The ‘hybrid’ service for leaseholders who self-manage…
You take care of block maintenance and the SELF team takes care of bookkeeping and other necessary tasks.
As a cloud based solution SELF is perfectly placed to share tasks with our Clients.
How does the hybrid work?
You sign up to a SELF annual licence in the normal way. We provide you with a quote for the services you require us to do, so you only pay for the services you actually need, leaving you to do the rest yourselves.
We both log in to the same property management platform dashboard for complete transparency on all tasks and you benefit from all the features of SELF, but with some help administering the day to day workload. We can even load all your data for you if you would like us to.
Bookkeeping services include:
Opening and maintaining bank account(s) – service charge and reserve if required – service charge demands (directors to confirm budget), leaseholder payments and chasing non-payments, supplier payments, bank reconciliations and forwarding files to your accountants for end of year accounts.
Company secretary tasks include:
– Confirmation Statement
– Maintaining share register
– Issuing share or membership certificates when applicable
– Calling AGM (hosting not included)
Other tasks could include:
SELF works with a building surveying firm in London who is well placed to specify and supervise any major works required, and we can administer the Section 20 notices for an agreed administration fee.
Our experienced block management team, working with solicitors who can act on your behalf, can formally pursue service charge arrears when required.
We will agree a structure with you (in accordance with the lease) as to when the directors would like arrears to be referred – i.e 28 days after due date.
SELF can also assist with other parts of your block management requirements, and successfully do so for a number of clients, some with 200 plus flats.