The process of handling and controlling the residential buildings on behalf of the property owners is referred to as block management. The freeholder appoints a managing agent to take care of the property. They will be in charge to collect the service charges. This management process is also said as leasehold management, property management, and also as estate management. The agent is responsible to take care of the communal areas which have to be maintained in good condition. Block management is nothing but the interaction between the leaseholder and the property owner. Generally, it deals with the administration of the residential blocks of flats. Commonly experts in block management are admitted to deal with the leaseholder. Block Management specialists of Strangford Management in London provide an efficient and simplified approach.
The management company is liable for the maintenance including the lift repairs. The main thing to consider is the selection of the block management company. The leaseholders have to be trusted by the landholders. There will be a type of insurance coverage that you have to think while going for lease. These companies will make a representative confirm the communal areas, lifts, and all other facilities are working in good condition. There are certain areas of regulation that everyone has to