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Block Management

The Aspire Residential Block Management Guide

About Aspire Block Management

We are a proudly independent London estate agent that do things differently. At Aspire we not only hear, we listen to what you have to say.

Our business is founded on integrity and clear, honest communication.

We manage over 50 Blocks in London, with the majority of our portfolio in South West London.

We strive to provide a high level of service to our clients. Communication and transparency is important to us, providing a reassuring service and giving peace of mind to our clients whether you are a freeholder, leaseholder or contractor.

The Aspire Approach to Block Management

Our approach to block management is based around stability and long term planning. We have a dedicated Block Management team, where our main goal is to give our leaseholders and freeholders peace of mind.

When we commence management of a new block, we carry out a full audit.

The audit looks at various points; the condition of the building, general repair requirements, health & safety, fire risk assessment, cyclical maintenance, major works, compliance with the lease as well as other items.

After the audit has been completed an action list is prepared identifying the priorities considering short term, medium and long term financial planning.

Aspire Block Management services

  • Dedicated Block Manager as a Primary Contact
  • Handling general enquiries leaseholders
  • Managing service charge accounts and budgets
  • Operating a designated trust client account
  • Collecting service charge & ground rents
  • Carrying out periodic inspections of the communal areas
  • Insuring the building and collecting insurance premiums
  • Managing and maintaining a reserve/sinking fund
  • Keeping the block compliant with health and safety Fire safety regulations
  • Maintenance of the communal parts of the building including the exterior
  • Section 20 consultations & arranging

Aspire Block Management fees

  • The management fee varies on the size, number of units, complexity of the block and leases.
  • Set up fee – A one off cost to taking over the management of the block £600 (£500+VAT).
  • A Project Management Supervisory Fee of 12%+VAT (14.4%) for Major works above £1,500.
  • A more detailed fee structure is provided in our Block Management Agreement Contract.

Block Management Proposal

All of our properties benefit from a dedicated Block Manager as your first point of contact, rather than a call centre or office based admin staff. This means you will have direct contact to a Block Manager who has first hand knowledge of the building.

Please let us know if there are any areas that you wish to review and we would be happy to discuss your requirements.

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