TC41 Managing Mixed Use Developments

London - 27th June 2013 (Lion Court Conference Centre)

Full Day Course: 09:30 - 17:00

Tutors:
Peter Forrester, MRICS - Director: Service Charge Consultancy Savills (co-author of “Residential & Commercial Service Charges” and lead technical author for the RICS Code of Practice for service charges in commercial property)

Jeff Platt, BSc Est Man, FRICS, FIRPM - M.D. Sec20 Ltd, CEO IRPM (author of the RICS Guidance on Managing Mixed Use Developments)

“Residential and commercial management – an excellent knowledge of one does not imply a competence to handle the other”

This one day course is based around the RICS Guidance Note on Managing Mixed Use Developments and is presented by Peter and Jeff  the practical difficulties imposed by the different statutory and regulatory regimes for commercial and residential property are examined. The course approach assumes a hypothetical development of mainly residential (leasehold flats and freehold houses)  and commercial units (shops and offices) with shared elements  where the Landlord has appointed one agent to manage all.

Course topics include:

• the respective legal frameworks - common core principles and differences
• the legal structure – residential, affordable, commercial
• allocation and apportionment
• Landlord & Tenant Act 1954, FRI leases, rack rentals, rent reviews/renewals – record keeping
• VAT - Landlord’s election to waive exemption, utilities and shared areas
• Service Charge Accounts and certification
• Consultation communication and transparency
• Repairs, improvements and refurbishments
• Sinking and Reserve Funds
• Commercialisation
• Management Fees
• Commercial - Rubbish collection, delivery times, parking
• Right to challenge/dispute resolution
• RTM

Who should attend:

This course is for experienced residential property managers who have little/no experience of managing commercial property or mixed use estates and, given the recent Government driven increase in such developments, need to ensure their knowledge spans both elements when tendering for or taking on such a management.