There are few things that are certain in this world and change is one of them. The most significant change for the property industry is the new fire safety legislation that has been put in place following the tragic events of Grenfell. Many lessons were learned following the Dame Judith Hackett review and we embrace...
Alexander Faulkner Partnership Ltd has acquired WL Estate Management Ltd t/a Wise Estates. From 1st July 2021 onwards, WL Estate Management Ltd will trade under the Alexander Faulkner Partnership Ltd brand. Wise Estates (which you may also know as SDL Property Management prior to 2021) has withdrawn from estate and property management. This acquisition brings...
From conversations with our residents, we know that many homeowners are not aware of the detail behind their service charge and management fee, plus the extent of work undertaken on blocks and/or estates. We believe in being transparent, so we hope this guide adds some context to exactly where your money goes: What does your...
If you have been following the government’s plans for cladding remediation, you may have noticed that a vital group has been left out; leaseholders in buildings between 11 – 18 metres in height. We want to change this, and we need your help. Background Following the tragic fire at Grenfell Tower in June 2017, the...
In March 2020, the government announced the launch of an additional £1 billion fund in the Budget to remove unsafe non-ACM cladding from buildings. Registration opened at the start of June, and leaseholders have been understandably keen to get access to the fund. There is debate and controversy over the government’s handling of the crisis,...
Many leasehold properties have a Resident’s Management Company (RMC) or a Right to Manage Company (RTM) in place. We will use the term “RMC” to refer to both types of company. An RMC has a board of directors with a range of responsibilities. Being a director gives you the chance to make a real impact...
Guide to living in leasehold A leasehold flat is usually a property in an apartment block, converted house, or above a commercial unit. When you buy a leasehold property, effectively you are buying the lease. You are leasing the property from the freeholder for years, decades – even centuries. Tenant and landlord Once you buy...