Fisher Wrathall Commercial is owned and run by Chartered Surveyors; the highest level of accreditation that can be held in the property industry. This means that we must consistently attain RICS best practises and compliance.
Our team have vast knowledge and experience when it comes to managing residential and commercial property, due to the range of services we provide which bring substantial benefits to our clients.
We offer a flexible, tailored Property Management Service, suitable for Freeholders, Resident Management Companies, Right to Manage Companies and Lessees, allowing our team to manage residential or mixed residential and commercial blocks in the most effective way possible. Our involvement can be adjusted to suit your requirements and we can provide a comprehensive approach, or reduce our involvement, so you can take care of day-to-day issues. Services include:
- Collection of service charges and rent
- Service charge arrears management, and LVT proceedings
- Service charge budgeting
- Service charge reconciliation
- Arranging building insurance and handling insurance claims
- Arranging preparation of year end service charge accounts
- Arranging repairs, cleaning and communal utility payments
- Competitive tendering for building works or obtaining quotes
- Administering cyclical maintenance plans
- Arranging annual maintenance contracts
- Organising and attending Annual General Meetings
- Site visits as required
- Communicating with residents
- Health and Safety and Fire Risk assessments
- Advice on compliance with leases, statutory obligations
- Licences and consents for subletting, alterations
- Company Secretarial services
- Filing of annual returns
- Dealing with solicitor enquiries for owners selling their properties
We operate within the RICS code of conduct and have Client Accounts into which rent, and service charges, are paid and from which ad hoc expenses are paid. These bank accounts are ring fenced and kept separate from our business expenses.
Our schedule of charges and fees
| Schedule of charges: Chargeable service | Fee |
| Standard residential block management fee “The Management Fee” | 12% of service charge collected subject to a minimum of £18 per flat per month inc. VAT |
| Section 20 notice preparation and administration (without supervision) | 5% of the cost of the works |
| Preparing specifications, obtaining tenders and contract administration | 10% of the cost of the works |
| Attending courts and tribunal proceedings | £75 for the first hour, £35 per hour thereafter |
| Dealing with licence to alter applications | £100 fee |
| Assignment and subletting administration | £60 fee |
| Property sales – giving information to prospective purchasers, vendors or their agents of the leasehold interests in the individual dwelling including pre-contract enquiries | £200 per application |
| Responding to re-mortgage enquiries | £80 fee |
| Dealing with breaches of the lease, for example, late payment of service charges | Based on time involved at £35 per hour |
If you wish to discuss your requirements with us, or are looking for a Property Management Service, please call the team on 01524 69922 or email alex@fwcommercial.co.uk
Talk to our block management property managers today
