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London Estate Property Management Agents Beat the Property Downturn

VFM Property managing agents reports a surge in its London estate property management business for year end 2012. A significant increase in both leasehold and freehold appointments reflects the changing face of residential property estate management.

Property Block Management Services, Brockley Park London SE23
Property Block Management Services, Brockley Park London SE23
Sept. 10, 2012 - PRLog -- VFM Property Management Agents, the Greater London block management residential specialist, is pleased to announce a positive year end trading update ahead of final figures for 2012.

VFM block management provides residential estate management agent services for leasehold and freehold blocks of flats, apartments, and privately run residential estates.

Whilst the property market and most other industries are struggling for survival amidst the UK economic downturn, VFM's residential block management London office is pleased to report strong growth over the past trading year.

Its increasing order book has outperformed forecasts showing sizeable gains when compared with the same period in the previous year. With improved sales turnover and business volumes projected to continue into next year, the mood is cautiously optimistic amongst its property estate management team.

VFM's Managing Director makes it clear however that the the property management company's success this year has not come easy.

'The current performance reflects the culmination of many years' hard work, reinforced by our commitment to raise standards well above the industry norm.  To achieve this we realise that we require to train our staff  to a much higher level.  As a result, our clients can take advantage of a broad range of quality services we are able to offer.'

Further investigation in to VFM's 2012 results reveal that the main source of new residential block management business in the year has been won from competitors who are failing to consistently offer the standards required of leaseholders and industry clients .

It is an unfortunate statistic for VFM's competitors that the majority of VFM's new clients have previously been let down by their previous property managing agents.  

On the face of this poor performance, disgruntled leaseholders and freeholders have turned to VFM to obtain a better service and are pleased with their decision to do so. This trend has been largely responsible for VFM's improved financial figures over the past year and it is a trend that appears set to continue.

If VFM's customers are to be believed, the demands of the current market are changing fast as realisation grows as to the choice available to them elsewhere. Findings suggest that other property management services providers might need to review the way they conduct their business if they are to to survive.

VFM's new and existing customers include private landlords, developers, freehold, leasehold and RTM property management companies who have become fed up with agents unable to deliver a good service. The vast majority of its clients who have recently signed up were searching for a new management company that could make a difference and found that VFM could meet their needs.

To find out more about VFM's property services results and performance for 2012 why not visit its website at http://www.vfmproperty.com or telephone 020 8658 6824

VFM are Chartered Surveyors, Regulated by RICS (Royal Institution of Chartered Surveyors). Its property management services comply with the RICS Residential Service Charge Management Code giving many benefits and peace of mind to developers, freeholders and leaseholders throughout London and the South East.

In addition to core managing agent services, chartered QS, quantity surveying, CDM and project management services are offered where specialist advice.is required. Details are available at http://www.vfmgroup.com

VFM's block management London offices are located in Beckenham, London Borough of Bromley, near to Lewisham and Croydon on the Kent Surrey borders.  Croydon tram link, Beckenham Junction and New Beckenham main line rail services offer easy and efficient transport links throughout Greater London including  Bromley South, London Victoria, the City, London Bridge, Waterloo and Cannon Street.

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Contact Email:
***@vfmproperty.com Email Verified
Source:VFM Estate Property Management Agents
Phone:020 8658 6824
Zip:BR3 3LA
Location:Greater London - London, Greater - United Kingdom
Industry:Property, Real Estate
Tags:Property Management Agents, Property Management Services, Block Management, Estate Management London
Last Updated:Feb 10, 2013
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