10th December 2019
The benefits of a Proactive Maintenance Programme for managing apartment blocks
The management of purpose-built block of flats is quite a unique form of property management, requiring specialist skills and an in-depth knowledge of legislation not normally found within the average residential letting agency. As one of the leading block property managers across Chester, Cheshire, Shropshire and the Wirral, we know all too well the importance of a proactive maintenance programme. Here, we share the benefits it can bring to owners and trustees of block property:
Plan repairs and improvements
All buildings, old or new, need a well thought-through maintenance plan to ensure that you, as the leaseholder, get maximum value from your property. We recommend creating a 10-year maintenance plan so that you’re not caught off-guard a few years down the line.
A proactive approach to maintenance will help us to deal with problems before they escalate and ensure your apartment block looks its best at all times. We will allocate your maintenance budget appropriately to keep the internal and external areas in tip top condition. Which leads us to…
Manage budgets effectively
Taking a realistic long-term view of upkeep and repairs means you can properly manage your budget for the lifetime of the property. This also means you’ll be able to factor in appropriate service charges for leaseholders, present and future, based on the projected upkeep costs over a 10-year period. We make sure you have a healthy sinking fund ready to pay for the larger planned maintenance items.
Receive regular inspections
A surveyor’s inspection is a vital diagnostic tool for your building, highlighting not just immediate problems but any potential defects. When repairs are identified early, they can be integrated into a maintenance plan — rather than going unnoticed and compounding into costly and disruptive repairs further down the line.
Peace of mind
Knowing that your building maintenance is in the hands of proactive and professional property manager can bring great peace of mind and will also ensure that you get the most from your property investment.
If you’d like to find out how we could help you take a proactive approach to managing your apartment block, speak to our specialist Block Management team today.