
Our team members have a vast experience of working alongside a variety of developers, which has spanned over many years. Our knowledge covers from exclusive highly-serviced city centre developments through to large sprawling suburban sites.
Carringtons will assist developers at drawing-board stage with advice on issues such as staffing, security, and the phasing-in of services. We also prepare service charge budgets at an early stage to assist the sales team in providing appropriate marketing details for potential clients.
On the legal side of things, we prepare and issue Management agreements, assist with solicitors' enquiries, i.e. purchaser's solicitor with queries regarding Legal Documentation, management responsibility and explanation of covenants.
Prior to handover, we liaise with a developer to ensure that all Management queries and issues have been resolved, to achieve a successful handover. Full Management begins, often on a staged basis, when the first sale completes. With regards to daily accounting, an understanding of the obligations of developers to meet service charges for void units including an awareness of the developer's own budgetary constraints are critical.