Update from IPM – COVID-19 Leaseholders pandemic policy

COVID-19 Update

As COVID-19 (coronavirus) continues to impact people and organisations globally, we would like to update you on the further steps that Inspired Property Management is taking to ensure business continuity for our clients.

Inspired Property Management is taking the necessary steps to ensure that our business services remain uninterrupted during this time, regardless of whether our staff are working in an IPM office or remotely. We are equipped to provide the high-quality service you have come to expect from us, and our support teams will remain available to users for the duration.

We will continue to communicate with our residents through email, phone calls and via the tenant portal and we are sourcing offsite printing facilities.

As the situation on COVID-19 is still evolving and further government measures have yet to be confirmed, we will continue to monitor the information provided.

For further information please read our Pandemic Policy Leaseholders 17 March 2020

Thank you for your understanding in advance.

Earlier instruction from this year of 236 apartments in South West London

Updated news of instruction in South West London –

Inspired Property Management are pleased to announce this development in South West London totalling 236 apartments across 3 buildings, is under management of the expert IPM team.

New Instruction for IPM of 29 units in Essex

New Instruction located in Essex –

Inspired Property Management are pleased to announce the new instruction of Lexington & Maddison House in Essex.

The property is now under the management of Inspired Property Management.

Benefits of Using a Property Management Agent

Using a Block Management Agent

This article provides basic guidance on why you should appoint a managing agent, where leaseholders are subject to the payment of a service charge. It is particularly relevant if you are a director of a resident management or right to manage company with a block of flats.

Flat-owners may acquire management responsibilities in different ways: through acquisition of the freehold of the building, through the statutory Right to Manage (RTM) or simply by delegation of the management responsibilities from the landlord. Whatever the route, the management is normally exercised through some form of resident management company (RMC). The RMC will assume responsibility for the management and repair of the building, and for compliance with the obligations of the lease and the wide range of relevant statutory requirements. It will have to assess how best to achieve this, usually by appointment of a professional block managing agent.

The role of a residential block managing agent today is a complex one and requires a highly professional approach. To carry out the role requires knowledge of landlord and tenant law, building construction, Health and Safety regulations, basic accounting and more.

Professional managing agents bring an organised approach to the planning and collection of the service charges and reserve funds, the timetables for redecoration, repairs, inspection and supervision of works.

Their assessment of what must be done, and when, will be independent of private interests and preferences, and based solely upon their duty to keep the premises in good repair. The process of collecting funds and the responsibility for taking steps to recover unpaid charges will fall under the responsibility of the managing agent.

A managing agent handles all the mundane and time-consuming administration. If issues and disputes arise, these can be dealt with impartially by the managing agent who’s primary goal is to ensure they site is well maintained and stays in good condition.

Managing agents should hold professional indemnity insurance as a further protection against negligent acts or incompetence and have the responsibility for compliance with leases, laws and codes of practice.

For more information about the services covered by our team at Inspired Property Management or to discuss your potential site management requirements, please speak to one of our Property Management Experts who can advise you further.