Commercial Property Management
Commercial property management covers a range of functions concerned with managing and operating buildings, including:
- Day-to-day management of properties by property managers on behalf of the owner
- Collection of rents
- Administration of service charges
- Payment of outgoings
- Maintenance, including repairs
- Provision of services such as insurance
- Employment and supervision of staff employed to provide property management services on site
- Health and safety advice
Commercial property managers also assist businesses to plan and deliver essential property decisions such as the best use of space, suitable technology solutions, human resources and safe surroundings.
Residential Property Management
Residential property managers help owners, in all sectors of the market, to make the most of their assets and assist the lives of many residential occupiers.
Residential property managers work may work managing blocks of flats for a private or institutional landlord client, and managing and maintaining all communal aspects of residential property. They account for shared charges and can also be instrumental in resolving disputes at all levels.
Managing a residential property involves complying with legal obligations such as landlord and tenant, planning, health and safety, and fire regulations.
The scope of residential property management is extremely broad. Services may also include management of on-site staff, health and safety, lease negotiations, negotiating third-party contracts, maintenance plans, risk assessments and service charge accounting
Underwood & Co is ideally placed to offer expertise and assistance in the property management sphere. We have extensive experience of working in the sector, including assisting in the tender process and negotiating property management and ancillary documentation such as duty of care agreements with banks.
We have a broad range of experience in the various sub-disciplines to ensure that our clients have the peace of mind that comes from knowing their operations are legally both efficient and compliant.
An understanding of these regulations, and the restrictions on banks’ activities in the UK, is absolutely key – and that is what a relationship with Underwood & Co delivers.
In property management, as with all other industries and areas of expertise, we work as a partner rather than simply a service provider. We believe the most fruitful, successful and mutually beneficial relationships derive from a profound understanding of our clients’ particular needs.
As well as having an overall understanding of the landscape that is born of the extensive experience enshrined in our team, our reputation has been built on the way we take time to understand every client’s precise needs – and to deliver a bespoke solution that leads to the desired outcome.
I write to confirm my deep happiness at the exemplary manner in which Underwood solicitors have performed over the years. Underwood are a firm that the majority of clients would retain after the first services provided simply due to their exemplary professional conduct and efficiency in their practices, I would not hesitate to recommend Underwood solicitors to anyone of good standing.”