One of the services we provide to Developers, in conjunction with our Associate Company BUCKINGHAM PROPERTY MANAGEMENT [www.buckinghampropertymanagement.com] is detailed advice on setting up a working Budget for the development.

This help takes out the guesswork on the costs facing potential buyers when calculating their expenses for the first couple of years. It puts in place all the Contractors required to maintain the Development to high standards and ensures the smooth running of the block.

Buyers are becoming more sophisticated and like to see that their purchase will be at a block where all needs have been thought of. And of course this helps to ensure that values are maintained in normal circumstances.

Many new regulations are being introduced and the Managing Agents must keep buyers and developers informed so that the costs are part of the Service Charges.