This month’s issue focusses on Valuations in Property Management. Our amazing contributors have covered everything from equity release for leasehold flats to how insurance companies utilise reinstatement cost assessments.

In the News!

• Mark Chick Director of ALEP conducts a Q&A of the Leasehold and Freehold Reform Act
• The Property Institute Annual Conference 2024 (formerly ARMA) brings together key decision-makers, government representatives, influential sector stakeholders, and leading industry figures to collaboratively shape the future of the residential leasehold sector. – Tickets are on sale now!
• Ex CEO of ARMA, Nigel Glen has joined 30 Seconds Group Ltd as a Non Executive Director.
• Property Management Recruitment (PMR) and Flat Living are excited to announce the return of the Property Management 50 Awards for our sixth year!

Featured Articles

4Site Consulting discuss how to put your strategy together; from deciding on means of communication to ensuring your strategy is inclusive and suited to the needs of your block.

In the world of property management, trust is not just a buzzword; it is the foundation upon which our relationships with customers and clients are built. Michelle Lewis from FirstPort explores how trustworthiness manifests in property management and how we must nurture it.

Maddie Thorpe from Flat Living looks at the psychology of colour in her article “Curating Your Flat for Productivity and Peace”.

Find out more about reinstatement cost assessments, how to make sure yours is correct, and how they’re utilised by the insurance industry in the article by Residentsline Insurance.

For leasehold flat owners, the decision to release equity can be particularly nuanced due to the unique characteristics of leasehold properties. Find out more in the article from the team at Fraser Allen Estate Management.

In her article, Maddie Thorpe provides an insight into utilising your flats space for home working.

The article from JB Leitch Solicitors explores the key provisions of the Act and their potential effects on lease extension valuations.

Want to know more about blending home and office spaces with decorative storage? Check out the article from Maddie Thorpe from Flat Living.

The team at Ardent Lift Consultancy provide more information about how hiring a lift consultant can provide significant value to a building project, whether it is a new construction, modernisation, or maintenance of existing lift systems.

In the article, the team at Flat Living Insurance explore the potential legal and financial implications that can arise if a property is damaged beyond repair.

When it comes to mixed-use developments, though, it’s vital to understand the effect any commercial units will have on the building’s overall insurance, as explained in the article by Earl Kendrick.

The overall condition of a block, along with its planned maintenance and inspection schedule, play a crucial role in determining the coverage and premium of the required buildings insurance policy. Find out more in this article by Manage Your Block.

The team at London Flats Insurance provide more detail about understanding the difference between market value and reinstatement cost.

In their article, the team at Block in a Box highlight the importance of accurate valuations in insuring blocks of flats.

Belinda Bagnall, Managing Director of Residentsline explores the significance of Directors’ and Officers’ Liability Insurance for your Residents’ Management Company.

Read all of these articles and more, in the August edition of Flat Living Magazine.