Block Management is the role of managing the Communal areas of residential properties, usually either purpose built or converted flats.
Block Management takes time and attention to detail. It requires a detailed knowledge of legislation in terms of landlord and tenant law, health and safety and leasehold matters. A Basic level of accounting and dealing with handling Client money and assigning funds is also required. Budgeting, forecasting, setting service charge levels accordingly and basic financial reporting are also key aspects in managing a block successfully. At Polecat properties our Block Managers can provide this expertise combined with a high level of customer service. Our Staff are trained in all aspects of Block Management so can offer you complete peace of mind that your investment is in good hands.
A property with more than one leaseholder is deemed a block so properties requiring our services can vary from a house converted into 2 flats to large purpose-built blocks with 10+ flats in. Therefore, we tailor our service to suit each block and each landlord individually.