When considering how to manage a property, you generally have three options: self-manage, hire a managing agent, or choose a pay-as-you-go management package. Each has its own set of benefits and risks. Self-managing is often chosen to cut costs, while hiring a manag...
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After enfranchisement, there are four key issues to manage: extending leases, releasing asset value, distributing proceeds, and reviewing service contracts.
Small blocks of flats often face difficulties in collecting service charges, especially if the leases were created decades ago, when it was common for the freeholder to handle the bills and recover costs later. The issues with old leases can complicate the process, a...
Why pigeons are considered a nuisanceHealth risks and hazards associated with pigeon infestations
The deferment rate plays a significant role in lease extension valuations. It is the investment multiplier applied to the future value of the property once the lease has expired. In 2005, the Aribib case set new standards, suggesting that a deferment rate of 4.75% fo...
For those living in residential blocks, managing refuse bins can be a tricky issue. It’s often seen as a grey area where responsibilities aren’t always clear. Understanding the rules surrounding refuse bin placement and management is essential for smooth operations.
A tri-party lease includes the freeholder, management company, and lessees. Lessees have a role in managing the estate, but freeholders still handle ground rent and insurance.
When living in a residential block, repair responsibilities can be complicated. The key to determining who is responsible lies in understanding the lease agreement. Accepting repairs that should be the leaseholder's responsibility as a service charge item is unfair t...
As housing prices fall, leaseholders can benefit from reduced costs when extending their lease. The value of your property plays a key role in the valuation process for lease extensions, making this an ideal time to act.
Mary-Anne Bowring, Managing Director of Ringley, one of London's leading Managing Agents, and a Governor for the Institute of Residential Property Management (IRPM) advises making the most of the economic downturn by adding value to a leasehold property. With propert...
When selling a flat, the behavior of neighbors can significantly influence potential buyers. In shared blocks, noise and other disturbances from neighbors can either enhance or derail a sale, especially when the flat is located in a community setting.
Around two million people in the UK don’t actually own their property outright. Instead, they purchase the right to occupy their homes as lessees. If you’re planning to buy a flat, especially in a city, it’s almost certain that you’ll be buying a leasehold property. ...
The rise in property values across all housing types since 2000 has led to an increasing gap between smaller and larger properties. As this gap widens, moving to a larger home has become less affordable, making it financially smarter to consider improving your curren...
Mary Anne Bowring, a qualified chartered surveyor and managing director of Ringley Chartered Surveyors, believes that managing property can be a fulfilling and happy experience. With her expertise and experience in the property industry, she has turned Ringley into a...
An overview of why refuse bins are a grey area for residents in residential blocks, including the significance of waste management and local authority regulations.
When selling your home, first impressions are everything. Potential buyers often make up their minds within the first few minutes of entering a property. Here are some tips to ensure your home gives the best possible first impression:Declutter: Clear away personal it...
A survey at the Ideal Home Exhibition revealed that only 12% of leaseholders self-manage their properties, with 78% aware of the right to manage but unsure of the benefits or how to claim it.
Mary-Anne Bowring discusses how the recession has impacted the property management industry, with developers shifting from building apartments to houses and new entrants diversifying into service charge management.
In the property industry, enfranchisement is a key process that empowers leaseholders to take control of their building’s management. But beyond enfranchisement, there’s a wealth of other exciting developments and recognition within the sector. Let’s take a closer lo...
The price for pre-application advice from councils has skyrocketed, with the average charge now around £2,000 for developers seeking planning permission. This significant increase follows the Local Government Act of 2003, which allowed councils to charge for this ser...
Ringley reveals a significant flaw in property valuations, emphasizing that aggregating the individual values of units within a property does not reflect the true market or investment value. This approach could mislead both investors and lenders.
Managing a block of flats comes with various challenges, especially when residents default on service charge payments. A recent query from a self-managed block raised concerns about legal action and its potential costs.
Overview of the benefits of buying the freehold, with a focus on the long-term advantages.
The new legislation introduced in May 2013 brought significant changes to the Permitted Development Right, allowing certain types of development without the need for full planning permission. The Prior Approval process determines if these developments can proceed.
The Chancellor introduces a stamp duty surcharge for non-residents and outlines funding for new homes for homeless people.
The new platform is designed to manage flexible office spaces with advanced features like facial recognition and cashless payments.
Ringley, a leading residential property consultancy, has introduced Busy Living, a groundbreaking operational management platform aimed at transforming the way property owners monetize their real estate. Whether for commercial or residential buildings, the software h...
In recent weeks, the discussion surrounding rent cancellation has gained significant attention, with over 4,000 Labour party members signing an open letter supporting it. This policy proposal is part of Labour’s broader five-point plan to ease the financial strain on...
New planning reforms will increase the cost for leaseholders seeking to buy the freehold of their building, with experts advising immediate action.
Ringley Group has launched PlanetRent, an automated lettings platform aimed at simplifying the rental process for landlords, agents, and tenants. By reducing administrative work and improving governance, the platform aims to streamline the rental experience while pre...
The property lettings industry is evolving, and agents need tools that help streamline their work. PlanetRent, developed by the Ringley Group, is an innovative automated lettings platform that enables agents to save both time and money. By consolidating all essential...
PlanetRent, a leading lettings platform, has teamed up with virtual reality technology company 360View to revolutionize the way rental properties are viewed. This exciting partnership allows landlords and agents to enhance their property listings by attaching virtual...
A recent report from Shelter reveals that a significant proportion of tenants in England, 35%, live in sub-standard rented homes. Issues such as electrical hazards, pests, and damp conditions were reported, impacting the quality of life for many renters.
Critics have heavily criticized the Shelter within an inng report into the PRS in which it says over a third of rented homes are sub-standard. Launched today, Shelter’s major report interviewed 5,177 tenants in the PRS last month and was conducted by YouGov. It revea...
Pension savings are built up throughout a person’s working life and automatic enrolment rules can allow employees to generate large sums for their retirement. Recently, Guy Opperman revealed he was looking into how these assets can be used for other elements of life....
In response to the ongoing challenges faced by landlords, automated lettings platform PlanetRent has teamed up with the renowned legal firm LegalforLandlords. This collaboration aims to provide landlords with comprehensive legal support, especially crucial as the UK ...
The leasehold housing market has been under scrutiny following an investigation by the Competition and Markets Authority (CMA) into unfair practices surrounding mis-selling of leasehold homes. Thousands of leaseholders across the UK have faced soaring ground rent cha...
UK government intervention that means leaseholders “trapped” in flats due to the cladding crisis could soon be able to sell or re-mortgage their properties. The comments from the leading estate manager come in the wake of advice from an independent expert group that ...
The property landscape in London is undergoing significant changes, with new rules allowing for the residential conversion of many commercial properties. With the implementation of "Class E" permitted development rights, up to four out of five high street properties ...
The bank is no stranger to build to rent (BTR), having made its debut in the sector a few years back with a £118 million loan to finance the construction of Apache Capital and Moda's The Mercian skyscraper in Birmingham. Yet what made the deal with Urban & Civic ...
Asset and property management business Ringley Group, specializing in operational residential real estate, has launched VirginLand by Ringley. This new technology-driven venture will serve as an outsourced land department for investors and developers, streamlining si...
Asset and property manager Ringley Group has launched VirginLand, its latest technology-driven business to boost housing delivery and support investors looking to enter the UK residential market.VirginLand by Ringley will be led by property entrepreneur Dan Robinson,...
With European living real estate investment exceeding €100bn for the first time in 2021 according to Cushman and Wakefield, it is clear investor appetite for the living sectors is far from sated.By Mary-Anne Bowring, Group Managing Director, Ringley GroupIn recent ye...
Introduction to how the use of data in decision-making is revolutionizing the real estate sector, particularly in uncertain times.
Unite’s move into Build to Rent (BTR) is a calculated step to mitigate risks in the student housing sector. By broadening its rental market presence, the company is positioning itself against economic downturns and evolving investor priorities.
Demystifying and democratising the land market provides an opportunity to stimulate competition and collaboration, providing a boost to the struggling to-house market, writes Daniel Robinson, CEO of VirginLand by Ringley.
Last year’s census results revealed that our population is now older than ever before. Almost a fifth of people who live in the UK are aged over 65, including half a million people over the age of 90. (...)
Get rid of your freeholder and choose a managing agent or should we self-manage?
Beyond Enfranchisement.
Service Charge Nightmares
Dealing with Pigeons as a Pest
Should you move or improve?
Managing a Property Can Be a Happy Experience!
Be sure you're not talking just rubbish about bin disposals
Around the houses - Simple tips to make that vital first impression when selling your home
