KORPP

Real Estate Investment & Consultancy

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Block Management

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We work hand in hand with landlords and resident associations, to estimate annual expenditure, and to develop a sinking fund to cover most eventualities. No expenditure is undertaken without strict authorisation from the directors of the residents’ company.

 

Our experience in developing and managing a significant number of properties enables us to provide you with highly competitive prices for all types of building work.

Our team of handymen and tradesmen can provide a more cost effective solution in dealing with routine works and relieve you of the burden of day-to-day problems. For all other non-routine or major works, we negotiate with a variety of hand-picked professionals and service companies to keep contractors’ quotations competitive.

 

Key Features of Korpp Management Service:

·         Periodical visits to the property to ensure adequate day to day running and general condition together with health & safety policy.

·         Regular reports on all aspects of maintenance and management.

·         One-stop shop for management of block and individual flats, if required.

·         Preparation of annual estimate of expenditure for Service Charge purposes and collection of contributions to reserve.

·         Budgeting and administration of client funds.

·         Sourcing and employing suitable contractors and professionals and arranging settlement of accounts from available funds.

·         Instructing solicitors or accountants on behalf of clients.

·         Instructing surveyors for structural repairs or major building works if or when necessary.

·         Arrange competitive premium rate for building insurance, if required by the client. Collection of relevant amounts from each leaseholder via the service charge, and administrating insurance claims.

·         Producing forecast for internal or external refurbishment as per the terms of the lease.

·         Offering Company Secretary Services, if required.


Costs of Block Management