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Broadoak has advised upon a wide range of new developments including some of the most complex and forward-thinking residential and mixed use developments in the country. These developments include the Hub in Milton Keynes for Crest Nicholson and Frontier Estates; Park Central in Birmingham for Crest Nicholson, Optima Housing Association and Birmingham City Council; and Paddington Basin for West City Wates.
More complex developments, particularly ‘mixed use’, require a specialist knowledge and level of service to ensure that the management structure and operation is correctly tailored to the development’s requirements. We have particularly strong experience of high density, mixed-use in urban locations, undoubtedly the most challenging developments into which to integrate services and produce a Management Plan for the future benefit of all parties involved.
With our experience we are able to provide Developers with advice on strategies and method statements
at the planning stage thereby avoiding potential management problems and achieving cost savings.
The areas where we have typically provided advice and recommendations include:
Development StaffRefuse & RecyclingParkingCommunal Heating SystemsWindow Cleaning & AccessibilityEnvironment
We add value to new development projects by identifying and providing solutions at an early stage to potential future problems and ensuring that the Management Plan is designed for the long term success of the development whilst reducing Developers 'void cost' liability.
Experience in advising on a wide range of new development projects including complex ‘mixed use’ developmentsManagement advice and strategies at the planning stage to avoid management problems and achieve cost savingsLiaison with Solicitors, Sales Representatives and others partiesAdvice on the structure of leases and the terms contained therein to ensure workable leases that will assist in the future management of the developmentAdvice on Ground Rent and create management strategy to ensure maximum return on the sale of the freeholdOversee the sale of the Freehold or introduce Companies that would be interested in the purchaseIntroduce developers to Companies that Preparation of a detailed management plan including service charge estimateReduction in the Developers ‘void cost’ liabilityEnhances your reputation with purchases and adds value to the long Single point of contact throughout the process to ensure smooth transition to complete management for the benefit of both Developer and purchasers
If you are interested or require further information on the services we can offer in relation to new developments then please give us a call on 01525 211548 or email query@broadoakmanagement.co.uk.
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