Property Management
An adaptable bespoke service for institutional & private investors.
London Clancy's Property Management Department is based in the Basingstoke office and is supported by both the Camberley and Southampton Offices.
We currently act in a management capacity for more than 50 clients, with a total portfolio rent roll in excess of £3.5M per annum.
We deal with rent and service charge collection, providing the client with quarterly and annual statements.
We are also registered with the RICS for placing insurance business and in this capacity we have a block policy available for our clients at competitive rates.
As part of the service on offer we undertake regular property inspections and minor repairs and maintenance incorporating contract supervision. Our IT system is used to diarise rent reviews, break dates, redecoration intervals etc. The system also produces service charge statements and analysis.
Whilst the service London Clancy offers can be tailored to the client and the requirements of the physical construction and lease obligation, the following items are commonly included.
- Collecting of rents
- Rent, service charge & insurance rent
- Tenancy supervision
- Regular inspections
- Enforcing tenants’ covenants
- Response to on-site incidents
- Liaison over tenants licences for alteration/ alienation/user
- Diarised periodic events such as decoration/rent review/break clauses
- Dispute resolution
- Discharge of landlords liabilities
- Fire safety
- Health & safety
- Ground rents
- Insurance
- Service charge and repairing covenants
- Contractor liaison/monitoring
- Asbestos register
- DDA compliance
- Operation of service charge
- Setting a budget
- Tendering / placing / overseeing contracts
- Demand and collection of monies
- Reconciling / certifying expenditure at year-end
- Dispute resolution
- Insurance
- Placing of insurance business
- Discharging premium
- Recovery of premium for tenant
- Claims handling
Whilst the above gives a flavour of the service we offer, it is not intended to be exhaustive and we are happy to tailor the service to the needs of our clients.
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