Tips for Choosing the Right Block and Estate Management Company:

If you own a block or estate in the UK, finding the right property management company is crucial to ensure that your property runs smoothly and efficiently. With so many property management companies out there, it can be challenging to know which one to choose. However, by following these tips, you can find the right block and estate management company for your needs.

1. Look for Experience and Expertise When looking for a property management company, it's essential to choose one with experience managing properties similar to yours. Belvar Property Management, for example, has extensive experience in managing blocks and estates of all sizes and types, so we understand the specific needs of your property.

2. Check Their Services and Fees Make sure that the property management company you choose offers the services you need, and their fees are competitive and transparent. Belvar Property Management offers a comprehensive range of services, from property maintenance and repairs to financial management and administration.

3. Ask for References When choosing a property management company, it's always a good idea to ask for references from other property owners or tenants they have worked with. Belvar Property Management has a proven track record of providing high-quality services and has many satisfied clients who can provide references.

4. Consider Communication Choose a property management company that values clear communication and is responsive to your queries or concerns. Belvar Property Management has a dedicated team of professionals who are always available to answer your questions and provide you with updates on your property.

5. Check Their Compliance and Regulations Make sure that the property management company you choose complies with all relevant regulations and has the necessary certifications and licenses to operate.

Conclusion Finding the right block and estate management company is crucial for ensuring the smooth running of your property. By following these tips and choosing a reputable company like Belvar Property Management, you can rest assured that your property is in safe hands. With our experience, expertise, and commitment to providing high-quality services, you can trust Belvar Property Management to manage your property efficiently and effectively.

New Lenders' Guidance on Purchasing Homes with Building Safety Issues: Clarity for Leaseholders and

Belvar Property Management is excited to share the recent update from mortgage lenders and the Royal Institution of Chartered Surveyors (RICS) that will provide more clarity to leaseholders and prospective buyers seeking to purchase homes with building safety issues. This update will help customers access a range of mortgage products when seeking to purchase or re-mortgage flats impacted by cladding.

The RICS guidance, which was recently published, will help valuers value properties with cladding, making it easier for mortgage lending on affected properties. This will enable lenders to consider mortgage applications on properties in buildings in England of 11m and over in height from Monday, 9 January 2023. However, lenders will need evidence that buildings will be self-remediated by developers or covered by a recognised government scheme or by leaseholder protections contained in the Building Safety Act, as evidenced by a Leaseholder Deed of Certificate.

This development is a significant step towards restoring confidence in the market for those wanting to buy or re-mortgage flats affected by building safety issues. This is because lenders are committed to ensuring that those who want to buy or re-mortgage flats affected by building safety issues will be able to access mortgage finance.

At Belvar Property Management, we understand the importance of providing our clients with up-to-date information on industry developments that affect them. We are committed to ensuring that our clients are aware of the changes and can navigate the process with ease. We are pleased to see that the RICS guidance will help valuers value properties with cladding, enabling mortgage lending on affected properties.

As part of our commitment to helping clients navigate the changing property landscape, we offer a range of services to help property owners and their agents stay informed and compliant. Our team of experts is available to provide guidance and support on building safety issues, including the new requirements under the Building Safety Act 2022.

In conclusion, the update from mortgage lenders and the RICS provides clarity to leaseholders and prospective buyers on purchasing homes with building safety issues. We at Belvar Property Management are committed to keeping our clients up-to-date with industry developments and supporting them through any changes in the property landscape.

Why Overseas Investors Should Consider a Property Manager

Investing in property overseas can be a lucrative opportunity for many investors. However, managing an overseas property can be challenging, particularly if you are not familiar with the local laws, regulations, and customs. This is where a property manager can be a valuable asset for overseas investors.

A property manager is a professional who specializes in managing and maintaining properties on behalf of the owner. They can take care of all aspects of property management, from finding tenants to handling maintenance and repairs. Here are some reasons why a property manager can be beneficial for overseas investors:

1. Local expertise: A property manager will have a thorough understanding of the local property market, including rental prices, vacancy rates, and tenant preferences. This knowledge is essential for overseas investors who may not be familiar with the local market conditions.

2. Tenant screening: A property manager can screen tenants to ensure that they are reliable, responsible, and able to pay rent on time. This can save overseas investors time and money by reducing the risk of problem tenants.

3. Rent collection: A property manager can handle rent collection on behalf of the owner, ensuring that payments are made on time and in full. This can be particularly useful for overseas investors who may find it difficult to collect rent from tenants in a different time zone.

4. Property maintenance: A property manager can handle all aspects of property maintenance, including repairs and regular upkeep. This can ensure that the property remains in good condition and retains its value over time.

5. Legal compliance: A property manager can ensure that the property is in compliance with all local laws and regulations, including building codes, safety standards, and tenancy laws. This can help overseas investors avoid costly legal disputes and fines.

In conclusion, investing in property overseas can be a great opportunity for investors, but managing an overseas property can be challenging. A property manager can provide invaluable assistance to overseas investors, by offering local expertise, tenant screening, rent collection, property maintenance, and legal compliance. With a property manager on board, overseas investors can enjoy the benefits of owning property without the stress and hassle of managing it themselves.

if you require further information, get in touch! contact@belvar.uk