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Nottingham-based property specialist SDL Group has been named one of the top performing businesses in the UK. Featuring in this year’s Sunday Times BDO Profit Track 100, SDL Group’s profits were ranked as the 58th fastest growing across the country. Recording an annual profit growth of 75 per cent over the last three years, SDL Group is one of only four businesses in the East Midlands to be recognised on the list. “Our success is all down to the great team we have at SDL, and it’s fantastic news that we h

Leading property software house, Visionbase is urging managing agents to adopt professional accounting standards to fully protect leaseholder’s property and money. According to Visionbase Software, managing agents have inconsistent administration and service charge collection services.  The leasehold management sector remains unregulated, so essentially anyone can set up as a managing agent and start in business.  As a result, leaseholders and tenants are not guaranteed industrywide, professional standard

Tim joined Whittingham Riddell in 2008 as a qualified senior accountant and initially took responsibility for a mixed commercial and not-for-profit client portfolio. He later helped Partner Alison Randall to set up the firm's successful property management team, which specialises in advising a wide range of property based businesses. Clients include residential and commercial service charge accounts, residential management companies and property based investment companies. The firm’s Partners recognised T

Earl Kendrick Associates (EKA) are delighted to announce they have taken over Finnegan Property Services (FPS) with effect from 6 April 2017. The FPS team will now join EKA, continuing to manage their former FPS clients to ensure continuity of service. The newly expanded EKA is now even better placed to serve the existing clients of both firms. Moreover, it now has the extra capacity needed to take on new ones. FPS managing director Damien Finnegan approached EKA at the end of 2016, having identified them

Monday 3 April marked a defining moment for PMR London as the company unveiled a dynamic new look.   “Up to this point we’ve offered joint management of onsite staff under PMR London, sister company to PMR. But the services offered by those two companies are completely different. We needed a new identity so that we could progress autonomously” says Rossi.   VERTO HR is a one stop shop offering a full 360 degree, tax efficient service, for onsite staffing. With dedicated client account managers, and in-hou

The Enterprise Act comes in to force on the 4th May 2017, bringing with it new legislation for the insurance industry relating to the handling of claims. The Act provides that insurers and their representatives must perform so that claims are dealt with in a reasonable time frame. If this goal is not achieved, then the act will enable the insured to claim for subsequent losses incurred. So, the Act benefits policyholders? Many people in the industry expect that the main beneficiaries of the new rules will

Reflecting on the findings of the 2016 National Leasehold Survey, Brady Solicitors held a roundtable discussion in February 2017 to gather the views and recommendations of key figures within the property management industry.   Introduction from Clare Brady, Managing Director of Brady Solicitors The clear message from the Leasehold Roundtable is that whilst the sector has difficult issues that need addressing; agents, leaseholders and landlords must do so in a united, measured and sustainable fashion. The

If you are acquiring - or considering acquiring - the freehold of your building, you will know that the process requires a great deal of planning and that there are many legal and technical issues to consider. Once formed, your new freehold company will have full responsibility for the management of your building and this includes insurance. It’s something which many people overlook. Directors of residents associations have, broadly speaking, two options when considering how to insure the property they ar

Leases generally require leaseholders to contribute to insurance of their block – whether by including the cost in the general service charges or by way of a separate charge known as an “insurance rent”. Residential leaseholders have statutory rights in relation to insurance, but the most important is the ability to challenge the costs in the First-tier Tribunal (Property Chamber) in England, or the Leasehold Valuation Tribunal in Wales. Insurance costs are limited in three ways: ·         The lease may e

We have brought back the digital edition of News on the Block on our website so that you can view and read the magazine before the print copy lands on your desk.  To read the digital edition of Issue 88 please click here.

Royal Tunbridge Wells, Kent, UK: After 12 months of customer feedback and internal research, Resident Block Management Software is proud to release version 3 of their industry leading block management software. Re-written from the ground up to use the latest cutting edge web technologies combined with a brand new user interface - this release will make the lives of those who manage blocks easier and more efficient and marks a major milestone for the company.   Founder of Resident, Kate Boyes:   “My goal,

Winner and female entrepreneur, Shazda Ahmed is awarded the title of Outstanding Young Business Personality, in the Northern Powerhouse. The prestigious Northern Lights 2017 inaugural award ceremony was designed to celebrate business excellence and collaboration across the North of England, the ceremony honored the companies and individuals who have been instrumental in working together and driving forward plans to help make the UK Northern Powerhouse a reality. The Young Business Personality of the Year