We are happy to get involved at any stage of the development process and are able to play a key role in all aspects of your new build, ensuring a smooth transition into first occupation and its on-going management.
Whether you’re building a residential or mixed-use development, there are numerous benefits when employing an experienced estate management company early on in the process.
Having worked with property developers for over 30 years, the team at Edgefield is well placed to play a key role in all aspects of your build, from service charge scheduling and budgeting to arranging utilities and maintenance contracts.
What’s more, this advice can be delivered free of charge by appointing Edgefield as the first managing agent for the development.
See our services below:
Assessing potential maintenance costs and establishing an annual service charge, even before your development is completed, will help you sell your units off plan.
At Edgefield, we have extensive experience when it comes to budgeting and managing service charges for new developments. Working with you, we will produce an annual service charge budget, taking into account the likely expenses for the year. Services such as cleaning, gardening and lift maintenance are put to tender to ensure you get the best value for money. We produce transparent and concise breakdowns of service charge expenditure for each unit, which includes producing a tenancy schedule apportioning costs relevant to each unit and proportional to their size. This way, potential buyers know exactly what they’re going to pay in the future.
To deliver a high level of customer service to your leaseholders and freeholders, it’s important to put the right team in place, both during the build and after completion of the development.
We have the resources to recruit estate management teams, concierge services, security staff, and caretakers, and will work with you to develop a security strategy that will protect your development.
Organising the utilities is the most common cause of delays in construction projects, which means homes are not supplied to the market as quickly as they should be and retail units are unable to open on time. In addition, there’s also a desire, and often a local authority requirement, for energy efficient developments. These can be challenging, and consideration must be given to renewable energy, solar panels and low carbon units early on in the process.
Because of our experience, the team at Edgefield can give you practical and professional advice around landlords’ metering, utility supplies and connection, energy efficient options, refuse collection and recycling.
From reviewing how the services charge is described in the lease agreements to helping ensure your development meets current health & safety and Fire Risk legislation: there are numerous legal requirements associated with property development that we are able to assist with.
We are able to give advice on the wording in your lease agreement regarding ground rent, service charge, leaseholder obligations and any conditions (like keeping pets). We will produce transparent and concise breakdowns of service charge expenditure for each unit, including a tenancy schedule apportioning costs relevant to each unit and proportional to their size. We also review and advise on all health and safety and fire safety matters for the building to ensure the development is compliant.