BLOCK MANAGEMENT SPECIALISTS BASED IN SOUTHAMPTON AND BOURNEMOUTH, COVERING SOUTH ENGLAND
Never struggle with your property portfolio again. Maintenance, repairs, tenant management, rent collection, regulation compliance – all that and more can be handled by HMS Property Management Services, so you don’t have to. We also cover London, Dorset, Surrey, Hampshire, Berkshire and West and East Sussex. Enquire to discuss.
OUR MISSION
Our mission is 'to assist residential management companies and their directors to manage their properties and help them run their management companies in a prudent manner ensuring that risk mitigation is maintained at all times'.
OUR MOTTO
Our motto is 'Service and Protection'. 'Service' because we serve the needs of our client companies, directors and all lessees. 'Protection' because we strive to ensure that the interests of our client companies, directors and all lessees are protected at all times from unnecessary risk, however it may arise.
INTRODUCTION
HMS Property Management Services Limited provides management services to residential apartment/flat management companies formed on behalf of the lessees of those apartments/flats. Lessees of such properties normally have their own full-time occupations and other pressures on their personal time.
Nevertheless, a number of them will need to be directors of their own apartment/flat management company which has the responsibility of ensuring that all lessees are treated fairly, service charges are collected, insurance is maintained, fire regulations are adhered to, property is maintained, etc. The list is quite long. The responsibilities of being a director of such an apartment/flat management company are onerous and many lessees may not wish to undertake such a task. It is, however, possible to ease the burden of accepting such a responsible role. Key tasks can be delegated whilst overall control is retained.
Delegation to a trustworthy property management company, authorising them to act in the capacity as managing agent, capable of removing the hassle from the lessees' apartment/flat management company, is an excellent option for many lessee directors. The problem is identifying which property management company offers a safe pair of hands for the directors to entrust the management of their property to, and who can help them run their management company.
If such a property management company is found and appointed, all lessees, especially the lessee directors, will benefit - more lessees will be prepared to be appointed as directors, lessees will be proud that their property is being managed correctly, and a general sense of well-being will permeate the atmosphere within the property. Should an unfortunate event occur, such as a lessee not paying a service charge, the action that will need to be taken is not personal because it will be the appointed property management company that undertakes all contact with the non-compliant lessee.
Many directors may have had unfortunate experiences with property management companies purporting to be a Managing Agent but failing to provide the service that was promised. Service may have appeared non-existent, keys may have been lost, phone calls not returned, service standards not put in place, property inspections not carried out ... and yet fees are taken from the apartment/flat management company account without the directors' express permission. Despite all of this, the directors remain responsible for all aspects of the property including the potential action or non-action by the appointed managing agent.
OUR MANAGEMENT SERVICES COVER:
Management accounts preparation
Annual
budgeting
Service charge invoicing and collection
Bank account management
Company secretarial services
Property
inspections
Supplier
sourcing
Maintenance supervision
Insurance
coordination
Other
services
