Issue 105

news

Property management firm's boost for RTM

R esidential property has expanded its Right to Manage (RTM) offering. The RTM initiative provides leaseholders with the right to take control of running their apartment building from their landlord. But to be successful, correct procedures must be followed. Bosses at Rendall & Rittner say that the move will mean they can offer advice to management company, Rendall & Rittner

Managing director Richard Daver added: “We are pleased to offer our services to leaseholders interested in this process and guide them through the procedure of Right to Manage. With over 30 years of property management experience our wealth of knowledge will help prospective clients understand what is involved in managing a building and the steps needed to begin the RTM process.”

more residents who are considering taking over the management of their building. Rendall & Rittner’s group head of legal Azmon Rankohi: “The Right to Manage process is ideal for residents who are considering taking over the management of their apartment building. Although the process of RTM is relatively straight forward,

A ffordable housing developer Pocket Living is in talks with potential partners over funding to kick-start an expansion outside of London. The home builder has built and sold hundreds of micro-flats for first-time buyers otherwise priced out of London’s property market. It has set its sights set on the commuter belt, including Oxford, Cambridge, Maidenhead and Winchester. Pocket Living has raised £51.4m in debt financing from Sadiq Khan, the London mayor, and his predecessor, Boris Johnson. A spokesman said: “Pocket Living is talking to the government and administrations on how its model can be replicated outside the capital. Nothing has yet been agreed.” The company’s portfolio of one- bedroom flats are sold with a 20pc discount on market rates. The Pocket Living eyes expansion

the qualifying rules and criteria can be complex.”

Airbnb develops internet check for customers

N ew technology that scours the internet to work out if someone is likely to trash holiday accommodation has been developed by Airbnb. The online rental marketplace firm has worked on the analysing software to check out social media accounts to calculate risk. The “trait analyser” software uses artificial intelligence to mark down people 'associated' with drugs or alcohol, hate websites, or sex work.  It does this by R esidential block facilities company Future Group has added a heating division to its portfolio. Company bosses decided to launch Future Heating Solutions to meet the growing demand for fully compliant heating installations in the residential block sector. The new business is headed by Mark Georgiou, a qualified

scanning keywords, images and video footage across the internet linked to a potential customer to assess their trustworthiness. The programme will also assess their 'behavioural and personality traits' including 'conscientiousness and openness' alongside its usual credit and identity checks. An Airbnb reports states: “'While no screening system is perfect, globally we check hosts and guests against regulatory, terrorist, and sanction watchlists,”

apartments are only available to first- time buyers who live or work locally and who earn a household income less than £90,000. Facilities firm adds heating division

is a great fit with the rest of the Future team. “We are absolutely confident that Mark, with his extensive knowledge of heating technology and the property industry, will bring the exceptional levels of customer service and knowledge leadership that our client base has rightly come to expect from the Future Group.”

Willsdon said: “We’ve launched the company in response to block management clients who need specialist advice. Heating will be sitting alongside lighting, fire & life safety and security as the final piece of the facilities jigsaw.” He added: “We are delighted to welcome Mark on board. We believe he is the ideal person to head up the new company and

and accredited commercial and domestic combustion engineer with almost two decades of experience in providing services for some of the property sector’s leading names. Future Group director Jamie

7

www.newsontheblock.com

ISSUE 105

Made with FlippingBook Ebook Creator