Block Management Options and Fees

We have launched a new, flat fee pricing structure which offers significant cost savings for everyone looking for an experienced and professional block management agent for their property in the local area.

This approach to selling removes commission based pricing and offers sellers flat fee payment packages, the benefits associated with online estate agencies, namely very low costs, coupled with the personal service of our traditional high street branch.

No hidden fees

Check the table below, where we have outlined all the elements of our block management package; you can be assured of complete transparency of costs with absolutely no hidden charges.

Block Core Pack
£150 per unit, minimum £849/block

Collection of service charges to include invoicing and arrears collection service, budgeting and reporting. ✔
Receive and pay invoices from contractors ✔
Hold your monies in a segregated, audited, client bank account ✔
Produce electronic and physical records for annual account review ✔
Electronic storage of all files ✔

Appointment and management of contractors to carry out cleaning, gardening, repairs, maintenance and decoration. ✔
Obtaining quotations for larger works, excluding section 20 process ✔
Maintenance contracts preparation and control ✔
We shall agree and sign contracts with your chosen contractors and provide you with an electronic copy ✔
Arrange and manage FRA / H&S reports & assessments ✔
Attend AGMs and complete minutes ✔

Act as Company Secretary & Registered Office ✔
Preparing and maintaining registers of shareholders, directors, members and other statutory records ✔
Filing Annual Returns, annual accounts and other statutory documents at Companies House ✔
Registration of Directors ✔
Management of Share Issues ✔
Secure storage of Company Statutory Files ✔
Section 20 Administration & Management – 10% of contract total ✔
Insurance valuations ✔
Planned & cyclical maintenance reports ✔
Individual project management ✔

All prices shown include VAT.

As you would expect from such an innovative service, naturally there are terms and conditions which apply, and of course we will need to review the property and current commercial arrangements before offering a firm quotation. If you would like to find out more, get in touch with Pace today!