Enfranchisement 08
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First landlord jailed over fire safety

A landlord has been sent to prison in the first custodial sentence given in London under the new fire safety regulations.

Mr Mehmat Parlak was sentenced to four months imprisonment and his company, Watchacre properties limited, were fined £21,000 following conviction for serious breaches of the regulatory reform order (RRO).

The prosecution followed a fatal fire at a flat on Ruskin Road, Tottenham on 16 September 2007. After being removed from the building by firefighters, a man was taken to hospital but died later.

Fire Pict



News
Merger Mania Hits Managing Agents

The competitive world of leasehold flat management has intensified as Countrywide Managing Agents (CMA) scooped up two smaller rivals. The acquisition comes after Crabtree Property Management went on a shopping spree earlier this year, buying niche Central London managing agents Moretons for an undisclosed sum...


Comment
Are flats to blame for the credit crunch?

What’s bad news for buy-to-let could be good news for blocks, says Jane Barry Live, as I do, in a block that’s extensively sublet, and you can’t help experiencing a touch of schadenfreude at the plight of buy-to-letters. During the past five years, while buy-to-let has been the new gold, and property programmes have bashed on about how it only takes some faux-wood laminate and a bevvy of brushed steel door handles to turn a dump into a desirable rental for “young professionals”, I’ve heard a different message coming back from flat owners who see their property as a home, not an investment...


Resident Committees
Why residential management companies (RMC's) need an experienced or professional company secretary.

Why residential management companies need an experienced or professional company secretary The Management Company The majority of decisions made by residents in blocks of flats are made by their own management companies. Management companies are private limited companies. They represent the collective needs of the individual flat owners - who will have acquired a pro-rata shareholding or membership in the management company on the purchase of their flat.


Buying Your Freehold
How to persuade other lessees (flat owners) to join in the purchase of a freehold (enfranchisement)

There will always be those who question why they should bother enfranchising, This article provides some reasons why you should become involved.

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Editor's Choice:

Why flat owners should not forget their personal property..
James Hall at Lampier offers his company’s view on the policies you may need. 
John Byers looks at the sensitive topic of under-insurance.
Jonathan Walker, of Stride Ltd, assesses the impact of the credit crunch on the property insurance market.
You need specialist flat protection? Then you require a broker to guide you...

 





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