KT Management News

13
Apr

RTM companies can only acquire one block at a time

In the case of Triplerose v 90 Broomfield Road Ltd in a landmark decision the Court of Appeal have decided that a Right to Manage company can only acquire one block.

26
Mar

We’re Moving

We're Moving

We are committed to offering the best service to our customers , with this is mind we are relocating to new offices.

Our new offices will be by Merry Hill.

We will inform all residents and associates of all contact details when the move is finalised.

17
Mar

Before and After, Bin Store

before-after-bin-storeHere’s a great example of improvements on site.

A site in Tipton has had its bin store updated, giving the area a much greater appearance.

16
Mar

Selling Your Freehold?

we-buy-freeholdsWe are often approached by construction companies and builders when they come to sell the freehold for the apartment site they have developed.

 

If you are looking to sell your freehold please contact Kailee with details

kailee.hurdiss@kt-management.co.uk

26
Feb

ARMA-Q Accreditation

ARMA-Q Accreditation We are pleased to announce that KT-Management have been ARMA-Q accredited.

Posted by ARMA-

We’re proud to announce more successful members to achieve ARMA-Q accreditation.

Congratulations to:

  • KT Management Co (UK) Ltd

These members have successfully demonstrated that they meet the best industry standards through ARMA-Q – a powerful quality assurance to their current and potential clients that will give them a competitive edge.

In the UK at present there is no statutory regulation for property management companies to follow, which can lead to lots of inconsistences. This is why we became members of ARMA (Association of Residential Managing Agents).

ARMA-Q is the new self-regulatory regime for ARMA members. The Q stands for quality. By signing up to ARMA-Q we have shown that we are committed to providing the best service when managing your estate.

http://arma.org.uk/regulation/arma-q

 

 

24
Feb

What To Look For In A Managing Agent

property-management

When you live in a leasehold apartment it’s important the communal areas are well managed, so that they are safe and clean. Not only can it cause stress if the area that you live is badly kept it can also prevent you from trying to sell your property if you choose to do so.

We are often approached by leaseholders who are unhappy with their current managing agent or from site’s who self manage who want to free up their time from management.

Here are some tips of what to look for in a managing agent-

Response Time- How long did it take for your initial enquiry to be responded too? If you feel you had to wait too long this can be a bad sign.

Communication- Is there a good level of communication, so that you understand the process and all of your questions are answered.

ARMA- Are the managing agent’s members of ARMA (Association of Residential Managing Agents), the industry is currently unregulated and companies who are members of ARMA are showing a commitment to high standards. ARMA vet all members and promote excellent standards.

Experience- What experience do the managing agents have? How long have they been operating and what types of developments do they have experience managing?

Arrange a meeting- Can you arrange a meeting to meet the managing agents. This is a great way to get to know the company, the staff and discuss the site needs.

References- Ask for references from residents living on sites the managing agent manage and discuss their experience with using the managing agent.

Visit a site- Visit a site the managing agents manage and see for yourself the standards.

Finding the right management company is vital for the future of your site and your current happiness. Here at KT-Management we know communication is key, working together for a nice, safe and clean environment to live.

 

If you feel KT-Management could help you contact Kailee

kailee.hurdiss@kt-management.co.uk

01384 573637

19
Feb

Appointed As Management Company

property managementWe were pleased to be appointed as the management company for an apartment site in Stourbridge today. The owners who own the freehold wanted to free up their time from managing the site.

If you are a leaseholder managing the apartment site where you live and want to free up your time please be in contact for a free, no obligation consultation.

kailee.hurdiss@kt-management.co.uk

01384 573637

17
Feb

Apartment To-Let Tipton

We are proud to introduce to you a modern, two bedroom, self contained apartment located on Sannders Crescent in Tipton.

The property comes with two private parking spaces, Kitchen appliances and neutral décor throughout.

The property has economy 7 heating and an electric shower.

 Easy access to near by Tipton Train Station, Wolverhampton and Birmingham.

The property has an EPC rating of C and is ready to let to suitable applicants

£475 PCM *fees apply

If you would like to arrange a viewing please contact Kailee

kailee.hurdiss@kt-management.co.uk

01384 573637

Apartment-to-letDSCN0069DSCN0073

DSCN0075DSCN0070

16
Feb

Property Management Explained

Property ServicesThe services we provide to residents and owners is in a nutshell is making sure the communal areas are clean, tidy and in a good state of repair, helping to keep the estate a nice place to live. Communicating well with residents and managing cash flow for the best interests of the site for today and for the future.

We also work in accordance to the lease which can impact the services we provide. For example we have come across leases that state the owners themselves are to clean the windows and not the management company.

We like to take the proactive approach, here is some of what’s involved in property management;

Daily Management

  • Communication with residents informing of site visits and AGMs
  • Manage suppliers and contractors
  • Make sure appropriate insurance is in place
  • Regular site visits with a 30 point check list
  • Annual fire and health and safety risk assessments
  • Site meetings

Financial Management

  • Produce budgets for the year ahead for the sites needs
  • Lease reviews to make sure our service is compliant
  • Work with an independent professionals to prepare a long term maintenance plan
  • In addition to a current client account we set up a second account for the reserve fund
  • We collect and hold service charges in clients accounts in accordance with section 42 of the Landlord and Tenants Act 1987
  • We can also collect ground rent
  • We secure all records in accordance to data protection
  • We prepare financial accounts each year to ensure every penny is accounted for

Purchasing a property is often the biggest financial commitment we make and we work hard to make sure your investment is well looked after.

2
Feb

Communal Areas

COMMUNAL-AREAS-SAFE-PROPERTY-MANAGEMENT-KT KT-Management have been looking after apartment sites for nearly 10 years. Our priority is for residents to be safe and happy within their homes.

Living in an apartment residents have to follow the terms of the lease, as do we at KT-Management. A lease will state that you are not permitted to store items in the communal area and there are various reasons why.

Safety– In the event of a fire we need to know all escape routes are clear for an easy exit

Hazardous– Items in the hall way can become a trip hazard.

Disabled access– Making sure there is amble room for disabled users to manoeuvre.

Unsightly–  Not only can it make the area look unsightly but bikes can often mark the wall.

Emergency Access– knowing emergency services can access each apartment easily .

This also means no storing in communal electrical cupboards. If a fire was to break out the items could set alight making the fire more intense also releasing toxins.

As part of our property management our property manager visits sites regularly to ensure all communal areas are clutter free.

Thank you in advance for keeping your communal area clutter free

KT-Management working together to provide a nice, safe, clean environment to live