Category: Property Management
Market trends, transactions and news stories from across the business.
Property fire safety
The recently published Grenfell Tower Inquiry Phase 1 Report has raised many issues as to how fire and health & safety is managed in buildings.
A guide to Overage Provisions
The concept of overage payments is something we are becoming increasingly involved with to help protect our clients, whether it be over the short term or long-term future.
Owners of unoccupied properties need to be aware
There has been continuous media coverage surrounding the lack of available housing and the need to build more houses, which has significantly increased pressure on local councils to find new homes. They are increasingly needing to be more creative in accommodating residents at affordable levels.
Can you bear to repair?
So, you own a great commercial investment, let on full repairing terms to a blue-chip covenant. Great.
Lessons for private investors: Spotting the signs of insolvency
As the current period of economic uncertainty continues, one thing has always been certain in business, some companies will survive, indeed thrive, and others will not.
Residential block management wins customer service award
Strettons is pleased to share that our Residential Block Management team took home the Customer Service Award at News on the Block's Property Management Awards 2018.
New electronic communications code - What owners, investors & developers should know
The Digital Economy Act 2017 and the new Electronic Communications Code came into effect in December 2017 and replaced the much criticised Communications Act 2003, which was widely considered to be unfit for purpose.
Preparing for Phase 2 of the Energy Savings Opportunity Scheme (ESOS)
ESOS assessments are audits of the energy used by buildings, industrial processes and transport to identify cost-effective energy saving measures. This is a mandatory energy assessment scheme for organisations in the UK that meet the qualification criteria.
Changes for service charges on commercial property
The fourth edition of the RICS code of practice for management and administration of service charges in commercial property is in its final stages before regulatory approval and is due to be issued as a professional statement. The changes come into effect in April 2019 to give adequate time for accounting procedural change.
Misrepresentation on the importance in providing reliable information
In the recent case First Tower Trustees Ltd and another v CDS (Superstores International) Ltd (2017) dealt with a case brought by a commercial tenant who claimed for misrepresentation.