Ella Fletcher BA (Hons) MTPI AssocRICS
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Service Charge Index 2024
QUARTER 2, 2024 Service Charge Costs have been getting a lot of negative press lately with the media and even leaseholders themselves blaming landlords or their managing agents for the rising charges. It is clear from the narrative that a large number of people just simply do not understand what service charges are and how they work. There is a…
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What Does a Managing Agent Do?
QUARTER 1, 2024 The world of UK leasehold and freehold can be mystifying to say the least. It is a feudal system with many of its laws and regulations dating back to 1920 when modern leasehold began. And those laws and regulations are still being upheld today. Therefore, it is not surprising that apart from a handful of properties in…
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Much Anticipated Freehold and Leasehold Reform Announced in The King’s Speech
QUARTER 4, 2023 It is for many years now that we have listened to Government Ministers declare that they will “tackle the exploitation of millions of homeowners” across the country, and make promises that they will “make it cheaper and easier for leaseholders to purchase their freehold”. So it was with much anticipation that people across the property market –…
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Right to Enfranchise
QUARTER 4, 2023 Right to Enfranchise is seen by most leaseholders struggling with a difficult Landlord as the ultimate answer to their problems because it puts the control back in their own hands. A successful enfranchisement would remove the current freeholder from their position and give the ownership and responsibility for the building back to the leaseholders, via the newly…
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Right to Manage
QUARTER 4, 2023 Right To Manage is a popular process that is available to leaseholders who are unhappy with the way that their building is being run by their freeholder. There are a number of options for leaseholders in this position – Right to Enfranchise is seen as the ultimate solution because it completely removes the current freeholder and gives…
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The Roles and Responsibilities of a Resident Director
QUARTER 4, 2023 It’s important to understand the Roles and Responsibilities of a Resident Director when you’re a Director of a Residents’ Freehold Company – or any similar leaseholder-controlled company – with the responsibility for the management of your building. It’s essential if you want to be a successful Resident Director and a crucial starting point is recognising that you…
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Building Community Engagement – The Inaugural Garden Party
QUARTER 3, 2023 At Olympus Management we are often talking about community engagement and social sustainability. On Saturday 2nd September 2023, we were so thrilled to be able to demonstrate our commitment to our customers by arranging and hosting the inaugural Garden Party at one of our developments. We engaged with local vendors and musicians who were delighted to…
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