have experience managing a variation of different properties, from single rented properties to multiple blocks of flats.
Our 5 star Google Review rating shows that our customer service is second to none, and we pride ourselves on providing professional, reliable services at a reasonable price!
Contact us today to discuss your requirements and discover how we can help you.
