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Ground Rent Sales
  • Ground Rent Sales, the number one website for buying and selling Freehold Ground Rents.
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  • sales@groundrentsales.co.uk
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  • Home
  • About
  • Buying
    • Buyers Questionnaire
  • Ground Rents For Sale
    • All Leases
    • Long Leases
    • Short Leases
    • Headleases
    • Leasehold Houses
  • Selling
    • Sellers Questionnaire
    • Ground Rent Agency
    • Ground Rents Wanted
    • Ground Rent Portfolios
    • Short Leases
    • Leasehold Houses
  • Sold
    • All Leases
    • Long Leases
    • Short Leases
    • Headleases
    • Leasehold Houses
  • Useful Information
    • The First Right of Refusal
    • Service Charges
    • Ending of a Lease
    • Section 5a Notices
    • Useful Websites
  • Areas Sold
    • London
      • North London
      • South London
      • East London
      • West London
    • Home Counties
    • Birmingham
    • Manchester
    • Liverpool
    • Leeds
    • Newcastle
    • Yorkshire
  • FAQs
  • Contact
    • Sellers Questionnaire
    • Buyers Questionnaire

Block Managers

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Many investors like the idea of buying freehold ground rents but some blocks stipulate in the lease, that the freeholder is responsible for managing the block and undertaking work such as maintaining the garden, arranging for the external windows to be cleaned, keeping the communal areas clean, paying for electricity in communal areas and also maintaining the building.

All of these duties are required to be carried out and paid for by the freeholder and then the freeholder can claim these charges back by way of service charge to the lessees. The freeholder is also responsible for insuring the building and again is reimbursed by the lessees.

Can I appoint a block manager to manage the building?

Whether you’re an investor or a property developer, most individuals or companies are not set up for block management and find dealing with contractors, preparing accounting records and liaising with the lessees time consuming and very stressful. You may wish to appoint a specialist block manager to deal with the day to day management of the building, carrying out tasks that include dealing with maintenance contractors and preparing the financial reports.

The appointed block manager can also take care of the larger building projects including re-roofing, installation of double glazing and deal with the insurers if the building has structural problems. We have a number of block management companies that we can recommend to take over the day to day management of your building or residential estate, without any charge to you as the freeholder.

If you would like to pass the stress of managing you freehold block to a specialist block manager, please call 01932 851810.

 

Have a read of some of our other articles:

Are Commercial Ground Rents A Good Alternative To Traditional Investments?

Are Commercial Ground Rents A Good Alternative To Traditional Investments?

Leasehold Reform Act

How the Leasehold Reform (Ground Rent) Act 2022 Will Change the Ground Rent Investor Market.

Why Investing In Ground Rents Is Becoming A Popular Investment

The appeal of Ground Rents to Investors

Are ground rents a good investment?

Ground Rent Sales

Ground Rent Sales Ltd
Surrey House
7a – 9a Church Street
Esher, Surrey. KT10 8QS

Tel: 0208 1331221

Email: sales@groundrentsales.co.uk

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Useful Ground Rent Links

 
The Leasehold Advisory Service  The Leasehold Advisory Service.
Find a Solicitor service by the Law Society  Find a Solicitor service by the Law Society.
Rightmove - One of the UK's largest property websites  Rightmove – One of the UK’s largest property websites.
 
Zoopla, a smarter property search website  Zoopla, a smarter property search website.
Google Maps Google Maps.
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