Flats Management

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Flats Management

Streamlined Management for Flats and Apartments

Centrick’s Building and Estate Management services extend to blocks of flats and apartments – we are proud to provide a comprehensive service ranging from small apartment blocks to complex, high-rise developments.

Our team of property management experts are on-hand to keep residents happy and safe, keep your apartment block compliant with ever-changing regulations, and ensure leaseholders’ investments remain as profitable as possible.

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How Does Managing Flats Work?

A flat management company is established to oversee a property divided into multiple flats. Each flat owner typically holds a lease for their individual unit but can also be a member of the management company that owns the freehold (or lease) of the entire building. As members, flat owners have a say in how the building is managed.

Leaseholders also have the option to form a Right to Manage (RTM) limited company, giving them control over the management of their building. Additionally, a limited company can be created to own and manage shared areas in developments with separate units under ‘commonhold.’ This type of company is known as a commonhold association.

Why Are Management Companies For Flats Important?

A flat management company allows leaseholders of individual units, such as flats within a larger building, to collectively manage the broader property by overseeing tasks like maintenance, repairs, and the upkeep of the building’s structure and shared areas, all of which are crucial for ensuring smooth operations and a harmonious living environment for residents. Flats management companies can be invaluable assets for developers, owners, Right To Manage or Resident Management Companies looking to improve the way they look after the day-to-day running of a broader residential development.

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The Benefits of Working Alongside a Flats Management Company

Exceptional Communication

In high-density blocks of properties, outsourcing to a flat management company like Centrick can be very beneficial – we act as a bridge between leaseholders, residents, maintenance workers and local authorities, which can be difficult to do in high-density blocks of flats whereby you have to attend to the needs of many different individuals. We work to streamline service delivery with the most effective communication possible, enabled by our 200+ strong team of experts.

Health and Safety

What’s more, consulting experts like Centrick when it comes to managing your development is a sensible choice for compliance. Bringing in our expert knowledge, we’re here to ensure you remain compliant with laws and regulations such as Fire Safety Compliance, FRAEW, as well as PEEP and HRB regulations that keep inhabitants safe and protect the value of your development. This is particularly important for high-rise buildings following the regulatory changes post-Grenfell where fire door regulations and evacuation plans are critical for resident safety.

Communal Facilities

Most blocks of flats benefit from communal facilities: from shared working spaces to communal gardens, all residents will regularly use these facilities. This is where a flats management company can be useful, as your managing agent will schedule repair and maintenance works with reputable tradespeople, ensuring these repairs are affordable in line with your service charge, and will handle communication with residents and leaseholders surrounding the planning and execution of the works with little to no hassle.

What Does A Management Company For Flats Do?

Flat management companies like Centrick oversee all aspects of property operations, including:

Building maintenance and repairs, covering walls, roofs, gutters, windows, doors, loft spaces, insulation, plumbing, and electrics
Cleaning and decorating communal areas, such as halls and stairwells
Window cleaning
Managing gates, door entry systems, and building security
Overseeing garages and parking spaces
Maintaining gardens and the property grounds
Concierge services
Elevator maintenance
Managing refuse and recycling facilities
Fire alarms and sprinkler systems
Ensuring health and safety compliance
Collecting and managing service charges from leaseholders
Sourcing quotes for work and services and handling communal bills
Arranging communal building and public liability insurance
Enforcing lease conditions and addressing any breaches.