Leasehold Management is the management of the communal areas of residential properties. These properties may include purpose built flats, converted houses and privately run estates. In order to meet the costs of the communal areas, owners of such properties collectively pay a “service charge” which is usually administered by a Managing Agent on their behalf.

Leasehold Management and the administration of service charges is one of the most complex issues in property management. There is a minefield of legislation relating to block management and service charges. Advice from a professionally qualified Managing Agent is invaluable in avoiding the pitfalls of the Commonhold and Leasehold Reform Act 2002 and other legislation.

We at Inspire Property Management take a proactive stance to Leasehold Management and believe that wherever possible, works undertaken should enhance the value of properties rather than simply maintain the value of them. To this end we will work closely with Freeholders and Representatives of the Resident Management Company to provide a programme of cost effective management. This allows for the maximisation of the capital value of buildings whilst at the same time maintaining service charge levels, which are sustainable and at an economic level.

Unlike larger national companies we can offer a personal service, we have staff who make it their role to know your property and your needs and are interested in resolving any concerns you may have.