At SG Property Management Ltd., we work closely with the developers to ensure the estimated annual charge is set at a level at which they are happy to market properties, whilst providing adequate funds are available to ensure the smooth management of the properties.
Unlike refurbished buildings or existing developments, there is no previous financial information available. With our experience in dealing with new developments, we are able to advise developers of the predicted ongoing maintenance costs and provide advice on the likely impact of installing certain services. Getting the service charge level right from day one is essential to protect both the developers' and the managing agents' good reputation.
With any new development, there are likely to be teething problems. By involving us from the start, and through the phased completion, we are able to deal quickly and efficiently with these issues as they arise.
What services can we provide developers?
We manage a variety of new developments, from small individual blocks to large complex developments containing several hundred units.
By involving us from the very start of the project, SG Property Management Ltd. provides:
- A review of plans and draft Deed of Conditions to ensure that it is effective for the development as we know that getting the Deed right is key to the future smooth management of the development
- Expert advice on the development of common charge budgets to ensure all areas of future maintenance and management are accounted for properly
- All administration and management responsibilities for the common areas as soon as they are handed over to us
- Arranging and administering buildings and other insurance policies
What are the benefits?
- Removes the costs and the time of dealing with these matters from the developer
- Protects the developers' good reputation
- Provides residents with continuity after completion
- One point of contact for any issues raised
Contact us : enquiries@sgpropertymanagement.co.uk
