New - Residential Estate Agency
As of June 2019 we will be offering our home sales and acquisition estate agency service, led by a highly-experienced team, covering Guernsey’s Local and Open Market owner-occupied and buy-to-let sectors. We see this as a significant growth area as Guernsey’s housing markets continue to rebound. In particular, we bring our expertise as Guernsey’s largest apartment block managers to the fore when handling apartment sales, which are often more technically complex than selling stand-alone homes.
Commercial Sales & Acquisitions
Freehold investment and vacant possession sales and acquisitions for clients seeking commercial premises in the Channel Islands and the UK markets.
Negotiation of lease rents and leasing contract terms for Landlords and Tenants. We not only negotiate the rent and lease length but work with Advocates to ensure what the parties intended to agree on day one, materialises in the completed Lease documents.
Across all classes of Guernsey rentals we screen then match the right Open Market and Local Market Tenants to the right Landlords and continue to offer professional on-going leasing advice and assistance to all parties during the letting process.
Commercial Property Management
We manage all properties, from single-tenanted commercial units, to highly-complex and technically challenging multi-occupancy investments with convoluted service charge provisions to administer.
Residential Property Management
Flexible service options to suit all Landlords, from rent collection only, through to full management throughout the Lease period.
Scheduling of owner’s fixtures, fittings and chattels, either at the start and end of a Lease, or prior to a sale. This matters in order to avoid disputes about what was present at a property when a Lease started.
General Property Inspections
A simple, visual survey to provide an easily digested report on any maintenance/repair/redecoration works needed either now or in the medium/long term.
Dilapidations Advisory Services
Advising Landlords and Tenants on what repairs & redecorations are needed to comply with the yielding up provisions in a Lease. The subject of Terminal or Interim Dilapidations is a minefield with substantial financial implications for property owners and Tenants.
Service Charge Administration
Full financial administration of multi-occupied buildings where Tenants pay the running costs (‘Service Charges’). We collect funds, lodge them in named client accounts and administer payments from those funds to approved service providers.
Overseeing challenging refurbishments of property assets to optimise rental returns and capital values. These range from challenging ‘strip and refit’ projects through to simpler re-decoration projects on large blocks.
Commercial Rent Review
We are qualified experts in negotiating large and technically complex commercial rent reviews where the stakes are usually high for both Landlord and Tenant.
Residential Rent Review
Often residential rent reviews are linked to inflation (RPI) but not always depending on the wording of the Lease. we check the correct mechanism to be adopted and oversee the process through the signing of Memoranda recording the change of rent.
An alternative to the Courts system, arbitration allows the parties to a Lease to save time and money by having any dispute heard and determined by an impartial third party surveyor. Arbitration is commonly used to resolve rent review disputes, which is very much our field of expertise.
Valuation to RICS ‘Red Book’ Standards
The Royal Institution of Chartered Surveyors (RICS), demands all qualified members adopt ‘Red Book’ standards in undertaking property valuations. These professional rules/codes help ensure a consistent approach to valuation across the property industry, which is crucial in giving buyers, sellers and lenders transactional confidence.
Our know-how runs from site finding, to land acquisition, planning, pre-letting, financing, contracts administration, and finally, the exit sale.
A general service for anyone with a property headache they can’t get rid of! We can’t cure every problem but if we don’t have the answer, we do have other professional contacts who may.