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NEWSLETTER

FEBRUARY 2021 Volume 1


Firstly, we would like to take the time to wish you a belated Happy New Year.

Lockdown is upon us again which means none of us have had the best start to 2021 but, with the new vaccines, we are all hopeful that we will see improvements very soon and life will start to get return to normal.

We have had a very exciting few months here at Xyris, with Andrea Ruffles joining us full time at the end of September and making a very positive mark on the business already. I am sure, to those of you who know her, that this is no surprise.

In April we look forward to Andrea becoming a shareholder and Director of Xyris.

Due to Covid, you will no doubt be aware that, generally, block management has continued as normal, with the exception to holding Directors meetings and AGM’s.

We have held some meetings using Zoom or similar portals, but they have not been overly successful and have left ‘attendees’ frustrated. Practice makes perfect! Though we very much hope that we will be able to continue with face-to-face meetings in the not-too-distant future.

Not only have we been fortunate enough to continue working during the Covid months, but we have also taken on several new clients.

We believe that the reason for this is that Directors of Resident Management Companies/RTM's have found the time to look at overheads and service levels, thus resulting in an approach to others. This can only be seen as a positive.

We are happy to receive enquiries but, more importantly, offer free advice regarding block and estate management as we have no axe to grind.

For those of you who have decided to self-manage or continue to self-manage, please be cautious.

Health & Safety is a minefield, and not likely to improve any time soon, and you need to be aware of requirements as Directors could ultimately be responsible for overlooking requirements relating to blocks of flats.

Consultation for large works is also required, by law. Failure to consult for large works could result in Directors being out of pocket.

The same also applies for long contracts you enter into on behalf of the Company. Good advice is to keep any contract to 364 days, which will negate the need to ‘consult’. Please remember that your lease dictates what can and cannot be done with regards to charging for ‘services’ and works etc. and your Memorandum & Articles of Association dictate how the Management Company should be run.

Both documents should be consulted when making decisions.

We would be happy to hear from you.

STAY SAFE.


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