Property Management Qs Flashcards

1
Q

Talk me through your advice for the electrical and asbestos budgets

A

I advised my client in order to be compliant they needed to ensure all holdings had electric testing and as good practice an asbestos testing. I therefore created a schedule over a period of 3 years and prioritised holdings which didn’t have testing

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2
Q

How would you advise your client if there were more than one holding with high risk asbestos surveys

A

I would assess where the high risk asbestos is located for each holding. If one was in a highly accessed space compared to the other which is in a room which can easily be sealed off, I would prioritise the first. Obtain quotes and carry out necessary works. In the meantime, I would inform the tenants and limit access before moving onto remedying the other holding.

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3
Q

What are the legal compliance for agricultural buildings

A

EICR and asbestos management survey (latter is good practice)

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4
Q

What are the different types of asbestos

A
  • White asbestos (most common)
  • Brown asbestos (often found in insulation)
  • Blue asbestos (most dangerous)
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5
Q

Talk me through your advice for tree safety surveys and why are they needed

A

I advised my client they have a duty of care to take reasonable steps to ensure the safety of trees on their land. I therefore created a report showing the condition of the trees and what risk they pose

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6
Q

How did you manage high risk trees

A

I assessed the location and reason for the high risk rating with our in house forester. If the tree was located next to a building or footpath i would look to fell the tree, if it was in a non accessible place i would see if leaving it for habitat would be an option

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7
Q

How would you advise your client if a tree was blocking a footpath

A

I would locate the tree and assess how much of the footpath is being blocked and understand if the footpath is heavily used. Assuming it was, I would instruct our foresters to safely fell the remainder of the tree using a banksmen and remove from site

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8
Q

Talk me through your property inspection at 10 School Hill

A

During the inspection, i noted the garden had not been maintained, the grass and hedges needed cutting. I informed the tenant this was their responsibility and would be deemed as a breach of tenancy. I followed this up with a letter stating a timeframe for the works to be completed. I then booked in a subsequent visit to ensure the works had been completed

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9
Q

How do you ensure you are safe when carrying out property inspections

A

I ensure to use my company’s lone working procedure which included making sure my phone is fully charged, making sure my diary is up to date with who i am meeting and where and ensure i message my allocated buddy when i arrive and leave the property.

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10
Q

If you witnessed a structural issue what action would you take

A

If i witnessed a suspected structural issue with a property i would take photos and instruct a building surveyor to look at the issue and ask them to provide recommendations with how to resolve the problem

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11
Q

Talk me through the electrical recharges at Buckminster Yard

A

I am responsible for recharging electricity usage at Buckminster Yard for the 11 units. Each month I gather meter reads for each unit and use the unit rate from our electricity bill and recharge accordingly. Each tenant has access to their online portal so they can track their usage

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12
Q

Why is it important for tenants at Buckminster Yard to have access to their usage

A

I have found it a more effective way to ensure tenants have an idea and can track their usage so when I do the recharges, they know roughly how much to expect to pay

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13
Q

Talk me through your advice for rental arrears at 77 Westgate

A

This is a grade II listed, three story property located in the middle of a busy town centre. The current tenant is in significant rental arrears. I advised my client on the options available including serving a section 25 Notice and regain possession or implement a payment plan for the tenant. As I knew the property was going to be difficult to relet and also required a substantial refurbishment, I recommended arranging a payment plan for the tenant and my client agreed

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14
Q

How does 77 Westgate being listed impact VP

A

There will be no business rates payable

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15
Q

What are the timeframes for serving a Section 25 Notice

A

Minimum is 6 months notice, maximum is 12 months notice

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16
Q

Why did you recommend a payment plan for 77 Westgate

A

As the property was going to be difficult to relet and required significant investment to refurbish the property, I recommended a payment plan whilst my client budgeted for the refurbishment costs