The property management sector is a famously fast-paced environment to work in. Building managers balance conflicting priorities, multiple stakeholders, often handling emergency situations alongside planned schedules. Across portfolios large and small, managers are turning to artificial intelligence (AI). There are various tools available that enable them to work smarter, faster and with more efficiency. Here [...]
For any Residents’ Management Company (RMC), few responsibilities are as significant, or as scrutinised, as the planning and delivery of major works. These large-scale maintenance or improvement projects are necessary to safeguard the long-term value of a building. They also come with complex legal requirements and substantial costs that directly affect leaseholders through their service [...]
For many Residents’ Management Company (RMC) directors, balancing the books is a constant. Rising construction costs, economic uncertainty and unexpected issues can put pressure on even the most carefully planned budgets. So how do you make smart, strategic decisions when funds are tight? How do you ensure legal compliance and resident satisfaction without overspending? In [...]
One of a Residents’ Management Companies (RMCs) most important responsibilities is ensuring that the building is adequately insured. This means knowing when to commission a building survey or reinstatement cost assessment (RCA). Inaccurate or outdated valuations can result in underinsurance, leaving leaseholders vulnerable to financial shortfalls in the event of a major incident. Conversely, overinsurance [...]
Darren Bagnall from Block in a Box looks at how you can avoid long-term costs of preventative maintenance on shared spaces. When managing a block of flats, it can be tempting to tackle problems as they arise. After all, why fix something that is not broken? But for Residents’ Management Company (RMC) directors, this reactive [...]
Darren Bagnall from Block in a Box outlines why it is so important to have a long-term maintenance plan and what should be included in yours. For directors of Residents’ Management Companies (RMCs), managing a block of flats means thinking beyond the day-to-day. While dealing with leaky taps and hallway lightbulbs is certainly part of [...]
