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Our knowledge and expertise make us the ideal managing agent choice for developers. From the pre-construction phase, through to completion, ongoing management and assisting with snagging, our services take the stress away from developers.
We work closely with the construction team to provide sustainable and robust managing agent packages for property developers. Mandeville is the ideal choice for developers looking for a professional and reliable managing agent.
We understand it is important that developers’ brands and reputations are protected. We ensure that even long after the builders have left site, our new build developments are maintained to the highest standards.
Before any plots are sold, a service charge budget will usually need to be put together and costs apportioned per plot. This is so potential buyers are aware of the costs they will be signing up to and of course, to satisfy mortgage lenders. We will deal with structuring the first service charge budget and apportioning this fairly between the plots on behalf of our developer clients. This is likely to involve liaising with the selling solicitors and/or a developer’s surveyor/valuer.
Some developers will retain the freeholds of the properties they design, develop and sell and like to maintain a hands-on role in the day to day management decisions of that building. Others, may retain the freehold for future investment purposes but prefer to hand-over the management functions to a residents’ management company. Whatever the preference, we will assist developers in structuring and setting the correct managing agent services for the building.
There may be an interim period where some plots have been sold and others are vacant. It is essential during that time that the building or estate is kept well maintained throughout. We will source reliable and local contractors from the very outset to ensure that any communal areas, such as the gardens, are kept to the highest standards from the very beginning and the development is kept secure.
We will assist all our developer clients with ensuring they meet their various planning milestones in the timeframes and in the manners required by the planning authority. This may include a number of site meetings with the planners which we will be happy to attend.
With any new build property there will inevitably be some snagging to put right after the builders have left the site. We understand it can be very time-consuming dealing with the residents of the recently sold plots. Our management services deal with all the communication from the residents on behalf of our developer clients, leaving them free to move on to their next project but with the assurance that their existing residents are being kept happy.
Our managing agents have extensive experience dealing with the country’s main utility providers. We can assist developers with setting up the initial connections including completing the necessary paperwork on the developers’ behalf, meeting surveyors’ on site and instructing legal to deal with any wayleave or other agreements.
Service charge is the accumulative cost of maintaining the building or estate you live in. Every leaseholder or freeholder that lives on a shared estate will pay a service charge to contribute towards the shared costs of the building or estate. Those costs may include, the buildings insurance, cleaning, gardening, routine maintenance and the general day to day running of your block or development. The costs will include the costs of materials, staff (whether permanent or temporary) and management fees.
Ground rent is a payment you make to the landlord, usually on a yearly basis, in consideration for living in your development. Sometimes we will collect that on the landlord’s behalf, or they will invoice you directly. Your lease documents should set out how much the ground rent is and if and when this is due to increase.
Answers to common block and estate management FAQs can be found on our property management FAQs page.