Southside D12
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Lease Violations<br />
BE have an in-house Legal Team who advise all of our<br />
Property Managers, Leaseholders and Landlords on<br />
legal disputes and lease violations. This team enables<br />
our Property Managers to manage our buildings more<br />
effectively and minimise the number of lease violations<br />
which occur. In the past these efforts have been to<br />
eliminate short-term sub-leasing of properties (for<br />
example, through AirBNB), removing nuisance Tenants,<br />
and to enforce leases where violations have occurred<br />
or where changes to the property require the correct<br />
permissions.<br />
With BE’s Legal Team, the Leaseholders at <strong>Southside</strong> will<br />
have a team of experts working for them who are able to<br />
ensure the development is run well, leases are enforced<br />
and problems kept to a minimum.<br />
Consents on leases can also be granted quicker and this<br />
will enable the smoother running of the development.<br />
Insurance<br />
Braemar Estates can procure insurance through our<br />
specialist partner Locktons. The industry norm is for<br />
agents to receive an administration fee of up to 25% for<br />
arranging insurance. Our proposal to SMC is to split this<br />
administration fee. 20% will be retained by SMC and BE<br />
to retain 5% to cover the cost of claims handling. We<br />
recommend this 20% be put towards the Reserve Fund of<br />
the Service Charge.<br />
High speed broadband<br />
Through the network of large developments we manage,<br />
we have sourced the best broadband providers on the<br />
market. For this instruction, we would like to introduce<br />
Hyperoptic to install their award winning high-speed<br />
broadband to the <strong>Southside</strong> development free of charge<br />
– all residents would need to pay for is connection – and it<br />
will be available immediately!<br />
It is increasingly more important for developments to have<br />
the best in terms of broadband as this is often one of the<br />
main criteria that residents use when choosing where to<br />
live.