Southside D12

H. Financial Management
Braemar Estates manages
properties for property
funds, pension funds and
most importantly, Residents’
Management Companies. We
understand the importance of
ensuring that your development
is well run, financially sound and
that you get the best service for
the money you pay towards the
development.
With this in mind, we have
invested heavily in a plc standard
Accounts Team, a Credit Control
Team and a Service Charge
Accounts Team to ensure that all
financial matters relating to your
development are well managed.
We have a fully qualified in-house accounting team who
deal with all aspects of property management including
service charges, insurance and budgets.
The BE Credit Control department deals with all aspects
of payments relating to both ground rent collection and
service charge fees.
BE actively manages over 5,000 apartments, totalling
just over £1.1bn in value. The developments range from
portfolios of small blocks to large mixed-use schemes with
the average fee being £18,000. For similar schemes to SMC
the average fee is over £100,000.
In addition, the Credit Control department collects Ground
Rent for clients on a further 17,000 apartments.
BE is one of the first managing agents in the country to
be awarded ARMA-Q ‘Outstanding’. The rigorous audit
process conducted by ARMA reviews property managers in
terms of consistency, quality and compliance of financial,
legal and customer processes.
It was important for BE to join ARMA and take part in their
thorough audit process. As a business we constantly strive
to improve and set our own standards above the industry
norm and benchmark against these standards.
Our achievement of being rated ‘outstanding’ sets the
standard for the operating procedures we implement, the
standard of our communication and the service we offer to
leaseholders, residents and stakeholders.
We are extremely proud of this and it recognises
the investment we have made in the services to our
customers.
Two Property Management Directors oversee our Property
Managers to ensure that standards are maintained,
decisions made quickly and compliance and governance
are adhered to internally.