Page 9 - Lake & Co

Management Overview

Properly managing and maintaining your home along with keeping your family safe is one of the
cornerstones of life. But with our increasingly busy lives, it is something that a lot of us simply don’t have the
time to do to the standard we would like.

The most efficient way to ensure your home is kept in optimum condition is to make sure nothing ever
breaks… Easier said than done!

However, with the use of highly skilled professional tradesmen and by creating on‐going maintenance
schedules for all areas of your home or building, you can significantly reduce the risk of costly, inconvenient
and potentially damaging emergency work.

One often only appreciates things when they stop working. Our aim is that everything works so well you
don’t even notice it’s there.

To ensure continuity, we have a dedicated single point of contact for each of our clients, who has an intimate
knowledge of each property they manage.

Whether it’s your family home, a pied‐à‐terre, or a buy‐to‐let investment, our services are available and
tailored accordingly. Though the specific service changes from property to property, the basic tenet remains:
to ensure that everything runs as smoothly as possible, allowing you the time to relax and experience the
more enjoyable aspects of life.

The process of taking on a new asset for management
After our initial instruction, we will ask for a client brief to identify the aspirations for the property and agree
a strategy for how best to achieve the key objectives.

We will then review all relevant paperwork, confirm the current status and outline the next steps with a
roadmap of how to achieve the best result. Typically, this will involve:

 Specific analysis of the asset in its current form and how it is placed in the market
 Identifying where it sits within the various refurbishment cycles and identify any asset management
opportunities
 Verifying that the building is appropriately certified and complies with all market and legal
requirements to maximise the revenue flow

Once assessed, we will then either report back to the client and advise on the best way forward, confirm the
initial strategy is still appropriate and meets the client’s expectations, or, if instructed, engage the
appropriate professionals directly, to either make improvements or market the building accordingly.

Our services are specific to each of our clients, every project will be assessed individually and the level of
client involvement will also vary depending on project type and position in the current cycle.

If there is a pre‐existing set of services and budget in place, Lake & Co will confirm which services can be
provided within the scope of the budget, and advise which additional services may suit the project, at what
cost, and the expected benefits.