A managing agent is usually a company that is chosen by a property’s landlord to manage the building on their behalf. This involves a variety of tasks such as collecting service charges from the property’s residents. If you would like to find out more about our managing agent services here at Honeydell Block Management, please read on.
In short, managing agents manage properties by following the terms of the lease whilst also ensuring that all statutory requirements are adhered to. We are proud to say that all of our team are well versed in every aspect of this field. This includes a good knowledge of landlord and tenant law, health and safety regulations, building construction, accounting, etc.
For the benefit of complete clarity, all of the tasks that a managing agent is asked to perform are placed in a contract, known as the management agreement, and signed by both parties. These agreements can be tailored on an individual basis as we understand that every property is different and therefore will have different requirements.
The duties that a managing agent may be asked to perform can be split up into a number of categories. Below we will list these categories along with a brief description of the roles.
