Block management companies are typically engaged by the Freeholder, a Residents Management Company, a Right to Manage Company or a similar party. They’re responsible for the provision of services under the terms of the Lease.
There is no generic list of services that can be applied to every building in the UK however, if we look to the Lease it will detail the services the ‘Landlord’ is responsible for and therefore subsequently the block management company.
Typical block management services will include the placing of building insurance, ensuring contracts such as cleaning are in place and value for money, ongoing day to day repairs and maintenance and so on. Block management companies require a diverse range of knowledge in areas such as accounting, health and safety, law, insurance and construction.
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