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RICS SERVICE CHARGE RESIDENTIAL CODE 3 RD EDITION – WHAT’S THE DIFFERENCE?

The new Residential Code of Management by RICS has now been officially released.The code has been in consultation for a number of years and required updating to takeinto account the number of changes within the industry in recent years. The question is, what are the main changes and will they help and improve the level …

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NEW REGULATORY BODY, IS IT A GOOD OR BAD THING?

The Government has recently issued their response to call for evidence entitled“Protecting consumers in the letting and managing agent market”This paper explores the proposals put forward in the response and whether what isproposed is good or bad.In summary the response makes the following suggestions This raises the question of how the Government is going to …

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RA FRONT END PORTAL – EXECUTIVE SUMMARY

Introduction Front end portals for developments are becoming more and more relevant asresidents wish to have a communication tool allow easier and more efficientcommunication between the owners and the Residents Association. Whilst they wish to have this front-end portal they do not take the initiative to createone themselves and rather rely on the Managing Agent …

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PROPERTY MANAGEMENT VS ASSET MANAGEMENT, IS THEIR A DIFFERENCE?

Property Management and Asset Management are seen as two different areas of theproperty sector. To understand why this is, let’s firstly define what the current thinkingis on both these areas. Property Management concentrates on the day-to-day operations of a property andmaintains the value of a property. Property management includes, but is not limited to:  …

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EU REFERENDUM – WHAT DOES IT MEAN FOR THE PROPERTY SECTOR?

Aristotle was the first to theorise ‘Cause & Effect’ with every cause there being anequal and opposite reaction. This theory has been dramatically demonstrated with theU.K voting to leave the EU with a 52-48% split. The Reaction to the vote has been severe with the pound dropping to a thirty-year lowagainst the dollar, ten’s of …

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COMBINED HEAT & POWER – WHAT IT IS AND WHY YOU SHOULD BE AWARE

Introduction The planet is heavily reliant on fossil fuels to provide our energy. The problem withfossil fuels is that they are bad for the environment and the levels are rapidly depleting.As such there needs to be an alternative which is able to provide the energy we requireso we are not reliant on an ever-depleting supply. …

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