Launch of Leaseholder Support Service

• Leaseholder Support, an online solution by The Ringley Group, was launched at the Autumn Ideal Home Show. It provides property owners with tools and advice for managing small blocks of flats, helping them navigate challenges like defective leases and arrears recovery.

Key Benefits for Leaseholders

The service is designed to address four main burdens of self-management:

• Chasing unpaid service charges.
• Handling legal compliance, shares, and company secretarial work.
• Planning for major works.
• Managing financial administration and preparing accounts.

Affordable Solution for Small Flats

• Leaseholders often face management fees of around £2,000 in London for small blocks. Leaseholder Support offers a more affordable alternative, with services starting at £525. It includes support time, consultations with specialists, access to quality-controlled contractors, and competitive insurance rates.

Expertise and Support for Leaseholders

• Mary-Anne Bowring, Founding Director of The Ringley Group, emphasizes that leaseholders need reliable support for financial and strategic decisions. Leaseholder Support acts as a resource centre, providing tools for decision-making and ensuring key tasks are completed on time.

Eliminating Stress and Confusion

• Managing legal formalities, ensuring timely payments for repairs, and addressing illegal property alterations can be stressful. Leaseholder Support helps by managing deadlines, handling payments via direct debit, and offering legal and financial documentation, eliminating the risk of tasks being missed.

Practical and Affordable Alternative to Full Property Management

• Leaseholder Support provides an affordable alternative to full property management, acting as a safety net for small blocks. Its streamlined tools and guidance make property management simpler, allowing leaseholders to manage their properties effectively without the need for expensive agents.