When it comes to managing communal spaces on any large development, ensuring the funds are in place to carry out the work is vital.
It’s one of the important roles we undertake at PMS Managing Estates – and we’re particularly proud to be working with two of the most prestigious housebuilders in the Eastern region who are currently building more than 1600 homes on the Chesterwell development in north Colchester.
We were appointed to manage the amenity charge in 2018 by Mersea Homes and Countryside Properties, who were impressed by the services that we have built up as a Colchester-based managing agent over the past 32 years.
We are responsible for ensuring that all residents, whether in freehold houses or leasehold properties at Chesterwell, pay the annual amenity charge, which we hold in a special trust fund, from which contractors are paid for the work they undertake.
This includes managing each phase as it is built; Chesterwell will consist of woodland spaces, parks and recreational areas and already includes many access ways and some private roadway areas.
The whole development is being created in a village-style – and wild hedgerows and natural open spaces are an important feature to ensure it maintains its balanced country-hamlet feel.
The properties are being built in phases, with the first phase of 253 homes now complete, and work is expected to continue until 2025-26. The development will include primary and secondary schools, shops, restaurants, sports and leisure facilities plus a community centre.
We’re very proud that PMS Managing Estates, with our 34-strong team of highly experienced professionals, has been chosen to work on this major development and look forward to future projects with Mersea Homes and Countryside Properties, as well as other high calibre developers.
Brad Davies, Technical Director at Mersea Homes, said:
“PMS were recommended to us as a company already managing many private housing developments in Colchester.
“From the outset, their technical knowledge demonstrated a clear capability to administer the amenity charge for Chesterwell, whilst balancing community liaison. We are already communicating with PMS in an effort to engage them at our next project in Essex.”