S.R. Wood & Son (Property Management) Ltd. is owned and operated by Rupert J. Nixon and Stephen J. Wood and was born out of requests received from clients of our sister company, S.R. Wood & Son Ltd., for them to manage a variety of client portfolios.
S.R. Wood & Son (Property Management) Ltd. covers both: -
For both services we offer a bespoke service tailored to the requirements of each client. S.R. Wood & Son manage properties worth tens of millions of pounds so you can be completely confident in our service which can still deliver cost savings for both landlords and tenants.
Our service helps to protect and maximise the value of your investment whilst freeing up your time from the burden of these management matters. We are also members of the Ombudsman-backed Property Redress Scheme.
Apart from the day to day basics of invoicing and collecting of rent, detailed below are just some of the services that we can offer:
We see the financial management of your development as a crucial part of our role as Managing Agent in protecting your investment. Detailed below are some of the services which we can offer in this regard:-
The flexibility of our computer software allows us to provide bespoke reports to assist with the financial management of the Company. The Directors can therefore, within reason, request data to be presented as they wish, however we would suggest the following reports on a frequency to be agreed:-
We use independent insurance intermediaries to source competitive quotes for the best possible cover.
The types of policies that we can offer are detailed below:-
Naturally, we would administer any claims liaising with loss adjusters and obtaining quotes as required.
Rebuild valuations can also be undertaken.
Importantly, as you would expect, we have Professional Indemnity Insurance details of which are available upon request.
We pride ourselves on the appearance of properties that we manage. To residents and indeed the general public the appearance of a development can often be construed to be the main role of a Managing Agent.
Obviously the appearance of a development is only one facet of a Managing Agent’s role; however it is a crucial one as if a development is not properly maintained the capital value of your investment is likely to suffer. It may prove difficult to sell and the development will not be a pleasant place to live possibly encouraging crime, vandalism and become blighted.
To maintain our independence and ensure transparency we do not use in house contractors. We maintain the highest standards of works undertaken by conducting site inspections on a regular basis and by adopting the following approach:-
As stated previously we conduct site inspections on a regular basis at varying times of the day. As well as a site inspection, the visit will be used to meet with residents/lessees to discuss issues that they may have and breaches of leasehold obligations/complaints. Each month we can report on the following:-
Inevitably there will, with any development, be occasions when lessees fall into breach of their leasehold obligations. These breaches can often be difficult to resolve particularly where units have been sublet by the lessee.
Breaches may take the form of washing hung on balconies, parking in unallocated spaces, Estate Agents’ boards, music being played after a certain hour or contravention of some other restrictive covenant. We would undertake to do the following:-
As and when property sales are transacted we can provide the following services:-
Effective communication is what we feel really sets us aside from the competition. We endeavour to return all calls and correspondence as soon as practicably possible.
We will communicate with Directors in their preferred manner, be it email, post or telephone, and will only provide relevant, timely information.
As part of the Managing Agents’ role it is necessary for them to attend a number of meetings throughout the year which fall into the following categories:-
We are an owner operated company where immediate decisions can be made when necessary. Our reputation is very important to us that is why we will only accept instructions in the Northern Home Counties and London offering our clients total focus and attention to detail.
We hope you are by now in a better position to consider appointing our Company. The process is simple.
Should you have an existing managing agent there will almost certainly be a notice period to terminate their appointment.
On serving of notice we would naturally liaise with the outgoing agent to ensure a smooth transition. So that you are not left exposed we suggest our appointment starts from the commencement of termination notice being served.
Importantly, you should note that our fees from the commencement of our appointment for a period of up to two months will not be charged for should this overlap the notice period of the outgoing agent – smooth hand over depends on co-operation from the outgoing managing agents.
At this stage we will undertake a detailed site inspection to identify wants of repair, quality of service and value for money from the existing service providers, getting alternative quotations where appropriate etc.
We will provide a Directors’ summary of the financial position to include arrears, service charges and ground rents, together with an assessment of the Company’s ability to meet future commitments.
Our standard contract that can be adopted to suit individual requirements is available upon request.
There will be fees to be paid to S.R. Wood & Son (Property Management) Ltd. by the Management Company. The extent of anticipated work involved will dictate the level to be charged.
A competitive quotation can be supplied upon request.