Because we focus only on property management, we are experts at it. This means our advice is sought even when we are not managing the properties in question. We are becoming known for our comprehensive due diligence procedures and are increasingly asked to consult with our clients – and non-clients – to give pre-purchase advice.
Because we are property management geeks, we actually enjoy reading all those things that letting agents don’t like. We will read every word of every lease to unearth expensive things like service charge caps. We read every service contract to unearth any hidden issues. And we read all the management information to raise any spending red flags that might need to be considered in the first five, and the next five years.
We find our expertise is also needed on a project-specific basis too. We advise clients when refurbishing or redeveloping, to ensure the design will actually work for any potential occupier. And we can manage empty buildings too – just because no one is in occupation, it doesn’t mean the services can be neglected.
We have found ourselves to be very good at this, so it is a fast-growing part of our business.