As the temperatures begin to drop, it’s crucial to test your heating system to ensure it operates efficiently and effectively when you need it most. Before the cold truly sets in, take the time to turn on your heating system and set it to a comfortable temperature. Check for any unusual noises, listen for potential […]
Cold weather is approaching! Read More »
Are you a landlord with a tenant looking to vacate, or with a vacant property looking to find a tenant quickly to generate some income? Here at Michael Parkes, we have years of experience in residential lettings and can help you find the perfect tenant. In the current climate cost is everything and we can
Residential Lettings Read More »
A rarely seen industrial investment opportunity, this commercial property freehold is for sale with the benefit of the existing tenancy. The subject property has been let to the same tenant for a number of years and with a lease renewal dueshortly, there is ample opportunity to increase the investment. These premises form part of a
Industrial Investment Opportunity Read More »
As we move towards the end of 2022, many managed blocks and estates are starting to finalise their accounts for the year, and this is often the time that Directors and Shareholders start to think about whether they are getting value for money from their Managing Agent. Over the course of the year, it may
Is it the end of your Service Charge year? Read More »
You’ve bought a beautiful newly built house on a great estate, and now you’ve moved in, the bills start to arrive. To your shock, an invoice for Service Charges lands through your letterbox. What’s this? You own your house! The council fixes the lights and sweeps the road, cuts the grass and collects the rubbish
Freehold Service Charges? Read More »
If you are looking to sell or staircase your part ownership property, you will require a valuation by an RICS registered valuer. This type of valuation requires the valuer to supply your Housing Association with a description of the property, photographs and commentary on both the demise being sold and the current property market. We
Selling or Staircasing your Housing Association part ownership property? Read More »
The question is often asked by leaseholders: why do we need a Health & Safety risk assessment every year? The answer is that we as managing agents have a duty under the Management of Health & Safety at Work Regulations 1999 to undertake these risk assessments. The courts and the Health and Safety Executive have
How important is Health & Safety when managing a block or estate? Read More »
Were you one of the thousands of leaseholders who had their ground rents double (and more)? The government has confirmed that The Competition and Markets Authority (CMA) has secured undertakings from 9 companies that bought freeholds from leading housing developer Taylor Wimpey. A further 4 national developers – Crest Nicholson, Redrow, Miller Homes and Vistry
Leasehold ground rents Read More »
How important is it that you keep your landlord (and managing agent) up to date with your own address rather than that of the property that you own? The answer is: REALLY important. Recent caselaw has shown that if you do not supply this address, to which notices are to be served, then you run
Non-resident leaseholders Read More »
We’ve taken a few calls recently from existing long leaseholders who believe that they are being incorrectly charged for Ground Rent. However, whilst the law has changed, and ground rents will in future not be able to be demanded, this only relates to new long leasehold interests and is not retrospective. The new law started
Confusion over Ground Rent changes Read More »
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