DRUCE ESTATE MANAGEMENT Whether your property is your home, a secondary home or an investment property, when it comes to choosing the right managing agent, there are many aspects to take into account. At Druce we offer a unique and innovative approach to management. Our friendly and approachable professionals maintain high standards of integrity and professionalism, focusing on the creation of long term client relationships achieved through the highest level of reliability and service. Druce Estate Management has put in place processes and procedures to ensure that we deliver an efficient and cost effective service. Our bespoke approach to management provides the flexibility to oversee all types and size of property resulting in a diverse and growing portfolio from newly built developments through to historic listed buildings. All our staff are committed to continuing personal and professional development. We actively encourage ongoing training and further education to ensure that our services and their practice remain compliant with current standards and applicable legislation. The Druce Estate Management team provides a variety of professional services as follows: ● ● ● ● ● ● Estate Management Property Management Accountancy Services Legal Services Developer Services Refurbishment ESTABLISHED TRADITION Druce was established in Marylebone in 1822, and has had a property presence in the area through the majority of that time. In the mid 1980’s an office was also opened on Harrington Road, South Kensington. After 25 years it moved to a superior location on Gloucester Road. Druce have recently opened an office in London Bridge, next to The Shard, at the entrance to London Bridge main line and underground stations, on St. Thomas Street. Our focus is on Prime residential property and new developments. Druce is a voluntary member of the Association of Residential Management Agents and the Association of Residential Letting Agents. Membership means we have to follow the highest standards of conduct and professionalism. ESTATE MANAGEMENT At Druce we understand that all buildings are different Druce manages a diverse range of property throughout the London area from newly built developments through to period properties. We cater for blocks with a minimum of 2 apartments through to larger mixed developments. That’s why our team provides a flexible range of services from part management through to the more complex Estate Management role. By providing a bespoke service we can ensure a suitable package that is competitively priced to cater for all your individual needs. Our services include but not restricted to: ● ● ● ● ● ● ● ● Budgeting and service charge collection Ground rent collection Health & Safety compliances Contractor procurement Staff management and training 24hr maintenance service Scheduled property inspections On-site meetings Druce manage a number of lettings within our managed blocks, which naturally benefit from the advantages of both building familiarity and enhanced communication. By eliminating the need for a third party, it is proven that we can provide an efficient duel management service at a cost effective and competitive price. PROPERTY MANAGEMENT Druce makes property management easy As a landlord you can be as involved or as removed from the day-to-day management as desired, however we recognise that most residential landlords do not always have the time to manage their tenanted properties. So, whether you have one property or a whole portfolio we can assist with everything from rent collection through to a complete refurbishment service. We are committed to taking good care of your property with regular inspections, efficient maintenance services and a 24hr emergency line as standard to guarantee you with the peace of mind that your investment is in safe hands. Our services include but not restricted to: ● ● ● ● ● ● ● ● Rent collection Overseas landlord tax Repairs & maintenance 24 Hour emergency call out service Electrical safety inspections Gas safety inspections Inventory checks for both in coming and out going tenants. Overseeing Refurbishments DRUCE ACCOUNTANCY SERVICES Transparent, Trustworthy and Approachable Whether you are a sole trader or a limited company, choosing an accountant is an important decision. Make the right one and you have a partnership for life. At Druce we offer a full range of business accountancy services, from book keeping & preparing accounts to payroll & tax returns. These services are carefully tailored around your individual needs and circumstances handling everything from creating a budget to pursuing arrears. Our successful track record in collecting debts is achieved by our set processes and procedures with a low tolerance approach to late payers. Therefore, if you are having difficulty making any payment it is vital that you contact us immediately in order that we can discuss your options in a confidential and friendly environment. Our services include: ● ● ● ● ● Rent collection Tenancy Deposit Schemes Overseas Landlord Tax Landlord annual returns Year End Accounts Service charge collection – We are obliged to collect your service charges in the accordance with the lease terms and within the guidelines as set out in the Royal Institute of Chartered Surveyors Service Charge Residential Management Code of Practice. Ground Rent Collection – We can act on behalf of a freeholder to collect ground rents including issuing demands compliant with all relevant legislation and chasing arrears with our dedicated credit control team. Reserves for major works – Reserve funds are an integral part of the annual budgeting process. Our Property Managers are trained and supported by the finance team to incorporate a 10 year financial plan into each buildings Planned Maintenance Programme. DRUCE LEGAL SERVICES Affordable litigation is a specialty of our Legal Services. Our Property Managers monitor arrears weekly working with the legal officer to recoup outstanding funds both efficiently and cost effectively. Our legal Services team also oversees a multitude of different aspects within the property management department as follows: Sale Transfers ● ● ● ● ● Preliminary Enquiries Pack for Vendors/Purchasers/Re-mortgage Notice of Transfer/Charge Licence to Assign Deed of Covenant Licence to Alter Litigation ● ● ● ● ● Breach of Lease (non payment of ground rent/service charge) Letter of Claims Court Proceedings Enforce Judgments Forfeiture Company Secretarial Service As company secretary we will maintain the registered office, comply with the Memorandum and Articles including registering all relevant data to Companies House, whilst retaining official records to include: ● ● ● ● ● ● ● Registers of directors Registers of members Records of resolutions Contracts relating to purchase of shares Interests in shares disclosed to public company Attend and minute meetings AGM Notices and Accounts This service is available for all Private Limited Companies and Residential Management Companies. DEVELOPER HANDOVER SERVICE We have successfully overseen the handover of a number of ‘newly built’ luxury blocks direct from the developer. At Druce we can offer a cost effective and bespoke service that provides a smooth transition from pre-sale condition through to the completed development. Our terms are simple; we offer a Free of Charge management service whilst you sell the properties, in return for the Management Contract for a minimum period of 3 years. Our services include but not restricted to: ● ● ● ● ● ● ● Practical advice on communal services (maintenance contracts, refuse removal etc.) Staff recruitment and training for concierges, resident caretakers, cleaners etc Preparation of initial service charge budget Sales team guidance Utility companies contract set up Management Company set up Handling post completion issues and latent defects REFURBISHMENTS Our management department oversees minor building repairs through to full scale property refurbishments. Our extensive portfolio of contractors enables us to cover all aspects of building works both cost effectively and efficiently, compliant with all aspects of Health & Safety. We work closely with our lettings departments to help advise you on refurbishments maximising the rental potential. Our Estate Managers oversee major works to blocks both internally and externally, undertaking the necessary consultation requirements in accordance with the Commonhold and Leasehold Reform Act 2002. Listed Building Consent Listed Buildings accounts for approximately 2% of properties in England and Wales If you wish to make any modification to a listed building, you will need to apply to the relevant local planning authority to obtain Listed Building Consent. The legislation surrounding listed buildings is complex and specialist advice should be sought before undertaking any external and/or internal restoration or refurbishment work. Unauthorised work to a listed building is a criminal offence. At Druce our Estate Management team have the expertise to manage listed buildings and applying for Listed Building Consent. Our sympathetic management of both historic and modern buildings ensures that we source the relevantly skilled craftsmen specific to the architectural design of your building. Druce & Company Limited 10 Gloucester Road London SW7 4RB T Sales 020 7581 3771 T Letting 020 7581 3772 21-27 St Thomas Street London SE1 9RY T Sales 020 7036 2330 T Letting 020 7036 2340 T Property Management 020 7036 2333 61 Weymouth Street London W1G 8NR Sales & Lettings Department T 020 7935 6535 www.druce.com
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