In just three years, a few resident directors have selfishly contributed to the transformation of the Kings Park apartments. By taking control of the management and subsequently purchasing the freehold we were able to cut costs, donate hundreds of hours to save on substantial labour costs, and buy
KPLML started to self-manage on 19th June 2019. The uninspiring and depressing photos below (all taken pre-June 2019), give you an insight into the incredible transformation of Kings Park flats in three short years to what you see today. Click an image below to view it larger, then use the arrows
Kings Park (Leigh) Management Limited (KPLML) Company Explained: Kings Park (Leigh) Managment Limited or KPLML is a registered company at Companies House and has legal obligations governed by your lease, given to you when exchanging contracts to buy your apartment. This company was formed in 2013
What specific improvements would you like to see made at Kings Park and where do you want the reserve fund money investing? As we are now self-managed, go crazy and vote below! Select the items which you deem as priority from the 2 short questions below... Wish List Loading...
Apartments are sold as a hassle-free, sit back and relax purchase, with an assigned professional management agent who will handle the cleaning, repairs and maintenance of the apartment block for a small monthly fee. Unfortunately this is not always the experience of many apartment residents and
A reserve fund or ‘sink’ fund is created under the terms of an apartment lease, with the intention of building up a sum of money over time which can be used to pay for, or contribute to, large items of future expenditure. The concept is to split the cost over a period of time, preventing one off
On paper, the role of an apartment management agent is to professionally manage the running of the development, to ensure the building is fully insured, safe and well maintained. It's a service business which you'd obviously expect to be run profitably, but without the desire for popcorn profits
A common strategy used by apartment management agents is to form an alliance with 1 or 2 residents of the block, with the intention of communicating solely with these individuals, and disregarding complaints, requests and feedback from all other residents. Their other motive is to use these