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Resident Groups and Industry Call for Government Action on Cladding

New industry research suggests half a million people could be living in unsafe buildings With government support limited to one specific type of cladding, these residents could be left with excessive bills to make their homes safe Resident groups form an unprecedented coalition with managing agents and building owners to

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HML Holdings acquires Residential Block Management Services for £675,000

Property services provider HML Holdings said Tuesday it had acquired property management business Residential Block Management Services located in Blackheath for £675,000. Residential Block Management Services (RMBS) had been operating as a block management services business in and around the Blackheath area since 2005. It had grown to manage over

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Latest Issue

BDC 317 : Jun 2024

block management

RENDALL & RITTNER TO MANAGE THE RECLADDING OF SHEFFIELD’S METIS APARTMENTS

Leading managing agent Rendall & Rittner has been appointed to take over the management of Metis Apartments in Scotland Street, Sheffield. The block of 122 apartments and five commercial units contains ACM (Aluminium Composite Material) cladding similar to the Grenfell Tower, which is due to be replaced under the Government funding. Rendall & Rittner was selected by the First Tier Tribunal to oversee the reinstatement work and the ongoing management of the building because of the company’s expertise, experience and scale that will enable it to deal with the cladding issues at the property.   Rendall & Rittner was instrumental in bringing together the group of property managers, building owners and professional bodies that appealed to the government to step up, take action and introduce the Building Safety Fund. Matt Kirk, Northern Divisional Director at Rendall & Rittner comments: “We are delighted to be appointed to manage the recladding of Metis Apartments and work closely with its residents to make their homes safe for the future. We recognise that by appointing us, the First Tier Tribunal is placing responsibility on us to carry out the works promptly and professionally. It will be a huge relief for everyone that lives in the building when this issue is resolved.” “As a business we wholeheartedly welcome the Government’s Building Safety Fund and will be actively pursuing funding on behalf of residents and leaseholders at buildings that we manage that meet the criteria.” Rendall & Rittner is one of the UK’s largest residential property managers with a portfolio of over 70,000 units under management. Founded 30 years ago, the business manages some of the country’s largest and most prominent residential developments, with seven offices across England including its northern division in Manchester. For further information on Rendall & Rittner please visit www.rendallandrittner.co.uk.

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Resident Groups and Industry Call for Government Action on Cladding

New industry research suggests half a million people could be living in unsafe buildings With government support limited to one specific type of cladding, these residents could be left with excessive bills to make their homes safe Resident groups form an unprecedented coalition with managing agents and building owners to call on the new Chancellor to establish a fund to make these homes safe Following new evidence that the scale of the cladding crisis may affect up to half a million people, cladding campaigners, residents, property managers and the UK’s largest freeholders have formed an unprecedented coalition to request a multibillion-pound fund to remediate unsafe buildings. In an open letter to the new Chancellor, the group has called on the Government to step in following failures in the building safety regime that have dated back decades. Without support, leaseholders may be left having to pay the price, which is likely to run into the billions. The Association of Residential Managing Agents (ARMA), which represents the largest property managers in the country, has conducted an analysis of apartment buildings in the UK and found that over half a million people may be living in unsafe buildings that passed building control when they were built. Materials now deemed to be unsafe include High Pressure Laminate (HPL) – which has been found to be at least as flammable as the ACM cladding that was used on Grenfell Tower – but the Government’s existing fund is limited to ACM cladding. The freeholder signatories are coordinating remediation work on buildings with ACM cladding in every major city in the UK, but the process has revealed numerous additional safety issues and there are concerns that the cost of fixing these problems will fall on to residents unless the Government steps in. Given the scale of the task, the group is calling for a multibillion-pound, government-backed fund to be established so that these buildings can be made safe as soon as possible. Nigel Glen, Chief Executive Officer, The Association of Residential Managing Agents (ARMA) said: “The Grenfell tragedy highlighted the dangers of ACM cladding, but it has also revealed a much wider building safety crisis which could affect over half a million people. These buildings are being fixed by building owners and managing agents as quickly as possible but, without Government support, the process could take decades and leave leaseholders with life-changing bills on top of the anxiety that has already been caused.” Martin Boyd, Leasehold Knowledge Partnership said: “Nearly 1,000 days after the Grenfell tragedy there is a huge amount of worry among leaseholders that the problems are getting worse, not better. The government must help find solutions rather than just telling everyone these are complex problems.”

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HML Holdings acquires Residential Block Management Services for £675,000

Property services provider HML Holdings said Tuesday it had acquired property management business Residential Block Management Services located in Blackheath for £675,000. Residential Block Management Services (RMBS) had been operating as a block management services business in and around the Blackheath area since 2005. It had grown to manage over 2,000 units in 160 blocks mainly in the South Eastern quartile of London. RBMS’ employees would remain with the business and operating from its existing offices. RBMS reported annual revenues of £803,000 for the year ending 31 December 2018. The transaction included additional performance related retention payments of up to £169,000 which would be subject to the achievement of certain criteria and be payable 12 months from the acquisition date. ‘We are pleased to welcome all the team at RBMS into the HML Group. The business will become a valuable addition to our network of offices in London and provide ideal coverage for us in this important geographical area,’ said Rob Plumb, Chief Executive of HML.

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