Property management

Penningtons Manches Cooper is recognised as a specialist in residential property management. Our lawyers assist a large portfolio of freeholders, landlords and property investors in the effective management and maintenance of their assets - ranging from modern residential units with high occupancy to Victorian maisonettes.

Regulation of this sector has increased dramatically over the past 10 years and is only set to continue in light of the ongoing demand for residential leasehold property, particularly in London and the South East.  In practice, the relationship between the landlord and tenant is not always straightforward since their objectives are rarely aligned, despite the desire in both cases to ensure that the property is well maintained and ultimately that their investment is protected.

Our team has advised on numerous property related disputes in the First Tier Tribunal, including high value service charge disputes and applications for dispensation from the statutory consultation process for major repair works.

Combining technical excellence with strong market insight, we recognise the need to adapt our approach to property management to reflect both the needs of our clients and the varied nature of their portfolios. We offer pragmatic and proactive guidance in relation to the interpretation and enforcement of lease covenants, section 146 notices and forfeiture proceedings.

As a multi-disciplinary practice, we are able to draw on expertise across the firm to maximise our clients’ commercial objectives, including non-contentious advice covering enfranchisement, lease extensions, right of first refusal and Right to Manage.