Certificate of compliance: what is this and why do we need to pay for it?

Question: We are buying a leasehold flat and our solicitor says that he needs to get us a certificate of compliance, and we will have to meet the cost of this. What is this certificate?

Answer: In the course of the conveyancing process your solicitor must have discovered a restriction on the title to the flat in favour of the landlord or the management company that would prevent you being registered as the new proprietor or owner unless the Land Registry is provided with a certificate of compliance.

In general, this is a document which confirms that you and your solicitor have complied with the various covenants and obligations listed in the terms of the lease.

Common requirements for a certificate of compliance would be that you have to enter into a deed of covenant with the landlord or managing agent in which you confirm you will observe the terms of the lease.

This deed of covenant should be signed by you and sent to the landlord or managing agent by your solicitor together with a notice of assignment and/or notice of charge, and any fee that is due to the landlord or managing agent for issuing the certificate of compliance.

Once you and your solicitor have complied with the requirements, the landlord or managing agent should issue the certificate of compliance which your solicitor can produce to the Land Registry. The registry will then remove the restriction on the title so that you can be registered as the proprietor.

These answers can only be a very brief commentary on the issues raised and should not be relied on as legal advice. No liability is accepted for such reliance. If you have similar issues, you should obtain advice from a solicitor.

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.

Season’s greetings from IPM

The team at Inspired Property Management would like to wish all of our clients and customers a very

Merry Christmas and a Happy New Year.

We would like to remind all clients and customers that our offices will be closed from the 23rd December 2019 and they will be opening again on the 2nd January 2020.

For any urgent enquiries or our out of hours service, please contact 01302 249349 or 0203 006 8320. This service is available week days between 17.00 and 09.00 and from 17.00 on a Friday evening through to 9.00 on a Monday morning.

If a problem is reported by email the team will review the email within working hours on their return.

Happy Christmas!

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.