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  • Property-a-holics

    Can anyone help with a management contract template?

    I have a colleague who recently bought her first BTL property (cash at auction) and handed it over to a guy who pays guaranteed rent, all the bills, and provides short term lets to tenants for his own account. So far (six months) she is entirely satisfied with this arrangement. She moved overseas to live with her husband who is on contract. The management contract is pretty basic. I wanted to review what sort of terms and conditions may be absent from a more formal management contract, so I can discuss with her on her next trip to the UK.

    Does anyone have a practical management agreement template for such a purpose? It would be highly appreciated if anyone can upload such a template so I can review and compare with hers.
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    You might be able to persuade Northwood to let you have a blank contract
    At the same time it might be worth reviewing exactly what arrangements and guarantees this R2R LL has
    Very few lenders allow this sort of stuff!
    Perhaps this person should check out exactly what PI; CMP this R2R LL has
    Very few little R2R operations will be doing things correctly
    At least Northwood would advise how it should be done and if it isn't then you could recommend the business go to Northwood!!?
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    Hi Jerry,

    I doubt if you will want to go this far: but I am now an 'ambassador' for a top English Real estate law firm (www.djblaw.co.uk). If you get to a point where some of the best expertise is available (at provincial lawyer rates) for this, do let me know; and I'll get it set up for you.

    My role is really to bring them HNW conveyancing clients; but they have such a broad spread of experienced specialist lawyers in all real estate fields, that your contact could feel confident of getting best help from them.

    Brian
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    07 42 777 88 79  Property researcher & collaborative sourcing assistant - consultancy & mentorship at times, by request First Finders (residential & commercial land & property: UK, & abroad) Wessex Property Management Services (facilitation & advisory service for property owners) Golden Gate Gardens (specialist garden and landscape design service)