--- title: Property Management Companies date: 2018-09-20T00:00:00+01:00 author: Bob Andrews canonical_url: "https://www.assetsure.com/business/flats-insurance/property-management-companies/" section: News --- Our Customers Love Us! Flats Insurance [Trustpilot](https://uk.trustpilot.com/review/assetsure.com) ### Get a Quote [Get Quote](https://intasure.com/property-insurance/blocks-flats/?introducer=59999022) [Home](/) › [Business Insurance](https://www.assetsure.com/business/) › [Flats Insurance](https://www.assetsure.com/business/flats-insurance/) › [Property Management Companies](https://www.assetsure.com/business/flats-insurance/property-management-companies/) # Property Management Companies Property management companies, usually act on behalf of a landlord in respect of the management of a block of flats. Usually, they are appointed to handle sizable blocks where the arrangements are quite complex and the day-to-day dealings are beyond the time of the landlord who may hold a portfolio of properties, portfolios of property, take considerable management. Whilst some landlords, feel perfectly capable in handling their own affairs and do so on a day-to-day basis, some landlords simply prefer a third-party to deal with the lease holders on a face-to-face basis as discussions and disputes can be quite time consuming. Property management companies, perform a variety of tasks, are experienced with the day-to-day problems that can occur in running a large block and provide an essential line of communication between the leaseholders and the freehold. However, it is important to remember, who is employing property management company and whom they received their instructions from. Each individual flat owner would have been granted a lease by the landlord, the terms of the lease would have bestowed on each flat owner certain obligations which are contractually binding. The usual provisions of a lease relate to the payment of[ insurance premiums](https://www.assetsure.com/business/flats-insurance/ "Flat Insurance"), rent and service charges. As well as these charges, each flat owner will be faced with certain restrictions or regulations governing the way in which they behave in relation to their neighbours. Other regulations relate to how the individual property may be used or rented to a tenant. The property management company will deal with all of these matters, making sure that the regulations are adhered to and that payment for insurance, ground rent and service charges are received in good time. The property management company will usually help deal with insurance claims, and will be the first port of call, if a loss occurs at the property. They may simply put the lease holder in contact with the insurance company, or depending on their status, may be able to offer a wider service. In addition to the above items, the property management company will look after the management of the common parts of the building and the provision of services to the flat owners, many blocks include facilities such as gyms and swimming pools and the management company, will make sure that these are kept in a serviceable condition. Most landlords find, without some specific company, enforcing the obligations of the leaseholders, running a large block of flats is difficult if not impossible. Property management companies can be located in local directories or on the Internet, some may specialise in certain property types. However, only ones that deal with the selling of insurance products are regulated by the FSA. The Association of Residential Managing agents should be able to help you if you want to locate a managing agent near your property. ARMA registered managers are part of an association that commits them to reputable practices and a high level of service for their clients. ## How to choose a property management company Choosing a reputable property management company is essential as the standard of service and expertise offered does vary enormously, you should consider the following in choosing a property managing company. - Are they happy to provide references? - Do they have a full understanding of leases and all relevant legislation relating to blocks of flats. - Can they that they comply with the Codes of Practice. - Do they have their own team of people to deal with all aspects of managing the property. - Can they provide you with accounting facilities for budgeting, service charge collection and year-end accounting. - Can they deal with rent arrears collection and disputes between lessees in an independent and fair manner - Can they assist leaseholders who want to rent their flats to tenants if this is allowable. Many lessees will want to use their own agent though ## Latest News & Advice [![Insurance quote for a block of flats](/assets/uploads/images/_800x405_crop_center-center_none/assetsure-banner-plain.jpg)](https://www.assetsure.com/business/flats-insurance/insurance-quote-for-a-block-of-flats/) ### [Insurance quote for a block of flats](https://www.assetsure.com/business/flats-insurance/insurance-quote-for-a-block-of-flats/) Requesting an insurance quotation for a block of flats is a fairly straight forward process, once you are in full possession of all the required information. It’s probably a good idea if only one person does the calling around for the premiums, as if more than one attempts the process, you can end up with insurance brokers and companies being contacted on numerous occasions and confusion as to the actual information disclosed.... [![Flat Management](/assets/uploads/images/_800x405_crop_center-center_none/flat-management-news-banner.webp)](https://www.assetsure.com/business/flats-insurance/flat-management/) ### [Flat Management](https://www.assetsure.com/business/flats-insurance/flat-management/) Flat Management.Buying a flat in a block, whether it’s a converted house or a purpose built building, may seem like a fairly straight forward process, and generally it is, providing the freeholder is contactable and you can provide evidence of flat insurance, the process should be no different from buying a property on a freehold basis.... [More News](https://assetsure.com/news) [Trustpilot](https://uk.trustpilot.com/review/assetsure.com) [ View All ](https://uk.trustpilot.com/review/assetsure.com)[ Get Quote ](#quickQuote) [Most Popular](#tabs__tabmost-popular)[Jewellery](#tabs__tabjewellery)[Leisure](#tabs__tableisure)[Collectables](#tabs__tabcollectables)[Events](#tabs__tabevents)[Hearing Aids](#tabs__tabhearing-aids)[Property](#tabs__tabhomes) [#### Engagement Ring Insurance ![Engagement Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/engagement-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/engagement-ring-insurance/) [#### Watch Insurance ![Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/watch-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/watch-insurance/) [#### Camera Insurance ![Camera Insurance](/assets/uploads/images/_tabLinkThumbnail/camera-feature.webp)Get an instant quote](https://www.assetsure.com/leisure/camera-insurance/) [#### Home Insurance ![Home Insurance](/assets/uploads/images/_tabLinkThumbnail/home-insurance-feature.webp)Get an instant quote](https://www.assetsure.com/homes/home-insurance/) [#### Collectable Insurance ![Collectable Insurance](/assets/uploads/images/_tabLinkThumbnail/collectables-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/other/) [#### Bicycle Insurance ![Bicycle Insurance](/assets/uploads/images/_tabLinkThumbnail/bike-feature.webp)Get an instant quote](https://www.assetsure.com/bicycles/bicycle-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Engagement Ring Insurance ![Engagement Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/engagement-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/engagement-ring-insurance/) [#### Insurance for Jewellery Collections ![Insurance for Jewellery Collections](/assets/uploads/images/_tabLinkThumbnail/jewellery-collection-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/insurance-for-jewellery-collections/) [#### Watch Insurance ![Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/watch-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/watch-insurance/) [#### Wedding Ring Insurance ![Wedding Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/wedding-ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/wedding-ring-insurance/) [#### Diamond Ring Insurance ![Diamond Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/diamond-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/diamond-ring-insurance/) [#### Earrings Insurance ![Earrings Insurance](/assets/uploads/images/_tabLinkThumbnail/Earing-emerald-shutterstock_1156023577-mid.jpg)Get an instant quote](https://www.assetsure.com/jewellery/earrings-insurance/) [#### Standalone Jewellery Insurance ![Standalone Jewellery Insurance](/assets/uploads/images/_tabLinkThumbnail/Standalone-Jewellery_-Shutterstock_2493208421.jpg)Get an instant quote](https://www.assetsure.com/jewellery/jewellery-insurance/) [#### Ring Insurance ![Ring Insurance](/assets/uploads/images/_tabLinkThumbnail/ring-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/ring-insurance/) [#### Rolex Watch Insurance ![Rolex Watch Insurance](/assets/uploads/images/_tabLinkThumbnail/rolex-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/rolex-insurance/) [#### Single Item Insurance ![Single Item Insurance](/assets/uploads/images/_tabLinkThumbnail/single-item-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/single-item-insurance/) [#### Safe Deposit Box Insurance ![Safe Deposit Box Insurance](/assets/uploads/images/_tabLinkThumbnail/safe-box-feature.webp)Get an instant quote](https://www.assetsure.com/jewellery/safe-deposit-box-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Camera Insurance ![Camera Insurance](/assets/uploads/images/_tabLinkThumbnail/camera-feature.webp)Get an instant quote](https://www.assetsure.com/leisure/camera-insurance/) [#### Musical Instrument Insurance ![Musical Instrument Insurance](/assets/uploads/images/_tabLinkThumbnail/Guitar-thumb.webp)Get an instant quote](https://www.assetsure.com/leisure/musical-instrument-insurance/) [#### Bicycle Insurance ![Bicycle Insurance](/assets/uploads/images/_tabLinkThumbnail/bike-feature.webp)Get an instant quote](https://www.assetsure.com/bicycles/bicycle-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Antique Insurance ![Antique Insurance](/assets/uploads/images/_tabLinkThumbnail/Antiques-thumb.webp)Get an instant quote](https://www.assetsure.com/collectables/antique-insurance/) [#### Coin Insurance ![Coin Insurance](/assets/uploads/images/_tabLinkThumbnail/coins-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/coin-collections/) [#### Fine Art Insurance ![Fine Art Insurance](/assets/uploads/images/_tabLinkThumbnail/fine-art-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/fine-art-insurance/) [#### Handbag Insurance ![Handbag Insurance](/assets/uploads/images/_tabLinkThumbnail/handbag-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/handbag-insurance/) [#### Militaria & Military Collectables Insurance ![Militaria & Military Collectables Insurance](/assets/uploads/images/_tabLinkThumbnail/military-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/militaria-insurance/) [#### Stamp Insurance ![Stamp Insurance](/assets/uploads/images/_tabLinkThumbnail/stamps-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/stamp-collections/) [#### Wine Insurance ![Wine Insurance](/assets/uploads/images/_tabLinkThumbnail/wine-feature.webp)Get an instant quote](https://www.assetsure.com/collectables/wine-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Hearing Aid Insurance ![Hearing Aid Insurance](/assets/uploads/images/_tabLinkThumbnail/hearing-aid-feature.webp)Get an instant quote](https://www.assetsure.com/hearing-aids/hearing-aid-insurance/) [ All Insurances](https://www.assetsure.com/insurance/) [#### Home Insurance ![Home Insurance](/assets/uploads/images/_tabLinkThumbnail/home-insurance-feature.webp)Get an instant quote](https://www.assetsure.com/homes/home-insurance/) [#### High Net Worth Home Insurance ![High Net Worth Home Insurance](/assets/uploads/images/_tabLinkThumbnail/High-net-worth-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/high-net-worth-home-insurance/) [#### Listed Buildings Insurance ![Listed Buildings Insurance](/assets/uploads/images/_tabLinkThumbnail/Listed-building-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/listed-buildings-insurance/) [#### Holiday Home Insurance ![Holiday Home Insurance](/assets/uploads/images/_tabLinkThumbnail/Holiday-home-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/holiday-home-cover/) [#### Buy To Let Insurance ![Buy To Let Insurance](/assets/uploads/images/_tabLinkThumbnail/Buy-to-let-thumb.jpg)Get an instant quote](https://www.assetsure.com/homes/buy-to-let-insurance/) [ All Insurances](https://www.assetsure.com/insurance/)