Our range of Property Management Services
The PMS Group of Companies started out in 1987 with the formation of PMS Leasehold Management Limited. PMS Managing Estates, which was formed in 2016 to concentrate on the property management aspect of the business, manages a large and prestigious portfolio of privately owned residential, commercial and retirement developments.
We are fully ARMA Accredited.
Appointing PMS as your Managing Agent will enhance the value of your property and will ensure it remains a pleasant place to live.
We have a dedicated New Business Team that ensure the switch to PMS is completely stress free; we deal with all aspects of the handover from your existing managing agent. Relax; let us do all the hard work.
Our multi-award-winning management services also extend to office parks, shopping centres and retail complexes
Whether you are a commercial Landlord, a commercial-property portfolio owner or a developer building your next business park, we can assist from conception to the point of completion and beyond.
Let us collect your rents on time, administer your commercial development using locally sourced suppliers keeping your clients content to maximise your yield and reduce your void contributions.
The right to manage your development
Do you pay a service charge but don’t have any input as to how it is spent?
Do you pay ground rent to a third party Landlord but never seem to have any other interaction with them?
Is your development managed by an Agent elected by your Landlord?
Would you like to take control of how your service charge is spent?
Almost one third of New Business enquiries to PMS involve guidance on Right To Manage (RTM).
From concept to completion, we assist property developers at every step of a new-build or residential conversion.
Our developer-services package includes everything you will need to ensure your new-build goes without a hitch. Typically we will assist with all elements of planning applications, leasehold documentation and much much more.
PMS now offers bureau services for clients who wish to self manage
The most common issues that we assist self-managed developments with are:
- Setting budgets
- Demanding Service Charge and/or Ground Rent
- Preparation of annual accounts
- Applications for licences to assign, alter and sub-let
- Liaison and appointment of contractors
- Raising/settling of invoices
- Debt recovery and/or mediation
- Contract tendering
- Section 20 consultations and project management
- Collecting and holding service charge monies in trust
- Forfeiture/Lease compliance/Covenant enforcement
- Lease extensions
- Legal Counsel/Solicitor referrals
- Health and Safety compliance
- Staff Payroll/Human Resources services for on-site staff
- Interim management
Why choose PMS Managing Estates?
PMS Managing Estates are registered with the ‘Property Ombudsman’
As part of our ARMA accreditation, we are registered with the Property Redress Scheme. Should anything go wrong, you are entitled to redress through this scheme. If you are with a Managing agent not registered with an Ombudsman scheme and something goes wrong,
We have our own Legal services team
PMS have two former practising conveyancing executives as part of our internal Legal Services Team. Whilst we don’t offer legal advice, we do offer guidance on Landlord and Tenant matters where other Agents would need to refer you solicitors, with the associated fee.
We have worked with the ‘big boys’ in the industry
PMS have provided management services on new-builds to Barratt, Taylor Wimpey, Persimmon, Crest Nicholson, Bovis Homes, and Redrow. Locally based developers are our lifeblood, however, Essex-based regional developers like Knight Developments, Vaughan and Blyth, Harding Homes, Knighton Homes,
The PMS New Business Team can transfer management of your block from another agent in as little as a week
We have a dedicated New Business Team who liaise with your outgoing agent to get management up and running as smoothly and swiftly as possible.
PMS actively exploit economies of scale for their clients
If we take over management of your block in an area that we already cover, we will give you the option of using contractors who may be able to offer economies of scale, thus reducing cost to you.
We are aware of our responsibilities to our community
PMS are conscious of their social responsibility; we are sponsors of several locally based schemes, including The Colchester Youth Awards and are proud sponsors of Alice Kinsella a Colchester born athlete who will be representing Team GB at the 2020 Olympics in Tokyo.
PMS Managing Estates are always trying to save you money
PMS embarked on a joint venture with energy procurement firm, Argent, in 2016 and managed to save our clients £36,000 in the first year alone
Your service charge monies are protected
PMS have a specialist policy, provided by NFU Mutual, underwritten by RSA and fully endorsed by ARMA as part of their ARMA-INSURE scheme, that protects the funds we hold on your behalf. In addition to always holding your funds in a designated trust account,
PMS actively promote regulation of our industry
Our former chairman, Terry Sutton, organised a meeting with Bernard Jenkin, MP for Harwich and North Essex, and Will Quince, MP for Colchester to urge them to support changes in the law to regulate the residential Block Management industry. Read more.
PMS Specialise in property management and nothing else
We do not dilute our attention by dabbling in Estate Agency or property lettings. PMS operates our business in two distinct entities in an effort to streamline our property management services to customers. PMS Managing Estates Limited is the Property Management arm of the business,
The PMS Group of Companies was originally called Property Management Services (Colchester) Limited when it was incorporated in 1987 – we changed the name of the Company in December 2001 as our portfolio was expanding at such a rapid rate to areas outside Colchester into Essex, Suffolk and beyond.