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What is the difference between Block Management and Property Management?

How Block Management differs from Property Management?

The overall management of various amenities within a multi-property structure is called Block Management. Property Management and Block Management are two distinct types of management, despite their similar names and services.  Property Management focuses on single-tenanted properties, whereas a Block Management team oversees the overall operation of a flat complex. Budgeting, accounting, maintenance, and service …

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What is Block Management?

What is Block Management?

Block management is a service where a licensed agent manages the building on behalf of the owners-occupiers; this includes the financial and operational aspects and the building’s gardens, hallways, and exterior.    Block management is also referred to as leasehold management, property management, and estate management.   What is Block Management? In residential properties, block …

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What is level 3 building survey?

What is a Level 3 Survey?

A Level 3 Full Building Survey will provide a comprehensive evaluation of the property’s structure and condition. It also includes an estimate of the cost of any necessary repairs. The information provided in this type of Survey will provide you with a thorough understanding of what you are purchasing.   However, it is essential to …

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5 Habits of a Successful Property Manager

5 Habits of a Successful Property Manager

There’s no way to truly ‘master’ the real estate market when it’s continuously evolving. However, a great property manager knows that there’s always room for improvement and the opportunity to learn more; here are 5 habits that can help a property manager stay on track. 1. Core Competency: Communication It’s not advised that you call …

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How Often Should Rental Units Be Inspected?

Inspections of rental units can be a tricky situation. When letting a property to someone, you want to ensure the property is maintained and in good repair, but you also do not wish to infringe upon your tenant’s privacy.  So, what’s the correct answer? How often should you inspect the property you’re letting? Unfortunately, there …

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Help! What’s Covered Under Home Insurance?

The most expensive purchase you’ll likely ever make is buying a home. Home insurance gives you peace of mind that if something goes wrong, you’ll be able to fix or replace it.  However, it’s essential to understand what your policy will and will not cover.  There are two types of home insurance to consider: Buildings …

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Top 5 Things Every Homeowner Should Know About Their Property

Owning a home comes with a ton of responsibility. That’s why it’s a good idea to familiarize yourself with everything on the property so that you can stay on top of essential maintenance and upkeep. When you own a home, it seems like there’s always some expense coming up. Whether it’s a required plumbing repair …

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Rights of Access for a Building Surveyor Professional

Rights of Access for a Building Surveyor Professional

For matters connected with the Party Wall etc. Act 1996, you will need to know certain information. You will need to be guided on these matters by experts.   The Building Surveyor professionals are here to help you. Party wall matters can be very complicated, and you must understand your rights. You will also need to be …

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