We partner with regional and national housebuilders and understand that managing developments in a proactive manner reflects well on our partners and reduces unnecessary administration. By involving us from the outset, Pinnacle can provide a complete service for any project.
We manage everything from small housing developments to large complex developments containing several hundred units with different types of tenure, including mixed use, as well as private flats and houses; properties owned by Housing Association and Health Authorities; sheltered accommodation, and commercial units.
Property Developer Services
• Review draft documentation to ensure its effectiveness for the development
• Preparation of draft budget for approval
• Administration of the Management Company and all company secretarial duties
• Site visit by dedicated Property Manager to brief sales staff on Service Charge
• Management of cleaners, gardeners, repairs etc. for communal areas
• Arranging buildings and other insurance policies
Pinnacle has a team of property managers and admin assistants dealing with Freehold clients, which takes away your day-to-day management issues and ensures you meet all current legislation. We provide the first point of contact for individual lessee enquiries and tailor the level of information required in order for us to take forward the management instructions. We liaise with your chosen professionals (solicitors, Health & Safety advisers etc) but can also offer services from our own pool of trusted contractors.
We currently work with a number of national Freehold Investment companies and would be delighted to discuss your requirements in more detail.
We have vast experience managing Residents’ Management Companies (RMCs) throughout the south of England and West Midlands, acting both as the Company Secretary and the Registered Office to help fulfil the obligations of an RMC, both in terms of estate and block management and as a company.
Our aim is to ensure the development runs smoothly, which in turn enhances the property value and the residents’ living experience. We understand how important it is that we provide a professional and proactive property management service, with some of the tasks we undertake including:
• Preparation of annual Service Charge budgets
• Managing and verifying invoices for payment
• Maintaining client trust bank accounts
• Company Secretarial Duties
• Registration of Directors
• Regular site inspections
October 2003 saw the introduction of one of the most important reforms in Landlord & Tenant legislation: the tenants’ Right to Manage, which enables 50% of the long-leasehold tenants of qualifying blocks of flats to take over the management of their property, without having to prove fault on the part of the landlord or existing agent.
Qualifying blocks must be self-contained, comprise two or more flats and have no more than 25% of space devoted to commercial use. At least two-thirds of all the flats must originally have been let on leases of 21 years or more. The qualifying group of long leasehold tenants are required to form a ‘Right to Manage’ company whose special articles of association have been finalised by government. All other leaseholders, and the Landlord, must be invited to become members of the Right to Manage company. After the necessary protocols have been followed, a date is fixed for the transfer of the management to the tenants’ Right to Manage company or its chosen agent.
Pinnacle Property Management can assist you in the setting up and operation of a Right to Manage Company for your block of flats.
Pinnacle Property Management currently supplies a range of services to many RSL’s, ranging from cleaning and grounds maintenance to full facilities management.
We are focused on providing high quality services that offer value for money, to ensure our public sector partners enhance service delivery to users. Our comprehensive solutions are delivered by well-trained and motivated staff.
