We provide the tools and infrastructure to keep you
safe and abreast of key
processes.
"When a block is small or an estate has few shared services self managing could be an option. It takes a Board or Director who is willing to get involved in the nitty gritty stuff."
BlockCare 300
BlockCare 300 adds value for small blocks of flats or private housing estates. Our role is to manage the accounting and administration. We do need at least 1 Director to logon and set the budget (so we can send the demands out, collect the money and put it in a Client account just your site). Demands will be legally compliant.
We’ll deal with Companies House and prepare the year end service charge accounts (from the demands we’ve issued, the money we’ve collected and the expenses posted on-line). Again this keeps you compliant with Sections 21-28 of the 1987 Landlord & Tenant Act. There are fail safe mechanisms in place, for example if nobody sends us a budget we’ll increase last years by 10% until you do so. Naturally this is only after email reminders chasing you.
BlockCare 300 is NOT a ‘fully managed’ service; you don’t get a Property Manager as the management decisions are undertaken by the Directors who are the Responsible Person. We fulfil the accounting and administrative functions to keep everything working like clockwork and protect you from rookie or schoolboy errors. See below who will be doing what.
Collections
We send out the demands and collect payments which includes any arrears pending. Owners can even pay by direct debit for convenience.
Spending
You will control all spending and instruct on any repairs by uploading invoices to the online portal for us to pay.
We pay the bills and compile the service charge accounts for your record.
Legal
When properties sell we’ll handle the legal paperwork and evenshare certificates. This will be a little extra though. Our legal fees start from £275 plus VAT.
What you do
Directors/Freeholders will
- Set the budget and email it to us
- Run any meetings
- Arrange quotes for repairs
- Organise contractors / repairs
- Go online to instruct us to pay contractors
What we do
Ringley will
- Send the budget with demands
- Send out demands and reminders
- Instruct debt chase on arrears
- Share service charge accounts
- Provide demands/account statement online
- Advice notes on most property issues online
We will keep you safe governance-wise:
- Demands we send will be legally valid
- Arrears will be chased
- Service charge accounts will be compliant
- A step-by-step guides on most property issues on-line
We also take care of the legal paperwork by:
- filing the Annual Confirmation Statement with Companies House
- filing the Company Accounts>
- dealing with Solicitors enquiries when a property is selling
The key to our success is our people.
Kate Robinson
Head of Block Management
London & SE
Richard Read
Head of Block Management
Wales & West
Nick Pratt
National Head of Site Staff
Block Management
We won't quibble if you want to change your BlockCare package.
Call us
020 4506 9030Email us
md@ringley.co.uk
