Situation:
A substantial listed former manor house, converted into apartments but in need of major renovation, repairs and renewals to the external fabric of the building.
RPMS were instructed to manage the service charge and maintenance of the building after it was completed by the developer. Within two years it became apparent that whilst the flats were beautifully presented, the fabric of the building (external walls, roofs, gutters and drainage) had not been overhauled.
RPMS, (with the co-operation of the owners) have managed the maintenance of the building whilst also supervising the extensive repairs that were required to bring the property up to a good standard. Make no mistake, situations like this require the full cooperation of owners and their complete understanding that maintnenance and repair problems relating to the fabric of the buildings can have a serious impact on the saleability of their apartment.
Older building can often demand disproportionate expenditure but good for-sight and financial planning, prepares owners for those costs and by identifying problems at an early stage makes dealing with them cost effective.
Key points: Understanding from both RPMS and leaseholders what is required to both comply with regulation and correctly maintain such buildings. Knowledge and experience of working with listed buildings. Access to contractors capable of working to a high standard.